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Credit dynamics in Central and Eastern Europe

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  • Petar Peshev

Abstract

The descriptive analysis was applied to investigate the credit dynamics as well as the factors for credit supply and demand in the EU member states in Central and Eastern Europe, being outside the Eurozone – Bulgaria, Latvia, Lithuania, Poland, Romania, Hungary and the Czech Republic in the period 2008-2012. The analysis has taken into consideration the differences among these seven member states, but the economic activity seems to be the key aspect for the demand of credits as well as for the dynamics of crediting. It has an impact on the bank balances through the dynamics of unserved credits, and hence on the behaviour of commercial banks, respectively - the supply of credits.

Suggested Citation

  • Petar Peshev, 2014. "Credit dynamics in Central and Eastern Europe," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 37-58,59-79.
    • Handle: RePEc:bas:econth:y:2014:i:2:p:37-58,59-79
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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G01 - Financial Economics - - General - - - Financial Crises

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