Abstract
Interest rates play an important role in promoting business activity and all country’s economic development. The aim of this work is to identify determinants of non-financial corporations’ loan interest rates in Lithuania. Methods used in the analysis are: systematic analysis of the scientific literature, correlation analysis, statistical research and graphical analysis methods. The results showed that in the analyzed 2005–2014 mid period loans of non-financial corporations residue was mainly in euros. It may be related to the average interest rates of loans, which the entire analyzed period taking out loans in euros was 0.36 to 4.90 percent point less than taking out loans in litas. Analyzing new issued loans to non-financial corporations, it was found that almost the entire analyzed period, new loans (up to one year) was more issued in euros. There was also found that the strongest impact on Lithuanian non–financial corporations’ lending interest rates makes the ECB interest rates to non–financial corporations.
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