The World Bank's Economic Policy, Poverty and Gender council released a report about what stops banks from helping the private sector in Egypt.
Bank credit to Egypt’s private sector decreased over the last decade, despite a recapitalized banking system and high rates of economic growth. Recent macroeconomic turmoil has reinforced the trend. This paper explains the decrease based on credit supply and demand considerations by

1) presenting stylized facts regarding the evolution of the banks’ sources and fund use in 2005 to 2011, noting two different cycles of external capital flows, and

2) estimating private credit supply and demand equations using quarterly data from 1998 to 2011.