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The determinants of growth in bank loans in the EU-15 and the CEE-11 after the global financial crisis

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  • Małgorzata Pawłowska

    (Warsaw School of Economics, Collegium of Socio-Economics)

Abstract

The aim of this research is to investigate the issue of asymmetry of the credit market determinants of bank loans between the CEE-11 countries (Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia, Rumania) and the other countries (Austria, Belgium, Denmark, Finland, France, Greece, Italy, Spain, the Netherlands, Ireland, Luxembourg, Germany, Portugal, Sweden, the United Kingdom) after the global financial crisis (GFC) of 2008. For the analysis, we used annual bank-level data which is collected from the BankSope Orbis database and macroeconomic data on GDP growth from the European Central Bank. The panel data covers the period 2011–2016 and regards commercial banks and savings banks that operated in the EU countries. Using the methodology of panel regression (fe), this study finds differences in the determinants of growth in loans for two groups of countries after the global financial crisis.

Suggested Citation

  • Małgorzata Pawłowska, 2018. "The determinants of growth in bank loans in the EU-15 and the CEE-11 after the global financial crisis," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 53, pages 163-175.
    • Handle: RePEc:sgh:annals:i:53:y:2018:p:163-175
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    References listed on IDEAS

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    More about this item

    Keywords

    banks; credit growth; concentration; foreign ownership; EU-15; CEE-11;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G2 - Financial Economics - - Financial Institutions and Services
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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