Russia Loan Supply and Monetary Policy Transmission Mechanism
Mohammad Farajnezhad
Azman Hashim International Business School, Universiti Teknologi Malaysia, 54100 Kuala Lumpur, Malaysia
Ma Junzhe
Faculty of Business and Communication, Inti International University, 71800 Nilai, N. Sembilan, Malaysia
Durrishah Idrus
Engineering Department, Razak Faculty of Technology & Informatics, Universiti Teknologi Malaysia, 54100, Kuala Lumpur, Malaysia,
Jason See Toh Seong Kuan
Faculty of Business and Communication, Inti International University, 71800 Nilai, N. Sembilan, Malaysia,
Azman Hashim International Business School, Universiti Teknologi Malaysia, 54100 Kuala Lumpur, Malaysia
Ma Junzhe
Faculty of Business and Communication, Inti International University, 71800 Nilai, N. Sembilan, Malaysia
Durrishah Idrus
Engineering Department, Razak Faculty of Technology & Informatics, Universiti Teknologi Malaysia, 54100, Kuala Lumpur, Malaysia,
Jason See Toh Seong Kuan
Faculty of Business and Communication, Inti International University, 71800 Nilai, N. Sembilan, Malaysia,
Keywords: Monetary Policy Transmission Mechanism; Loan Supply; Panel Data, Russia..
Abstract
The purpose of this study is to determine the extent to examine a credit channel of the monetary policy transmission mechanism in emerging economies, such as Russia from the BRICS countries using panel data. The findings of this study comprise the conclusion that there is a highly significant and positive between total assets and amount loans (0.42). Also, there is a significant but negative relationship between bank liquidity and loan amount (-1.69). In addition, there is a significant and positive relation between interaction macroeconomic variables interest rate with bank characteristic capital ratio on amount loan (0.06).