Lebanon: Selected Issues
February 9, 2012
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Lebanon’s credit growth in 2008–10 has been concentrated in trade and services, household loans, and the construction sector. These sectors accounted for almost 80 percent of all new loans extended since 2008. Real estate lending in particular has been increased substantially. On the demand side, a renewal in confidence following an improved political environment in 2008 led to a rebound in economic activity that, together with a real estate boom, fueled credit demand.
Subject: Agricultural commodities, Business environment, Commodities, Credit, Economic sectors, Expenditure, Money, Oil prices, Prices, Social assistance spending
Keywords: Africa, Agricultural commodities, Business environment, CR, Credit, Global, government debt-to-GDP ratio, growth performance, ISCR, Lebanon, lending, lending capacity, oil exporter, oil price shock, Oil prices, price, Social assistance spending
Pages:
47
Volume:
2012
DOI:
Issue:
040
Series:
Country Report No. 2012/040
Stock No:
1LBNEA2012002
ISBN:
9781463940362
ISSN:
1934-7685
