tailieunhanh - Factors affecting liquidity risk in the system of Vietnamese commercial banks

The research tries to identify causes of liquidity risk for the system of Vietnamese commercial banks. Data for the research are collected from annual reports in the years 2002-2011 by 27 Vietnamese commercial banks. | 34 | Trương Quang Thông | 34 - 48 Factors Affecting Liquidity Risk in the System of Vietnamese Commercial Banks TRƯƠNG QUANG THÔNG University of Economics HCMC truongquangthong@ ARTICLE INFO ABSTRACT Article history: Received: July 09, 2013 Received in revised form Aug. 06, 2013 Accepted: Dec. 31, 2013 The research tries to identify causes of liquidity risk for the system of Vietnamese commercial banks. Data for the research are collected from annual reports in the years 2002-2011 by 27 Vietnamese commercial banks. The liquidity risk examined in the research is financing gap; and independent variables, or factors affecting the liquidity risk, are divided into two groups: internal and external ones. The estimated results of the models show that the liquidity risk among banks depends not only on internal factors, such as total asset size, liquidity reserve, inter-bank loan, and ratio of equity to capital, but also on external ones, or macroeconomic factors, such as growth rate, inflation, and especially effects of policy lags. Keywords: bank, risk, liquidity, Vietnam. Factors Affecting Liquidity Risk JED January 2014| 35 1. INTRODUCTION There are numerous debates about the liquidity problems of Vietnamese banking system. Some suggest that the main cause is an overall small scale, whereas others maintain that liquidity supply of such a developing economy as that of VN is comparatively limited. Several authors also argue that the liquidity problem is greatly influenced by fiscal and monetary policies adopted by the Government. The research aims to identify the causes of liquidity risk for the system of Vietnamese commercial banks. According to the model, one dependent variable is "financing gap" measured by the difference between bank loans and deposits divided by total assets while independent variables are categorized into two groups: (i) internal factors include total asset size, average asset size, ratio of liquidity reserve to total .

• Ngân hàng - Tín dụng
• Liquidity risk
• Vietnamese commercial banks
• Annual reports
• Financing gap
• Independent variables
• Lending values
• Lending values and liquidity risk
• Single stock
• Lombard lending
• Tunisian banks
• Panel data analysis
• Determinants of liquidity risk
• Evidence from Tunisian banks
• Doctor of philosophy in economics thesis summary
• The impact of liquidity risk on bank performance efficienc
• Empirical evidence from south east Asia countries
• Bank efficiency performance
• Analyze the impact of liquidity risk
• Banking risk
• Liquidity position determinants
• Panel data
• Foreign owned banks
• Open end fund
• Incentive compensation
• Principal agent
• Liquidity risk and incentive compensation
• Bank funding
• Credit risk
• Bank integrating credit
• Funding optimization
• Liquidity risk management
• Vietnams commercial banks
• Financial markets
• Corresponding rise
• Liquidity demand
• Impact of liquidity transformation
• Liquidity transformation
• Vietnamese commercial banks adequacy ratio
• Banks adequacy ratio
• Credit risk CRSK
• Gross domestic product GDP
• Commercial banks
• Multiple currency regime
• Zimbabwean commercial banks
• Liquidity risk determinants
• Multiple currencies exchange rate system
• Value at risk
• Expected shortfall
• Market liquidity
• Bid Ask spread
• Evidence from Turkish banks
• VaR and expected shortfall
• Matter of cash flow
• Balance sheet and income statement
• Cash flow strains
• Construction of a maturity ladder
• Financial situation
• High quality liquid assets
• Required stable funding
• Lecture Money and Banking
• Bài giảng Tiền tệ và Ngân hàng
• Money and Banking
• Bank risk
• Interest rate risk
• Trading risk
• Idiosyncratic volatility
• Liquidity measures
• Individual stock options
• Stock returns
• Explanatory power
• ROE breakdown
• financial futures
• rate risk
• simulation model
• Financial institutions management
• Foreign exchange risk
• Sovereign risk
• Liquidity management
• Capital adequacy
• Product diversification
• Geographic expansion
• Policy Recommendations
• Management Function
• Technological Infrastructure
• Risk Limits
• Financial Risks
• Macroprudential regulation
• Illiquidity option
• Taiwans capital market
• Systemic risk
• Credit crunch
• Capital requirement
• Liquidity requirement
• Operational risk
• option arbitrageur
• financial insurance
• techniques for trading
• market dynamics
• liquidity holes
• risk method
• Pulmonary Tuberculosis
• Prevalence
• HIV infection
• infectious disease
• Mycobacterium
• disease burden
• Build or Improve
• Improvement and Structure
• Syphilis
• Protozoal Infection
• Human Trichomoniasis
• Current Perspectives
• economic research
• Angiogenic Factors
• Local Immune
• Mechanisms Involved
• Formation of Endometriotic
• Endometriotic Lesions
• Financial system
• Commercial banking
• Financial institutions
• Risk management