0028 Yếu tố ảnh hưởng đến khả năng của các NHTM Việt Nam 2018.docx

NGÂN HÀNG NHÀ NƢỚC VIỆT NAM BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƢỜNG ĐẠI HỌC NGÂN HÀNG TP HỒ CHÍ MINH - KHĨA LUẬN TỐT NGHIỆP Chun ngành: Tài – Ngân hàng Mã ngành: 7340201 ĐỀ TÀI: YẾU TỐ ẢNH HƢỞNG ĐẾN KHẢ NĂNG CẠNH TRANH CỦA CÁC NGÂN HÀNG THƢƠNG MẠI VIỆT NAM Sinh viên thực hiện: NGUYỄN THỊ DIỆU HUYỀN Lớp: HQ2-GE02 Khóa học: KHĨA 30 Giảng viên hƣớng dẫn: Th.S ĐẶNG TRÍ DŨNG Tp Hồ Chí Minh, tháng 12 – 2018 NGÂN HÀNG NHÀ NƢỚC VIỆT NAM BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƢỜNG ĐẠI HỌC NGÂN HÀNG TP HỒ CHÍ MINH - KHÓA LUẬN TỐT NGHIỆP Chuyên ngành: Tài – Ngân hàng Mã ngành: 7340201 ĐỀ TÀI: YẾU TỐ ẢNH HƢỞNG ĐẾN KHẢ NĂNG CẠNH TRANH CỦA CÁC NGÂN HÀNG THƢƠNG MẠI VIỆT NAM Sinh viên thực hiện: NGUYỄN THỊ DIỆU HUYỀN Lớp: HQ2-GE02 Khóa học: KHĨA 30 Giảng viên hƣớng dẫn: Th.S ĐẶNG TRÍ DŨNG TĨM TẮT Nghiên cứu sử dụng phƣơng pháp hồi quy Moments tổng quát (GMM) nhằm phân tích yếu tố ảnh hƣởng đến khả cạnh tranh Ngân hàng Thƣơng mại Việt Nam Dữ liệu nghiên cứu bao gồm thông tin kế tốn tài ngân hàng thƣơng mại Việt Nam giai đoạn 2006-2017 Mục tiêu nghiên cứu để xác định yếu tố ảnh hƣởng đến khả cạnh tranh NHTM Việt Nam Từ đánh giá mức độ ảnh hƣởng yếu tố đến khả cạnh tranh NHTM Khả cạnh tranh đƣợc đo lƣờng số Lerner Các yếu tố tác động đến khả cạnh tranh bao gồm: Quy mô ngân hàng (SIZE), Rủi ro ngân hàng (RISK), Vốn chủ sở hữu tổng tài sản (ETA), Thu nhập khác tổng tài sản (OI), Chi phí hoạt động tổng doanh thu (NI), Tốc độ tăng trƣởng kinh tế (GDP) Yếu tố lạm phát (INF) Kết nghiên cứu cho thấy yếu tố tác động đến cạnh tranh ngân hàng thƣơng mại Việt Nam gần nhƣ tƣơng đồng với nghiên cứu thực nghiệm trƣớc nƣớc, đa số phù hợp với kỳ vọng tác giả Cụ thể là, Biến Risk có tác động trái chiều lên số LERNER mức ý nghĩa 5%, biến Size tác động tích cực đến sức cạnh tranh ngân hàng mức ý nghĩa 10%, yếu tố vĩ mơ nhƣ GDP hàng năm có mối quan hệ nghịch biến với sức cạnh tranh ngân hàng iii ABSTRACT The research uses the Generalized Methods of Moments (GMM) to analyze the factors affecting competitiveness of Vietnamese Commercial Banks The data include the accoungting and financial information of Vietnamese Commercial Banks for the 2006-2017 periods The research objective of the project is to identify the factors affecting the competitiveness of the commercial banks in Vietnam From that, the influence of these factors on the competitiveness of Commercial banks will be assessed The research uses the Lerner index to measure bank’s competitiveness The factors affect the bank’s competitiveness including: Logarithm of total assets of the bank (SIZE), Bad debt ratio (RISK), the share of own captital on total assets of the bank (CAP), the ratio of non-interest income (OI), Operating costs on total income (NI), Growth rate of gross domestic product (GDP) and Inflation rate (INF) The research results show that factors affecting the competitiveness of commercial banks in Vietnam are almost identical to previous empirical studies at home and abroad, and most are in line with expectations Specifically, the Risk variable has the opposite effect on the LERNER index at the 5% significance level, the Size variable positively affects the bank's competitiveness at the 10% significance level, in addition to the Macro as annual GDP has a negative relationship with bank competitiveness CHAPTER 1: INTRODUCTION It can be seen that competition is inevitable, especially in the financialmonetary sector or more precisely the mutual competition of commercial banks A commercial bank's business represents the competitiveness of that commercial bank, but to promote this competitiveness, the bank is also influenced by many factors Therefore, in order to improve the competitiveness of commercial banks, determining the influencing factors plays a very important role and that is the main goal of this thesis Vietnam's commercial banking system has shifted to a model of operating under the market mechanism over the past 30 years, the factors related to the operation of the market are more or less lack of synchronization and competition of credit institutions on the market is not true (either too much interference, or loosened due to lack of effective intervention tools) Moreover, commercial banks themselves not have proper awareness about bank competition as well as lack of effective competitive tools and arts As a result, competition sometimes leads to weaken each other, causing confusion market disturbance, negatively impacting the general socio-economic situation Therefore, identifying and assessing the factors affecting the competition of commercial banks in Vietnam will help find a timely and effective solution for the above difficulties Chapter briefly outlines the necessity of the topic, the scientific basis of the research problem; clarify the research objectives and thereby giving research questions to answer research objectives; identification of research; Research methods and contributions of the reseach CHAPTER 2: THEORY OF RESEARCH This chapter presents the basic framework for bank competition as well as internal and external factors affecting competitiveness of banks.Identify measures of LERNER,by using research model of Simpasa, A M (2013); Fernandez de Guevara, J et al (2005); Delis (2012), the model used in this study : Ln( LI) = α0 + α1Ln( Riskit ) + α2Ln( Yit ) + α3Ln( ETAit ) + α4Ln( OIit ) + α5Ln( NIit ) + α6GDP + α INF + ε (7) It also briefly present an overview of previous studies on the relationship between competitiveness and internal and external factor both at Viet Nam and abroad.The determinants are divided into groups of Bank Characteristics which include Logarithm of total assets of bank (SIZE); Risk; OI (Other income on total assets), NI (Operating costs on total revenue ); ETA (Equity on total assets) and Macroeconomic which include inflation rate (INF); Growth rate of gross domestic product (GDP) This will serve as the basis for the study of hypotheses and research models CHAPTER 3:RESEARCH MODULE AND METHOD OF ESTIMATION In chapter 3, the author details the issues related to the research model and sets up research hypotheses In addition, the variables used in the model are well defined and described In this chapter, the author in turn presents the method of implementing the thesis from the construction of research models, data collection and data analysis methods and tests to find a suitable estimation model In the introduction of the model, the author has designed the model for the topic based on the theoretical basis presented in Chapter At the same time, the author also defined independent variables and dependent variables and clarified tissue Figure through the presentation of formulas, meanings and expectation tables of the above variables Since then, it is the basis for the implementation of the model and the thesis conclusion for the next chapter Besides, the author has introduced the data analysis method used to determine the results of specific regression models CHAPTER 4: RESULTS AND DISCUSSIONS On the basis of the model given in Chapter 4, the database and the methods and techniques for calculating index types by STATA software are clearly presented At the same time, Chapter provides clear and clear evidence of the level of competition between Vietnamese Joint Stock Commercial Banks in the period of 2006-2017 by measuring the level of market competition with Lerner index The results show that there is a similarity in the level of competition between banks and the Vietnamese banking market is imperfect competition The competition between Joint Stock Commercial Banks in Vietnam is quite fierce, in which the competition takes place more fiercely in the period of 2008-2013 It can be seen that after Vietnam joined WTO with commitments to open the financial market, the competition in Vietnam's banking market has been boosted However, the results also show that, in the past few years, the level of competition has shown signs of reducing heat CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS The thesis has partly assessed the level of competition between Vietnamese joint stock commercial banks in the period of 2006 - 2017 However, due to the limitation of knowledge as well as time, the thesis cannot consider all the weaknesses factors affecting the level of competition among banks On the other hand, the thesis has not yet achieved comprehensive representation for the whole system, due to the problem of data collection as well as the balance of the data table, the article excluded some banks enough data so the evaluation is also affected In addition to providing the development orientation of the commercial banking system in general and the orientation to improve the competitiveness of commercial banks in particular Chapter also provides some recommendations to promote the competition between commercial banks in business activities In particular, competition among banks is not about price but competition in quality and technology, so banks need to implement multiple solutions, especially human and technological factors At the same time, banks must also speed up the process of dealing with bad debts to ensure the health of the system At the end of chapter 5, the essay hopes to provide some useful recommendations that can contribute to promoting competition among commercial banks in the future This chapter closes the whole content of scientific research on the factors affecting the competitiveness of Commercial Banks in Vietnam LỜI CAM ĐOAN Tôi xin cam đoan luận văn “Yếu tố ảnh hƣởng đến khả cạnh tranh Ngân hàng Thƣơng mại Việt Nam” cơng trình nghiên cứu riêng tơi đƣợc hƣớng dẫn Th.S Đặng Trí Dũng Các nội dung nghiên cứu, số liệu, kết luận văn trung thực, có nguồn gốc rõ ràng đƣợc thu thập từ nhiều nguồn khác có ghi phần tài liệu tham khảo Tp.Hồ Chí Minh, tháng 12 năm 2018 Tác giả Nguyễn Thị Diệu Huyền LỜI CẢM ƠN Trong trình sinh viên thực đề tài luận văn tốt nghiệp “Yếu tố ảnh hƣởng đến khả cạnh tranh Ngân hàng Thƣơng mại Việt Nam” sinh viên nhận đƣợc giúp đỡ nhiều từ gia đình, thầy bạn khóa Đặc biệt, sinh viên xin bày tỏ lòng biết ơn sâu sắc đến Th.S Đặng Trí Dũng tận tình giảng dạy, hƣớng dẫn trang bị cho sinh viên kiến thức quý báu để giúp đỡ sinh viên hoàn thành nghiên cứu ... xác định yếu tố ảnh hƣởng đến khả cạnh tranh NHTM Việt Nam Từ đánh giá mức độ ảnh hƣởng yếu tố đến khả cạnh tranh NHTM Khả cạnh tranh đƣợc đo lƣờng số Lerner Các yếu tố tác động đến khả cạnh... khả cạnh tranh yếu tố ảnh hƣởng tới khả cạnh tranh NHTM 1.5Phạm vi nghiên cứu: Các yếu tố ảnh hƣởng đến tính cạnh tranh NHTM Việt Nam Dữ liệu đƣợc thu nhập thông qua số liệu báo cáo 32 NHTM Việt. .. tối thiểu điều 16 Thông qua đề tài ? ?Yếu tố ảnh hưởng đến khả cạnh tranh ngân hàng thương mại Việt Nam? ?? nhằm phân tích yếu tố tác động đến cạnh tranh NHTM Việt Nam Thông qua đƣa gợi ý nhằm hạn chế