Machine learning approach to drivers of bank lending: evidence from an emerging economy

Financial Innovation

Table 1 Descriptive statistics

Group	Acronym	Lag	Unit	Mean	Median	Max	Min	Std. Dev
Dep. Var	Ln(Loans)	Current	TL	16.005	16.175	19.665	3.611	2.064
Bank-Specific Characteristics	LLPTA	4	Ratio	0.017	0.015	0.085	0.000	0.012
	LIQR	Current	Ratio	0.253	0.241	0.781	0.006	0.121
	GVTTA	Current	Ratio	0.172	0.144	0.774	0.000	0.128
	FATA	4	Ratio	0.020	0.013	0.516	0.001	0.030
	DFR	Current	Ratio	0.629	0.621	0.875	0.012	0.091
	DEPOVER	4	Ratio	− 0.082	− 0.020	1.640	− 0.984	0.310
	CAPR	1	Ratio	0.121	0.114	0.916	0.033	0.051
	ROA	3	Ratio	0.008	0.008	0.059	− 0.176	0.014
	LENDINGR	4	Ratio	0.083	0.074	1.589	0.018	0.065
Macroeconomic Indicators	Ln(GDP)	4	Thousand TL	19.554	19.487	20.609	18.383	0.595
	LEAD	Current	Index	152.992	139.380	215.910	120.770	30.806
	CPI	4	Index	106.766	99.731	195.931	48.800	38.714
	ON	4	%	12.659	10.500	44.000	1.500	8.885
	REER	Current	Index	101.348	101.355	118.183	76.655	9.351
	GVT9M	4	%	14.617	11.001	54.700	4.460	10.576
	GVT2Y	4	%	24.407	11.300	81.690	5.670	26.726
Global Factors	FFR	Current	%	1.339	0.400	5.260	0.070	1.662
	ECB	4	%	1.467	1.000	4.250	0.000	1.301
	OIL	4	US Dollar	71.114	66.725	121.477	26.067	28.389