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Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

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Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMERASMl s I NVERSITY ROTTERDAM INSTITUTE OF SOCIAL STI DIES THE NETHERLANDSVIETNAM - THE NETHERLANDSPRO

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam OGRAMME FOR M.A IN DEVELOPMENT ECONOMICSCOLLATERAL LIQUIDITY AND LOAN DEFAULT RISKS: THE CASE OF VIETNAMNGUYEN LE IIIEUBYMASTER OF ARTS IN DEVELOPMENT

ECONOMICSHO CHI -MINH CITY, Dec 2016DECLARATIONBy these statements, I declare that the thesis titled “Collateral liquidity and loan default risks, th Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

e case of Vietnam” is result of my own works and efforts. All the contents in this thesis are my study based on reviewing some previous papers which a

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

re clearly indicated in references. In addition, this thesis has not beet! submitted to get any other degrees or certifications.SignatureNGUYEN LE HIE

UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMERASMl s I NVERSITY ROTTERDAM INSTITUTE OF SOCIAL STI DIES THE NETHERLANDSVIETNAM - THE NETHERLANDSPRO

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam mmendations really help to improve the quality of this study very much.My special thanks lor all lecturers who taught me many profound arid useful kno

wledge. 1 hanks all VNP office employees who supported me so much during my master course.Besides. 1 really appreciated unforgettable memories dial 1 Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

have experienced with all my classmates m VNP class 21. Illis friendship will be maintained and developed deeply in future.l astly, Ĩ would like to sh

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

ow my thankfulness to my family who really supported me so much and therefore Ĩ am enabled to finish this course.ABSTRACTThis diesis investigates the

UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMERASMl s I NVERSITY ROTTERDAM INSTITUTE OF SOCIAL STI DIES THE NETHERLANDSVIETNAM - THE NETHERLANDSPRO

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam ect default risks. Following the approach of Jimenez and Saurina (2004). binominal logit model IS applied on the data from individual loan accounts of

a mednun - size conunercial bank in Vietnam. The empirical results suggest the significant and negative impact of collaterals* liquidity on loans' pr Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

obability of default, suppolling the dominance of borrower selection effect and risk shifting effect over lender selection effect. Moreover, the findi

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

ng also implies that bank has not applied carefully and thoroughly screening process on loans that aie fully secured by low liquid collaterals and the

UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMERASMl s I NVERSITY ROTTERDAM INSTITUTE OF SOCIAL STI DIES THE NETHERLANDSVIETNAM - THE NETHERLANDSPRO

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam ch background and motivation....................................11.2.Research objectives and research questions............................41.3.Resear

ch Methodologies and Data.......................................51.4.Research Contribution.................................................51.5.Struct Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

ure of thesis...................................................6CHAPTER 2.....................................................................72.1The

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam

oretical review of relationship betweencollaterals and loan risks.72.2Empirical review of relationship between collaterals and loan risk...122.3Theore

UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMERASMl s I NVERSITY ROTTERDAM INSTITUTE OF SOCIAL STI DIES THE NETHERLANDSVIETNAM - THE NETHERLANDSPRO

Luận văn thạc sĩ collateral liquidity and loan default risks, the case of vietnam earch methodology.................................................17

UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMERASMl s I NVERSITY ROTTERDAM INSTITUTE OF SOCIAL STI DIES THE NETHERLANDSVIETNAM - THE NETHERLANDSPRO

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