Credit Boom Or Bust?

August 2005
Emerging Europe Monitor: Central Europe & Baltic States;Aug2005, Vol. 12 Issue 8, p12
Country Report
Country Report
The article reports that the strong growth of domestic demand over the past few years in Lithuania has been stimulated by a rapid increase in bank lending to the non-financial private sector. While credit growth appears to have peaked in mid-2004 at almost 70% on an annual basis, it remained very high at 40% in Q1,05. Meanwhile, lending to individuals continues to soar, up 94% year-on-year (y-o-y) in Q1,05, with loans denominated in foreign currencies (mainly euros) increasing by a staggering 160%, albeit from a low base. The pace of loan growth has even prompted economists at the European Commission to ask whether Lithuania is at risk of an unsustainable credit boom.


Related Articles

  • The Internet's Role in the Evolution of Credit. Cundiff, Kelly // Business Credit;Oct2003, Vol. 105 Issue 9, p56 

    Reports on the role of the Internet in the evolution of the credit business in the U.S. Automation of credit systems; Use of scoring models to quantify the credit risk of each customer; Elimination of wait-time for the customers.

  • A CREDIT RISK MODEL FOR BANK'S LOAN PORTFOLIO & OPTIMIZE THE VAR. Salari, Meysam; Ghodsypour, S. Hassan; Lemraski, Mohammad Sabbaghi; Heydari, Hamed // Interdisciplinary Journal of Contemporary Research in Business;May2012, Vol. 4 Issue 1, p125 

    The New Basel accord has highlighted the need for models of the credit risk in portfolios of corporate loans. There are really no such models of the risks in corporate loan portfolios even though there is a well established industry - credit scoring - in modelling the risk of individual loans....

  • The proposed criteria for Egyptian Commercial credit risk management and description of a model for measuring these risks. Shammot, Marwan M.; Atta, Mohamed Mohamed // Interdisciplinary Journal of Contemporary Research in Business;May2011, Vol. 3 Issue 1, p40 

    This study aims to analyze the Credit Risks faced by Commercial banks in Egypt, to Propose standards for measuring credit risk of commercial bank and to Describe of a model for measuring credit risk based on scientific grounds. For achieving the objective of this research, under the hypothesis...

  • On Activating Credits for Production. Maevskii, V.; Rogova, O. // Problems of Economic Transition;May96, Vol. 39 Issue 1, p26 

    Examines the monetary-credit policy of the Russian Federation which was approved in 1995 for 1995-97. Need for adjusting the policy to normalize the circulation of money and to use credit money actively to stabilize and revive production; Role of money supply in suppressing rate of inflation;...

  • Kreditklemme I: Deutsche Wirtschaft sieht keine Probleme beim Kreditzugang.  // Risiko Manager;2012, Issue 9, p4 

    The article discusses a the results of a survey on lending practices of German banks, released by the ifo-Institut. The survey indicates that banks have been making it easier for businesses in most branches to obtain loans.

  • Analysis of exercise boundary of American interest rate option. Fa-huai Yi; Xin-ling Peng; Ying-shan Chen // Applied Mathematics & Mechanics;Mar2008, Vol. 29 Issue 3, p409 

    By applying the variational inequality technique, we analyzed the behavior of the exercise boundary of the American-style interest rate option under the assumption that the interest rates obey a mean-reverting random walk as given by the Vasicek model. The monotonicity, boundedness and C...

  • Stability of a U.K. Money Demand Equation: A Bayesian Approach to Testing Exogeneity. Lubrano, M.; Pierse, R.G.; Richard, J.-F. // Review of Economic Studies;Aug86, Vol. 53 Issue 4, p603 

    The paper analyses an M3 demand for money equation for the United Kingdom. Attention is paid to the policy change that occurred in 1971 with the introduction of the measure known as Competition and Credit Control. Classical and Bayesian single equation instrumental variables procedures are...

  • Estimating Money Demand in Log-First-Difference Form. Cover, James Peery; Keeler, James P. // Southern Economic Journal;Jan87, Vol. 53 Issue 3, p751 

    Recommends a certain form for the estimation of demand-for-money functions and to examine some fundamentals issues using the form. Time series properties of real money balances and real Gross National Product; Simple function for demand-for-money; Various issues in demand for money.

  • THE OPTIMUM QUANTITY OF MONEY. Tyler, John R. // American Economist;Spring72, Vol. 16 Issue 1 

    Argues that the demand for money cannot be determined in a state analysis and that in a dynamic analysis it is not necessary to assign a direct utility of the money. Maximization of utility over time by means of the maximum principle; Model formulation using dynamic programming.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics