The Analysis of Influence of Macroeconomic Conditions on Changes in the Corporate Market of Banking Services

One of the main factors determining the economic growth of the state is the development of the corporate sector. What is more, commercial banks are considered as an important source of borrowed capital for organizations, because one of their key function is to support the real sector. However, it should be known that both the corporate sector and banks function in certain macroeconomic conditions, which probably have an impact on their activities. Thus, the main purpose of the work is to explore the issue if macroeconomic factors influence the volume of banking services of the corporate sector in various industries, and also to identify the nature and extent of this influence. The research method is the construction of ADL models, where the dependent variables are the volumes of banking services, and various macroeconomic indicators are regressors. The result of the work is an analysis of the relationship between macroeconomic and financial services provided by various organizations, based on empirical data, and as a result – conclusions about the nature of their impact on the activities of both the banking and real sectors, and hence the economic growth of the state as a whole. Moreover, this study can help organizations and banks take into account additional risks of their activities, focusing on macroeconomic indicators.