Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)

<Previous Article In Volume
Next Article In Volume>

Analysis of the Effect of Macroeconomic Variables on Demand for Investment Credit at Commercial Banks in Indonesia

Authors
Airil Furqan1, *, Sri Ulfa Sentosa1
1Universitas Negeri Padang, Padang, Indonesia
*Corresponding author. Email: airilfurqan@gmail.com
Corresponding Author
Airil Furqan
Available Online 16 September 2025.
DOI
10.2991/978-94-6463-839-4_24How to use a DOI?
Keywords
ECM; exports; imports; investment credit interest rates; inflation; economic growth; and third-party funds
Abstract

The purpose of this research is to identify and assess both the long- and short-term effects of macroeconomic factors on the demand for investment loans at Indonesian commercial banks. The Error Correction Model (ECM) was employed to analyze the long-term and short-term relationships between the independent and dependent variables. The data utilized ranges from 2009 to 2019. According to the study’s findings, export factors, credit interest rates, and third-party funds have little effect on investment credit demand in Indonesia in the near run. Meanwhile, inflation and economic growth have a substantial short-term impact on investment credit demand. Variable exports, inflation, economic growth, and third-party funds have no long-term impact; nevertheless, lending rates have a long-term impact on demand for investment credit at Indonesian commercial banks.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
16 September 2025
ISBN
978-94-6463-839-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-839-4_24How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Airil Furqan
AU  - Sri Ulfa Sentosa
PY  - 2025
DA  - 2025/09/16
TI  - Analysis of the Effect of Macroeconomic Variables on Demand for Investment Credit at Commercial Banks in Indonesia
BT  - Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
PB  - Atlantis Press
SP  - 277
EP  - 286
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-839-4_24
DO  - 10.2991/978-94-6463-839-4_24
ID  - Furqan2025
ER  -