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Forecasting of the Influence of Financial Institutions Loan Portfolio Change for the Economic Sectors of the Country

Author

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  • Jureviciene Daiva
  • Pupelyte Laura

    (Mykolas Romeris University, Faculty of Economics and Finance management, Department of Banking and Investments; Ateities str. 20, LT-08303 Vilnius, Lithuania; +370 5 271 4550)

Abstract

Purpose of the article is to predict the interrelationship between the change of financial institutions loan portfolio and activities of the main economic sectors in Lithuania. Coherence between financial intermediation and economic growth cause a great interest of economists during the late decade. Prevailed opinion that banking sector is the reflection of economic growth and expansion and that its role - to intermediate in the saving and investing needs, reallocating funds between economic activities, was replaced by sentiment that strong and stable banking sector could be not only the result of economic development, but also the cause of this growth. The purpose of the article is to accomplish forecast of the influence of financial institutions loan portfolio change to the main economic sectors in Lithuania for 2013-2017 period.

Suggested Citation

  • Jureviciene Daiva & Pupelyte Laura, 2013. "Forecasting of the Influence of Financial Institutions Loan Portfolio Change for the Economic Sectors of the Country," Creative and Knowledge Society, Sciendo, vol. 3(1), pages 1-16, July.
    • Handle: RePEc:vrs:crknos:v:3:y:2013:i:1:p:1-16:n:1
    DOI: 10.2478/v10212-011-0027-z
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    References listed on IDEAS

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