LV trịnh chung đức
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LV trịnh chung đức
UNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT E LV trịnh chung đứcECONOMICSDETERMINANTS OF NONPERFORMING LOANSTHE CASE OF VIETNAMESE BANKING SECTORA thesis submitted in partial fulfillment of the requirements for degree ofMASTER OF ARTS IN DEVELOPMENT ECONOMICSByTRUONG NGOC THANHAcademic SupervisorDR. NGUYEN THI THUY LINHHO CHI MINH CITY, DECEMBER 2016Determinants LV trịnh chung đức of nonperforming loans - The case of Vietnamese banking sectorABSTRACTThe main purpose of (his study is to examine the determinants of non-performingLV trịnh chung đức
loans (NPLs) in (he case of Vietnamese banking sector by analyzing the unbalanced panel data of 30 Vietnamese banks over the period of 2008 - 2012. BUNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT E LV trịnh chung đứcross Domestic Product (GDP) growth rate, unemployment rate, real lending interest rate and sovereign debt are exogenous variables (hat effect on NPLs. Besides that, the study examine the bank-specific determinants by analyzing relevant hypothesis such as ‘bad management’, ‘pro-cyclical credit policy LV trịnh chung đức’, ‘skimping’, ‘diversification’, ‘too big to fail’, ‘moral hazard’ hypothesis. According these hypotheses, return on equity, inefficiency rate, propoLV trịnh chung đức
rtion of non-interest income and leverage ratio are (he endogenous variables which effect to NPLs. In addition, credit growth rate is added into modelUNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT E LV trịnh chung đứcestigating the difference in NPLs of state-owned banks and fully foreign-owned banks. The fixed effect of unbalance panel data is employed to test these hypotheses.Regarding bank-specific factors, the inefficiency rate and credit growth rate statistically affect on NPLs. However, return on equity, n LV trịnh chung đứcon-interest income rate, leverage ratio do not statistically significant effect on NPLs. According to regression result, it shows the negative and sigLV trịnh chung đức
nificant relationship between the inefficiency rate and NPLs that is consistent with ‘skimping’ hypothesis. Moreover, the relationship between credit UNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT E LV trịnh chung đứcreal lending interest rate and sovereign debt statistically significant affect on NPLs. The regression shows the positive and significant relationship between the sovereign debt and NPLs which is consistent with hypothesis. The increase in sovereign debt will reduce payment ability that increases th LV trịnh chung đứce future NPLs. However, the regression shows the positive relationship between GDP growth rate and NPLs and negative relationships between the unemploLV trịnh chung đức
yment rate, lending interest rate and NPLs that is not consistent with hypothesis.Truong Ngoc Thanh - Class 19https://khothuvien.cori!Determinants of UNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT E LV trịnh chung đứct return on equity and leverage ratio are affected in state-owned bank that lead to higher NPLs. However, the effect of foreign investment in fully foreign-owned banks on NPLs is not supported in this study.There are some policy implications based on the regression results. Firstly, the sovereign de LV trịnh chung đứcbt should be strictly control in order to enhance the payment ability of debtors. Secondly, the underwriting and monitoring loans process should be coLV trịnh chung đức
ntrolled to reduce NPLs expansion at bank level. Finally, the operations of state-owned banks should be controlled to reduce NPLs expansion in state-oUNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT EUNIVERSITY OF ECONOMICHOCHIMINH CITYVIETNAMINSTITUDE OF SOCIAL STUDIESTHE HAGUETHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR M.A. IN DEVELOPMENT EGọi ngay
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