Economic Determinants of the Level of Loans Granted to Households

Patrycja Kowalczyk-Rólczyńska


Loans to households, on the one hand, are an important source of financing of the household needs. On the other hand, they are a very important part of the banking loans portfolio. Depending on the aim of taking loans, loans are divided into three basic groups: housing loans, consumer loans, and other loans. Many factors (economics, demographic, financial, legal, and others) influence the development of the loans for households. The purpose of the article is to identify the economic factors which diversify the level of loans taken by households in selected European Union countries. To achieve the purpose of the article, the correlation analysis was applied to verify the statistical interdependences between the main economic indicators and the value of housing and consumer loans granted to households. The results of the study showed that only selected economic factors diversify the level of household loans. Typical macroeconomic factors turned out to be insignificant
Author Patrycja Kowalczyk-Rólczyńska (MISaF / IZF / KU)
Patrycja Kowalczyk-Rólczyńska,,
- Katedra Ubezpieczeń
Publication size in sheets0.55
Book Bilgin Mehmet Huseyin, Danis Hakan, Demir Ender, Can Ugur (eds.): Country Experiences in Economic Development, Management and Entrepreneurship. Proceedings of the 17th Eurasia Business and Economics Society Conference, Eurasian Studies in Business and Economics, vol. 5, 2017, Springer International Publishing, ISBN 978-3-319-46318-6, [978-3-319-46319-3], 933 p., DOI:10.1007/978-3-319-46319-3
Keywords in Englishhousing loans, consumer loans, economic factors, correlation coefficient, significance test
Languageen angielski
Score (nominal)20
Score sourcepublisherList
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