Credit Union's Theoretical Aspects and Performance Analysis

Filomena Jasevičienė, Rima Tamošiūnienė, Simona Vidzbelytė



 In recent years, the role of credit unions (credit cooperatives) has gradually become more and more significant in financial sector of Lithuania. The number of credit unions grew as well as their assets, number of members and deposits. The beginning of rapid process of credit unions establishment and development caused unmeasured risks, which led to suspended activity of several credit unions in 2013. In order to assess factors that affect stability of credit unions, the study using the economical – statistical methods was performed.


Keywords: Credit unions, performance analysis, loans, financial ratios.


JEL: G21, G00

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