STATE BANK OF VIETNAM MINISTRY OF EDUCATION & TRAINING HO CHI MINH UNIVERSITY OF BANKING TRUONG THANH NGUYEN THE IMPACT OF CREDIT AND LIQUIDITY RISK ON FINANCIAL STABILITY AT VIETNAMESE COMMERCIAL BANKS GRADUATION THESIS THE MAJOR: FINANCE – BANKING CODE: 34 02 01 HO CHI MINH CITY, YEAR 2022 STATE BANK OF VIETNAM MINISTRY OF EDUCATION & TRAINING HO CHI MINH UNIVERSITY OF BANKING STUDENT: TRUONG THANH NGUYEN STUDENT ID: 050606180265 CLASS: HQ6-GE10 THE IMPACT OF CREDIT AND LIQUIDITY RISK ON FINANCIAL STABILITY AT VIETNAMESE COMMERCIAL BANKS GRADUATION THESIS THE MAJOR: FINANCE – BANKING CODE: 34 02 01 SUPERVISOR Dr LE HA DIEM CHI HO CHI MINH CITY, YEAR 2022 i ABSTRACT The thesis " the impact of the credit risk and liquidity risk on financial bank stability of Vietnamese commercial banks in 2011 – 2021" including non-performing loans ratio (NPLR ); Loan to total assets ratio (TLA); Loan loss provision ( LLP ); Leverage (LEV); Loan to total deposit ratio (LDR); Size of the bank (SIZE); Return on equity (ROE); Capital adequacy ratio (CAP); Growth Revenue (IGR); Economic growth rate (GDP) and Inflation rate (INF) The research topic applies Pooled-OLS, FEM, and REM models However, the results show that the research model encounters autocorrelation and variable variance, so the author continues applying the model FGLS model to overcome the research model Then, the author applies the GMM model to test the endogenous phenomenon occurring in the research model and receives high-accuracy research results Hence, the author receives the analysis results from the GMM model as the final result Research on the impact of credit and liquidity risk on financial stability at Vietnamese commercial banks for 2011-2021, in which the group of internal factors that harm the bank's stability is NPLR, ROE, CAP, and LEV The factors LDR, TLA, and LLP, have a positive impact on the financial stability of the bank The remaining variables are not statistically significant in the model not statistically significant in the model ii COMMITMENT I hereby declare that the thesis " the impact of credit and liquidity risk on financial stability at vietnamese commercial banks" is the author's research work, and the research results received are truthful The information, data, and content cited are collected by the author from many different sources, have high reliability, and are cited in the reference section Ho Chi Minh City, 2022 Author Truong Thanh Nguyen iii ACKNOWLEDGMENT First of all, I would like to thank the teachers who are lecturers at Banking University of Ho Chi Minh City, the school's Board of Directors for creating favorable conditions for teaching and guiding me with a lot of knowledge about banking and teaching taught both soft skills and moral training during my time here I would like to thank and send kind words to the person who guided me in the process of completing the thesis - Dr Le Ha Diem Chi, who oriented, guided, helped and encouraged me throughout the process of completing the thesis into a research thesis Finally, I would like to express my gratitude to my family and friends around for helping and encouraging me when I faced difficulties in the process of completing my thesis, and at the same time, I would like to sincerely thank my colleagues in the organization my authority They gave me a lot of practical knowledge while working here iv TABLE OF CONTENTS ABSTRACT i COMMITMENT ii ACKNOWLEDGMENT iii LIST OF ACRONYMS vii LIST OF TABLES viii LIST OF GRAPHICS ix CHAPTER INTRODUCTION TO THE RESEARCH TOPIC 1.1 Reason for Research .1 1.2 Objective of study 1.2.1 General objective 1.2.2 Specific objective 1.3 Research question 1.4 Subject and scope of the study .2 1.4.1 Subject of the study 1.4.2 Scope of the study 1.5 Contributions 1.6 Structure of reasearch .3 SUMMARY OF THE CHAPTER CHAPTER REVIEW OF THE LITERATURE 2.1 Overview of basic concept 2.1.1 The concept of credit risk v 2.1.2 The concept of liquidity risk 2.2 The relationship of credit risk and liquidity risk 2.3 An overview of previous studies SUMMARY OF THE CHAPTER 10 CHAPTER RESEARCH MODEL AND METHODOLOGY 11 3.1 Reasearch model 11 3.2 Mesurement of research variables .12 3.2.1 Z- Score ( Bank Stability Ratio) 12 3.2.2 LDR (Loan to deposit ratio) 12 3.2.3 NPLR (Non-Performing Loans Ratio) .12 3.2.4 IGR ( Revenue growth rate) .12 3.2.5 SIZE (Bank size) 13 3.2.6 ROE (Return on equity) .13 3.2.7 TLA ( Total Loan to Asset ) 13 3.2.8 CAP ( Capital adequacy ratio) 13 3.2.9 LLP ( Loan loss provisions) 13 3.2.10 LEV (Leverage ) 14 3.2.11 INF (Inflation) .14 3.2.12 GDP (Economic growth) 14 3.3 Research hypothesis 14 3.4 Research data and research method 18 3.4.1 Research data 18 3.4.2 Research Methods 18 vi SUMMARY OF THE CHAPTER 21 CHAPTER 4: RESEARCH RESULTS AND DISSCUSSION 22 4.1 Descriptive statistical analysis 22 4.2 Correlation Matrix 24 4.3 Estimating the regression model and testing the regression hypotheses 26 4.3.2 Compare the FEM model and the REM model 29 4.3.3 Check for multicollinearity 29 4.3.4 Check for autocorrelation 30 4.4 Overcoming the research model and GMM regression model method 32 4.5 Summarize and discuss research result 34 SUMMARY OF THE CHAPTER 42 CHAPTER CONCLUSION AND RECOMMENDATION 43 5.1 Conclusion of the result obtain from the research 43 5.2 Recommendation on financial stability of bank 43 5.2.1 Solutions to increase business efficiency .43 5.2.2.Credit growth solutions .44 5.2.3 Solutions to ensure capital safety 45 5.3 Limitations of the topic 45 5.4 Further research directions 46 SUMMARY OF THE CHAPTER 46 REFERENCES 47 APPENDIX 51 vii LIST OF ACRONYMS No Acronym Meaning OLS Pooled OLS regression model FEM Fixed Effects Model REM Random Effect Model FGLS Feasible generalized least squares model GMM Generalized Method of Moments viii LIST OF TABLES Table Statistics of expected signs of variables in the model 17 Table Statistics of variables used in the research model 22 Table Correlation Matrix 25 Table Result of Pooldes – OLS Model 27 Table 4 Result of Fixed Effects Model 28 Table Result of the Hausman test 29 Table Results of multicollinearity test .30 Table Wooldridge test results 31 Table Breusch and Pagan Lagrangian test result .31 Table GMM test result .32 Table 10 Synthesize the results from the model analysis using STATA software .34 61 135.94 - 0.007 ABB 2015 ABB 2016 73.480 0.098 0.529 7.870 0.042 0.079 0.063 6.711 0.761 0.025 0.062 0.027 ABB 2017 32.835 0.201 0.558 7.927 0.080 0.072 0.057 7.705 0.814 0.028 0.068 0.035 ABB 2018 36.072 0.016 0.573 7.954 0.104 0.076 0.046 7.503 0.828 0.019 0.071 0.035 ABB 2019 41.040 0.191 0.547 8.011 0.128 0.076 0.053 7.149 0.806 0.023 0.070 0.028 ABB 2020 71.243 0.024 0.538 8.066 0.125 0.077 0.046 7.023 0.863 0.023 0.029 0.032 ABB 2021 67.899 ACB 2011 29.315 0.702 0.362 8.449 0.268 0.043 0.068 8.514 0.716 0.009 0.062 0.187 ACB 2012 13.755 ACB 2013 15.116 ACB 2014 70.628 ACB 2015 ACB 2016 ACB 2017 44.595 0.235 0.692 8.454 0.132 0.056 0.056 12.268 0.815 0.007 0.068 0.035 ACB 2018 14.272 0.182 0.692 8.518 0.244 0.064 0.050 10.847 0.844 0.007 0.071 0.035 ACB 2019 17.925 0.179 0.694 8.584 0.216 0.072 0.047 9.586 0.864 0.005 0.070 0.028 ACB 2020 94.591 0.125 0.694 8.648 0.217 0.080 0.050 8.704 0.874 0.006 0.029 0.032 ACB 2021 70.992 0.058 0.675 8.722 0.214 0.085 0.063 7.930 0.937 0.008 0.026 0.018 BAB 2012 14.548 0.205 0.654 7.528 0.011 0.093 0.037 7.009 0.760 0.057 0.052 0.091 188.40 176.77 0.033 0.125 0.317 0.099 0.474 7.809 0.016 0.090 0.076 5.273 0.642 0.021 0.067 0.006 0.564 8.083 0.133 0.097 0.056 5.812 1.005 0.023 0.026 0.018 0.575 8.246 0.062 0.072 0.073 8.025 0.809 0.025 0.052 0.091 0.634 8.222 0.066 0.075 0.050 8.449 0.765 0.030 0.054 0.066 0.639 8.254 0.077 0.069 0.050 9.256 0.742 0.022 0.060 0.041 0.028 0.664 8.304 0.080 0.063 0.051 10.464 0.765 0.013 0.067 0.006 0.168 0.692 8.369 0.094 0.060 0.050 11.492 0.781 0.011 0.062 0.027 62 BAB 2013 13.002 0.040 0.581 7.702 0.058 0.066 0.055 8.830 0.690 0.023 0.054 0.066 BAB 2014 36.468 BAB 2015 96.101 0.037 0.650 7.803 0.072 0.079 0.030 8.235 0.780 0.007 0.067 0.006 BAB 2016 79.951 0.190 0.628 7.880 0.086 0.076 0.029 8.207 0.806 0.008 0.062 0.027 BAB 2017 BAB 2020 64.766 0.099 0.671 8.069 0.070 0.071 0.029 9.400 0.909 0.004 0.029 0.032 BAB 2021 76.946 BID 2011 43.985 0.496 0.710 8.608 0.130 0.061 0.060 11.712 1.198 0.030 0.062 0.187 BID 2012 21.804 BID 2013 49.780 0.407 0.702 8.739 0.125 0.059 0.053 11.919 1.136 0.024 0.054 0.066 BID 2014 44.395 0.025 0.675 8.813 0.148 0.052 0.054 13.065 0.997 0.020 0.060 0.041 BID 2015 BID 2016 50.188 0.277 0.709 9.003 0.141 0.044 0.046 16.166 0.983 0.020 0.062 0.027 BID 2017 39.757 0.256 0.712 9.080 0.142 0.041 0.054 17.519 0.995 0.016 0.068 0.035 BID 2018 BID 2019 BVB 2012 26.261 0.525 0.373 7.315 0.063 0.158 0.066 2.359 0.748 0.019 0.052 0.091 BVB 2013 17.068 151.27 172.13 140.75 391.92 0.085 0.631 7.757 0.066 0.072 0.037 8.754 0.779 0.022 0.060 0.041 0.208 0.598 7.963 0.095 0.069 0.036 8.608 0.865 0.006 0.068 0.035 0.037 0.315 0.697 8.078 0.080 0.076 0.028 9.230 0.894 0.008 0.026 0.018 0.689 8.686 0.096 0.055 0.038 12.508 1.102 0.029 0.052 0.091 0.114 0.695 8.930 0.151 0.050 0.042 13.958 1.047 0.017 0.067 0.006 0.146 0.744 9.118 0.138 0.042 0.055 17.897 0.987 0.019 0.071 0.035 0.118 0.740 9.173 0.110 0.052 0.051 14.196 0.989 0.017 0.070 0.028 0.216 0.430 7.363 0.032 0.140 0.054 3.079 0.823 0.041 0.054 0.066 63 - BVB 2014 43.077 BVB 2015 49.182 0.026 0.542 7.463 0.016 0.114 0.031 4.751 0.845 0.012 0.067 0.006 BVB 2016 30.352 0.147 0.643 7.510 0.001 0.102 0.030 6.287 0.846 0.013 0.062 0.027 BVB 2017 91.842 0.258 0.621 7.601 0.010 0.084 0.031 7.412 0.917 0.018 0.068 0.035 BVB 2018 72.524 0.247 0.630 7.668 0.027 0.074 0.032 8.537 0.876 0.021 0.071 0.035 BVB 2019 86.984 0.216 0.647 7.714 0.034 0.072 0.031 8.981 0.952 0.025 0.070 0.028 BVB 2020 BVB 2021 BaoVietB ank BaoVietB ank BaoVietB ank BaoVietB ank BaoVietB ank BaoVietB ank BaoVietB ank BaoVietB ank 2013 2014 212.92 118.79 0.026 0.138 0.643 7.786 0.041 0.064 0.037 10.092 0.949 0.028 0.029 0.032 0.061 0.597 7.884 0.054 0.061 0.040 9.849 1.010 0.025 0.026 0.018 209.67 - 0.227 131.08 0.498 7.411 0.049 0.129 0.044 3.878 0.875 0.022 0.060 0.041 0.468 7.225 0.033 0.190 0.076 2.468 0.913 0.041 0.054 0.066 0.380 0.402 7.383 0.031 0.138 0.046 2.905 0.782 0.022 0.060 0.041 2015 57.801 0.115 0.416 7.487 0.026 0.109 0.046 3.802 0.845 0.012 0.067 0.006 2016 84.787 0.111 0.439 7.535 0.028 0.099 0.055 4.447 0.731 0.013 0.062 0.027 2017 247.39 0.365 0.438 7.689 0.042 0.072 0.060 6.120 0.890 0.018 0.068 0.035 2018 63.948 0.027 0.455 7.747 0.023 0.062 0.038 7.314 0.941 0.021 0.071 0.035 2019 53.366 0.193 0.406 7.777 0.023 0.060 0.045 6.825 0.831 0.025 0.070 0.028 2020 213.96 - 0.065 0.383 7.772 0.016 0.061 0.032 6.279 0.671 0.028 0.029 0.032 64 BaoVietB ank 2021 211.09 - 0.021 0.382 7.816 0.018 0.056 0.065 6.807 0.674 0.025 0.026 0.018 CTG 2011 16.562 0.658 0.630 8.663 0.218 0.062 0.140 10.119 1.129 0.008 0.062 0.187 CTG 2012 40.345 CTG 2013 48.142 CTG 2014 52.200 CTG 2015 56.634 0.072 0.684 8.892 0.102 0.072 0.053 9.509 1.082 0.009 0.067 0.006 CTG 2016 89.803 0.184 0.691 8.977 0.112 0.064 0.054 10.870 1.000 0.011 0.062 0.027 CTG 2017 CTG 2018 38.687 CTG 2019 42.820 0.474 0.743 9.094 0.123 0.062 0.068 11.923 1.033 0.012 0.070 0.028 CTG 2020 25.569 0.072 0.748 9.128 0.161 0.064 0.060 11.741 1.013 0.009 0.029 0.032 CTG 2021 50.763 1.378 0.721 9.185 0.152 0.061 0.054 11.798 0.951 0.013 0.026 0.018 EIB 2011 EIB 2012 26.607 EIB 2013 11.691 EIB 2014 14.539 EIB 2015 51.276 0.004 0.672 8.096 0.003 0.105 0.058 6.382 0.852 0.019 0.067 0.006 192.19 149.75 0.081 0.008 0.038 0.655 8.702 0.182 0.067 0.111 9.742 1.140 0.015 0.052 0.091 0.647 8.761 0.107 0.094 0.081 6.871 1.023 0.010 0.054 0.066 0.659 8.820 0.104 0.084 0.063 7.884 1.027 0.011 0.060 0.041 0.214 0.714 9.039 0.117 0.058 0.059 12.270 1.039 0.011 0.068 0.035 0.168 0.732 9.066 0.080 0.058 0.070 12.629 1.032 0.016 0.071 0.035 1.326 0.403 8.264 0.186 0.089 0.075 4.542 1.380 0.016 0.062 0.187 0.035 0.356 0.214 0.437 8.231 0.135 0.093 0.069 4.700 1.055 0.013 0.052 0.091 0.487 8.230 0.045 0.086 0.037 5.630 1.040 0.020 0.054 0.066 0.535 8.207 0.004 0.087 0.041 6.122 0.850 0.025 0.060 0.041 65 - EIB 2016 87.001 EIB 2017 35.628 0.077 0.671 8.174 0.058 0.095 0.033 7.036 0.853 0.023 0.068 0.035 EIB 2018 58.420 0.110 0.675 8.184 0.044 0.097 0.038 6.918 0.868 0.018 0.071 0.035 EIB 2019 EIB 2020 EIB 2021 HDB 2011 49.234 1.270 0.304 7.653 0.120 0.079 0.102 3.864 0.718 0.021 0.062 0.187 HDB 2012 49.949 HDB 2014 54.409 0.289 0.417 7.998 0.052 0.092 0.050 4.512 0.635 0.020 0.060 0.041 HDB 2015 64.033 0.258 0.525 8.027 0.064 0.092 0.075 5.675 0.781 0.016 0.067 0.006 HDB 2016 73.709 0.429 0.541 8.177 0.092 0.066 0.070 8.177 0.787 0.015 0.062 0.027 HDB 2017 31.203 0.293 0.546 8.277 0.132 0.078 0.072 7.002 0.857 0.015 0.068 0.035 HDB 2018 21.606 0.148 0.564 8.335 0.190 0.078 0.071 7.237 0.951 0.015 0.071 0.035 HDB 2019 32.175 0.168 0.631 8.361 0.197 0.089 0.076 7.100 1.148 0.014 0.070 0.028 HDB 2020 66.680 0.179 0.553 8.504 0.188 0.077 0.078 7.140 1.010 0.013 0.029 0.032 HDB 2021 74.348 0.131 0.536 8.574 0.210 0.082 0.081 6.520 1.095 0.017 0.026 0.018 KLB 2011 50.305 0.757 0.466 7.252 0.114 0.194 0.110 2.404 1.021 0.028 0.062 0.187 KLB 2012 54.028 0.157 0.514 7.269 0.102 0.185 0.121 2.770 0.897 0.029 0.052 0.091 KLB 2013 34.436 126.51 0.034 0.666 8.110 0.023 0.104 0.049 6.382 0.839 0.029 0.062 0.027 0.138 0.670 8.224 0.055 0.094 0.035 7.123 0.805 0.017 0.070 0.028 104.74 - 0.043 207.27 - 0.068 0.027 0.122 0.620 8.205 0.064 0.105 0.040 5.915 0.743 0.025 0.029 0.032 0.683 8.220 0.054 0.107 0.040 6.371 0.825 0.020 0.026 0.018 0.397 7.722 0.061 0.102 0.055 3.885 0.612 0.024 0.052 0.091 0.562 7.330 0.090 0.163 0.093 3.454 0.902 0.025 0.054 0.066 66 - KLB 2014 26.432 KLB 2015 28.961 0.007 0.635 7.404 0.049 0.133 0.055 4.767 0.801 0.011 0.067 0.006 KLB 2016 62.701 0.087 0.644 7.484 0.036 0.110 0.045 5.826 0.856 0.011 0.062 0.027 KLB 2017 80.173 0.268 0.655 7.572 0.057 0.095 0.045 6.889 0.937 0.008 0.068 0.035 KLB 2018 KLB 2019 29.511 0.229 0.649 7.708 0.018 0.074 0.033 8.751 1.008 0.010 0.070 0.028 KLB 2020 30.482 0.009 0.601 7.758 0.032 0.068 0.028 8.785 0.819 0.054 0.029 0.032 KLB 2021 12.762 0.386 0.454 7.923 0.165 0.056 0.053 8.125 0.740 0.019 0.026 0.018 LPB 2011 11.926 1.086 0.225 7.749 0.148 0.117 0.169 1.917 0.493 0.021 0.062 0.187 LPB 2012 20.892 0.221 0.340 7.822 0.117 0.111 0.122 3.056 0.546 0.027 0.052 0.091 LPB 2013 14.520 LPB 2014 16.945 0.001 0.405 8.003 0.063 0.073 0.062 5.522 0.524 0.012 0.060 0.041 LPB 2015 33.473 0.131 0.516 8.032 0.046 0.071 0.061 7.298 0.715 0.009 0.067 0.006 LPB 2016 25.674 0.278 0.555 8.152 0.128 0.059 0.057 9.446 0.709 0.011 0.062 0.027 LPB 2017 21.300 0.292 0.608 8.213 0.146 0.057 0.058 10.592 0.775 0.011 0.068 0.035 LPB 2018 35.789 0.204 0.672 8.243 0.094 0.058 0.048 11.539 0.942 0.014 0.071 0.035 LPB 2019 39.776 0.173 0.687 8.305 0.127 0.062 0.047 11.034 1.014 0.014 0.070 0.028 LPB 2020 41.932 0.099 0.719 8.384 0.131 0.059 0.043 12.251 0.999 0.014 0.029 0.032 MBB 2011 38.727 0.635 0.417 8.142 0.186 0.074 0.103 5.628 0.647 0.016 0.062 0.187 MBB 2012 35.423 0.077 0.417 8.245 0.171 0.077 0.092 5.408 0.621 0.019 0.052 0.091 MBB 2013 74.669 105.35 0.123 0.580 7.364 0.052 0.146 0.065 3.980 0.808 0.020 0.060 0.041 0.090 0.691 7.626 0.062 0.089 0.035 7.791 1.000 0.009 0.071 0.035 0.029 0.128 0.364 7.901 0.078 0.091 0.089 3.982 0.521 0.025 0.054 0.066 0.477 8.256 0.146 0.087 0.093 5.474 0.632 0.025 0.054 0.066 67 - MBB 2014 95.836 MBB 2015 MBB 2016 MBB 2018 31.739 0.249 0.584 8.559 0.181 0.094 0.083 6.188 0.881 0.013 0.071 0.035 MBB 2019 26.629 0.257 0.601 8.614 0.202 0.097 0.093 6.196 0.906 0.012 0.070 0.028 MBB 2020 79.492 0.050 0.594 8.695 0.172 0.101 0.090 5.867 0.945 0.011 0.029 0.032 MSB 2011 19.545 0.707 0.327 8.058 0.084 0.083 0.045 3.936 0.600 0.023 0.062 0.187 MSB 2012 15.528 MSB 2013 34.989 MSB 2014 MSB 2015 MSB 2018 32.923 0.227 0.347 8.139 0.063 0.100 0.076 3.456 0.752 0.030 0.071 0.035 MSB 2019 30.269 0.144 0.399 8.196 0.070 0.095 0.064 4.219 0.775 0.020 0.070 0.028 MSB 2020 36.631 0.166 0.444 8.247 0.119 0.096 0.075 4.652 0.897 0.020 0.029 0.032 NAB 2011 48.686 0.719 0.325 7.280 0.073 0.173 0.068 1.876 0.961 0.028 0.062 0.187 NAB 2012 97.802 0.107 0.423 7.204 0.055 0.205 0.078 2.069 0.777 0.027 0.052 0.091 NAB 2013 28.443 NAB 2014 36.398 0.505 0.442 7.572 0.056 0.089 0.046 4.946 0.811 0.015 0.060 0.041 183.11 174.26 107.94 125.35 0.023 0.489 8.302 0.146 0.086 0.087 5.721 0.585 0.028 0.060 0.041 0.030 0.540 8.344 0.108 0.105 0.079 5.149 0.657 0.016 0.067 0.006 0.149 0.580 8.409 0.108 0.104 0.067 5.592 0.763 0.013 0.062 0.027 0.153 0.263 0.256 8.041 0.025 0.083 0.089 3.102 0.473 0.026 0.052 0.091 0.249 8.030 0.035 0.088 0.073 2.834 0.407 0.027 0.054 0.066 0.040 0.220 8.019 0.015 0.091 0.083 2.431 0.363 0.052 0.060 0.041 0.006 0.264 8.018 0.009 0.131 0.077 2.019 0.439 0.034 0.067 0.006 0.225 0.399 7.459 0.041 0.113 0.042 3.527 0.840 0.015 0.054 0.066 68 298.70 NAB 2015 NAB 2016 30.012 0.236 0.552 7.632 0.010 0.080 0.069 6.889 0.694 0.029 0.062 0.027 NAB 2017 29.076 0.227 0.652 7.736 0.065 0.067 0.048 9.681 0.891 0.019 0.068 0.035 NAB 2018 15.794 0.332 0.667 7.875 0.140 0.056 0.036 11.830 0.924 0.010 0.071 0.035 NAB 2019 26.528 0.357 0.705 7.976 0.148 0.052 0.033 13.457 0.944 0.020 0.070 0.028 NAB 2020 50.421 0.275 0.658 8.128 0.121 0.049 0.036 13.384 0.899 0.008 0.029 0.032 NVB 2011 NVB 2012 32.506 NVB 2013 25.874 NVB 2014 NVB 2015 NVB 2017 NVB 2018 NVB 2019 NVB 2020 NVB 2021 157.74 265.90 216.41 536.14 282.42 410.83 153.67 0.092 0.583 7.550 0.057 0.096 0.059 6.054 0.848 0.009 0.067 0.006 0.569 0.567 7.352 0.052 0.143 0.063 3.966 0.861 0.029 0.062 0.187 0.030 0.178 0.587 7.334 0.001 0.148 0.065 3.977 1.032 0.056 0.052 0.091 0.456 7.464 0.006 0.110 0.047 4.141 0.722 0.061 0.054 0.066 0.145 0.446 7.566 0.003 0.087 0.040 5.120 0.673 0.025 0.060 0.041 0.121 0.419 7.683 0.002 0.067 0.043 6.285 0.594 0.021 0.067 0.006 0.246 0.442 7.856 0.007 0.045 0.043 9.866 0.694 0.015 0.068 0.035 0.068 0.487 7.860 0.011 0.045 0.032 10.914 0.748 0.017 0.071 0.035 0.117 0.466 7.905 0.010 0.054 0.040 8.704 0.634 0.019 0.070 0.028 0.126 0.445 7.952 0.000 0.048 0.057 9.349 0.553 0.018 0.029 0.032 177.29 - 0.070 0.555 7.868 0.000 0.058 0.037 9.597 0.634 0.038 0.026 0.018 69 OCB 2011 54.949 0.859 0.538 7.405 0.081 0.148 0.071 3.644 1.396 0.030 0.062 0.187 OCB 2012 29.252 OCB 2013 43.829 OCB 2014 82.017 OCB 2015 54.694 0.224 0.555 7.694 0.050 0.085 0.062 6.497 0.930 0.019 0.067 0.006 OCB 2016 75.449 0.303 0.598 7.805 0.082 0.074 0.052 8.095 0.886 0.018 0.062 0.027 OCB 2017 26.155 0.389 0.567 7.926 0.133 0.073 0.056 7.782 0.898 0.018 0.068 0.035 OCB 2018 17.159 0.364 0.558 8.000 0.200 0.088 0.079 6.337 0.924 0.023 0.071 0.035 OCB 2019 18.901 0.259 0.596 8.072 0.224 0.097 0.072 6.115 1.018 0.018 0.070 0.028 OCB 2020 39.584 0.120 0.579 8.183 0.203 0.114 0.071 5.064 1.013 0.017 0.029 0.032 OCB 2021 PGB 2011 34.894 0.921 0.678 7.245 0.172 0.147 0.102 4.604 1.092 0.021 0.062 0.187 PGB 2012 25.938 PGB 2013 10.641 PGB 2014 23.260 PGB 2015 68.402 PGB 2016 73.134 0.055 0.699 7.395 0.035 0.141 0.052 4.966 0.949 0.025 0.062 0.027 PGB 2017 70.886 0.250 0.723 7.467 0.018 0.122 0.059 5.953 0.926 0.032 0.068 0.035 103.13 0.028 0.102 0.073 0.617 7.438 0.060 0.139 0.085 4.432 1.108 0.028 0.052 0.091 0.609 7.516 0.061 0.121 0.078 5.038 1.045 0.029 0.054 0.066 0.541 7.592 0.055 0.103 0.065 5.267 0.885 0.030 0.060 0.041 0.086 0.547 8.266 0.202 0.118 0.067 4.629 1.022 0.013 0.026 0.018 0.199 0.285 0.021 0.105 0.699 7.285 0.075 0.166 0.090 4.217 1.092 0.084 0.052 0.091 0.550 7.396 0.012 0.129 0.052 4.262 0.987 0.030 0.054 0.066 0.556 7.411 0.039 0.130 0.053 4.292 0.796 0.025 0.060 0.041 0.636 7.392 0.012 0.137 0.055 4.656 0.931 0.028 0.067 0.006 70 PGB 2020 85.609 0.050 0.704 7.558 0.043 0.109 0.047 6.476 0.886 0.032 0.029 0.032 SGB 2011 10.907 0.529 0.712 7.187 0.092 0.215 0.095 3.312 1.226 0.047 0.062 0.187 SGB 2012 12.268 SGB 2013 54.723 SGB 2014 49.130 SGB 2015 35.211 SGB 2016 40.081 0.043 0.632 7.294 0.040 0.179 0.061 3.537 0.841 0.026 0.062 0.027 SGB 2017 55.562 0.097 0.638 7.341 0.016 0.156 0.067 4.094 0.905 0.030 0.068 0.035 SGB 2018 54.539 0.013 0.646 7.322 0.012 0.164 0.074 3.948 0.887 0.022 0.071 0.035 SGB 2019 62.635 0.077 0.617 7.370 0.041 0.152 0.064 4.056 0.887 0.019 0.070 0.028 SGB 2020 64.495 SGB 2021 SHB 2011 59.715 1.082 0.406 7.851 0.129 0.082 0.069 4.940 0.828 0.022 0.062 0.187 SHB 2012 11.655 0.279 0.478 8.066 0.177 0.082 0.044 5.857 0.718 0.088 0.052 0.091 SHB 2013 13.060 SHB 2014 20.592 0.124 0.610 8.228 0.075 0.062 0.032 9.830 0.836 0.020 0.060 0.041 SHB 2015 51.295 0.163 0.635 8.311 0.071 0.055 0.035 11.548 0.874 0.017 0.067 0.006 SHB 2016 0.112 0.243 0.152 0.057 0.041 103.00 - 0.025 123.32 0.078 0.724 7.172 0.084 0.238 0.116 3.038 1.029 0.029 0.052 0.091 0.691 7.184 0.049 0.229 0.079 3.019 0.926 0.022 0.054 0.066 0.678 7.216 0.052 0.212 0.082 3.196 0.895 0.021 0.060 0.041 0.627 7.264 0.013 0.185 0.077 3.398 0.838 0.019 0.067 0.006 0.624 7.390 0.027 0.147 0.049 4.234 0.814 0.014 0.029 0.032 0.664 7.391 0.040 0.125 0.046 5.304 0.902 0.020 0.026 0.018 0.524 8.157 0.082 0.072 0.034 7.272 0.830 0.041 0.054 0.066 0.215 0.686 8.369 0.069 0.057 0.034 12.136 0.964 0.019 0.062 0.027 71 SHB 2017 57.924 0.251 0.683 8.456 0.105 0.051 0.033 13.303 1.003 0.023 0.068 0.035 SHB 2018 61.159 0.243 0.662 8.510 0.102 0.051 0.033 13.102 0.950 0.024 0.071 0.035 SHB 2019 72.925 0.223 0.717 8.563 0.131 0.051 0.039 14.158 1.011 0.019 0.070 0.028 SHB 2020 80.318 0.130 0.741 8.616 0.108 0.058 0.048 12.716 1.007 0.018 0.029 0.032 SHB 2021 34.674 0.138 0.715 8.705 0.141 0.070 0.064 10.200 1.108 0.017 0.026 0.018 SSB 2012 SSB 2013 98.396 SSB 2014 81.366 SSB 2015 94.798 0.040 0.501 7.928 0.016 0.068 0.029 7.395 0.744 0.014 0.067 0.006 SSB 2016 SSB 2017 48.104 0.199 0.559 8.097 0.048 0.049 0.036 11.390 0.874 0.010 0.068 0.035 SSB 2018 39.869 0.175 0.590 8.148 0.060 0.059 0.035 10.037 0.984 0.015 0.071 0.035 SSB 2019 34.252 0.179 0.617 8.198 0.105 0.069 0.048 8.901 1.018 0.023 0.070 0.028 SSB 2020 45.398 0.048 0.596 8.257 0.107 0.077 0.035 7.791 0.950 0.660 0.029 0.032 SSB 2021 31.398 0.104 0.594 8.326 0.140 0.088 0.028 6.741 1.146 0.678 0.026 0.018 STB 2011 37.737 0.514 0.554 8.147 0.143 0.102 0.076 5.460 1.038 0.006 0.062 0.187 STB 2012 22.050 STB 2013 28.928 STB 2014 27.562 8.928 0.133 0.216 7.875 0.009 0.074 0.081 2.908 0.516 0.030 0.052 0.091 515.45 0.430 0.133 0.256 7.902 0.026 0.072 0.046 3.566 0.564 0.028 0.054 0.066 0.394 7.904 0.015 0.071 0.029 5.556 0.701 0.016 0.060 0.041 0.418 0.565 8.014 0.020 0.057 0.043 9.993 0.810 0.017 0.062 0.027 0.056 0.034 0.067 0.613 8.180 0.074 0.089 0.082 6.908 0.865 0.020 0.052 0.091 0.665 8.205 0.127 0.104 0.064 6.378 0.811 0.015 0.054 0.066 0.653 8.276 0.128 0.094 0.059 6.924 0.758 0.012 0.060 0.041 72 STB 2015 12.397 0.046 0.614 8.463 0.025 0.075 0.048 8.236 0.688 0.058 0.067 0.006 STB 2016 10.196 0.124 0.580 8.517 0.004 0.066 0.023 8.770 0.659 0.069 0.062 0.027 STB 2017 41.416 0.880 0.588 8.561 0.053 0.064 0.037 9.217 0.676 0.047 0.068 0.035 STB 2018 29.514 STB 2019 49.741 STB 2020 STB 2021 TCB 2011 32.310 0.824 0.351 8.251 0.257 0.068 0.091 5.166 0.690 0.028 0.062 0.187 TCB 2012 TCB 2013 10.458 TCB 2014 64.401 TCB 2015 40.437 0.034 0.574 8.284 0.067 0.082 0.098 7.045 0.771 0.017 0.067 0.006 TCB 2016 21.423 0.177 0.601 8.371 0.149 0.078 0.084 7.672 0.810 0.016 0.062 0.027 TCB 2017 13.622 0.118 0.592 8.429 0.227 0.093 0.079 6.366 0.927 0.016 0.068 0.035 TCB 2018 25.039 0.202 0.494 8.503 0.162 0.155 0.082 3.196 0.777 0.018 0.071 0.035 TCB 2019 94.311 0.183 0.600 8.579 0.150 0.153 0.067 3.932 0.978 0.013 0.070 0.028 TCB 2020 TCB 2021 54.101 0.224 0.604 8.755 0.198 0.164 0.085 3.693 1.092 0.007 0.026 0.018 101.89 0.093 0.020 - 0.096 322.93 0.571 8.698 0.091 0.052 0.036 10.875 0.719 0.019 0.070 0.028 0.100 0.672 8.687 0.086 0.058 0.036 11.578 0.775 0.017 0.029 0.032 126.19 9.686 0.614 8.604 0.067 0.061 0.038 10.013 0.713 0.021 0.071 0.035 0.117 0.246 0.026 0.731 8.717 0.100 0.066 0.041 11.121 0.891 0.015 0.026 0.018 0.377 8.250 0.076 0.074 0.102 5.124 0.597 0.027 0.052 0.091 0.439 8.197 0.041 0.087 0.085 5.070 0.573 0.037 0.054 0.066 0.450 8.246 0.072 0.083 0.101 5.407 0.599 0.024 0.060 0.041 0.159 0.626 8.643 0.140 0.170 0.078 3.690 0.986 0.005 0.029 0.032 73 - TPB 2012 5.738 TPB 2013 3.187 0.207 0.368 7.506 0.103 0.115 0.051 3.191 0.824 0.004 0.054 0.066 TPB 2014 18.022 0.399 0.382 7.712 0.126 0.082 0.050 4.636 0.908 0.010 0.060 0.041 TPB 2015 19.491 0.425 0.367 7.882 0.117 0.063 0.055 5.830 0.708 0.007 0.067 0.006 TPB 2016 16.479 0.558 0.437 8.024 0.110 0.049 0.052 8.973 0.839 0.007 0.062 0.027 TPB 2017 44.677 0.416 0.506 8.094 0.144 0.054 0.058 9.398 0.893 0.011 0.068 0.035 TPB 2018 23.272 0.280 0.560 8.134 0.170 0.078 0.064 7.183 1.002 0.011 0.071 0.035 TPB 2019 16.381 0.264 0.574 8.216 0.237 0.080 0.073 7.223 1.022 0.013 0.070 0.028 TPB 2020 28.649 0.251 0.572 8.315 0.210 0.081 0.080 7.052 1.019 0.012 0.029 0.032 TPB 2021 VAB 2012 46.916 VAB 2013 32.402 VAB 2014 35.278 0.022 0.439 7.551 0.013 0.102 0.030 4.300 0.790 0.023 0.060 0.066 VAB 2015 VAB 2016 VAB 2017 VAB 2018 VAB 2019 90.927 0.159 0.551 7.883 0.047 0.058 0.033 9.491 0.889 0.012 0.070 0.035 122.86 227.47 219.90 236.03 344.75 0.398 0.396 7.180 0.035 0.220 0.046 1.805 0.646 0.037 0.052 0.091 0.175 0.476 8.467 0.186 0.089 0.092 5.367 0.999 0.008 0.026 0.018 0.215 0.114 0.516 7.391 0.046 0.144 0.026 3.593 0.846 0.047 0.052 0.187 0.525 7.432 0.017 0.133 0.035 3.956 0.754 0.029 0.054 0.091 0.559 0.479 7.622 0.021 0.094 0.071 5.113 0.820 0.023 0.067 0.041 0.094 0.488 7.789 0.025 0.065 0.040 7.468 0.932 0.021 0.062 0.006 0.315 0.526 7.809 0.024 0.064 0.043 8.235 0.985 0.027 0.068 0.027 0.028 0.526 7.853 0.028 0.059 0.042 8.860 0.907 0.014 0.071 0.035 74 VAB 2020 59.564 0.177 0.553 7.937 0.058 0.066 0.043 8.352 0.807 0.023 0.029 0.028 VAB 2021 32.663 VCB 2011 46.080 0.621 0.557 8.564 0.147 0.078 0.078 7.091 0.899 0.020 0.062 0.187 VCB 2012 58.774 VCB 2013 77.286 VCB 2014 65.836 VCB 2015 VCB 2016 VCB 2017 82.224 0.224 0.517 9.015 0.173 0.051 0.053 10.185 0.756 0.011 0.068 0.035 VCB 2018 29.474 0.210 0.579 9.031 0.235 0.058 0.058 9.996 0.775 0.010 0.071 0.035 VCB 2019 26.510 0.212 0.592 9.087 0.229 0.066 0.057 8.955 0.780 0.008 0.070 0.028 VCB 2020 73.034 0.022 0.619 9.123 0.196 0.071 0.056 8.720 0.795 0.006 0.029 0.032 VIB 2011 43.413 0.735 0.442 7.987 0.078 0.084 0.110 5.246 0.970 0.027 0.062 0.187 VIB 2012 59.639 VIB 2013 30.908 VIB 2014 33.307 0.018 0.462 7.907 0.061 0.105 0.093 4.387 0.760 0.025 0.060 0.041 VIB 2015 32.529 101.90 161.27 0.053 0.048 0.109 0.011 0.533 8.004 0.103 0.063 0.038 8.441 0.795 0.019 0.026 0.032 0.569 8.617 0.106 0.101 0.061 5.656 0.829 0.024 0.052 0.091 0.571 8.671 0.103 0.091 0.053 6.297 0.806 0.027 0.054 0.066 0.548 8.761 0.106 0.075 0.052 7.271 0.749 0.023 0.060 0.041 0.121 0.561 8.829 0.118 0.067 0.057 8.380 0.756 0.018 0.067 0.006 0.203 0.575 8.896 0.142 0.061 0.055 9.411 0.767 0.015 0.062 0.027 0.264 0.450 0.017 0.512 7.813 0.062 0.130 0.112 3.945 0.853 0.026 0.052 0.091 0.446 7.886 0.006 0.104 0.082 4.298 0.794 0.028 0.054 0.066 0.558 7.926 0.061 0.102 0.061 5.461 0.882 0.021 0.067 0.006 75 261.06 VIB 2016 VIB 2017 37.455 0.371 0.641 8.090 0.128 0.071 0.048 8.981 1.154 0.025 0.068 0.035 VIB 2018 17.121 0.391 0.685 8.144 0.206 0.077 0.058 8.930 1.123 0.025 0.071 0.035 VIB 2019 17.723 0.374 0.693 8.266 0.243 0.073 0.054 9.525 1.045 0.020 0.070 0.028 VIB 2020 37.924 0.258 0.686 8.389 0.258 0.073 0.056 9.334 1.116 0.017 0.029 0.032 VIB 2021 69.609 0.203 0.643 8.491 0.264 0.078 0.067 8.197 1.147 0.023 0.026 0.018 VPB 2012 27.971 0.084 0.356 8.011 0.097 0.065 0.092 5.503 0.614 0.027 0.052 0.091 VPB 2013 34.079 0.083 0.428 8.084 0.132 0.064 0.096 6.713 0.619 0.028 0.054 0.066 VPB 2014 54.561 0.108 0.473 8.213 0.140 0.055 0.081 8.603 0.713 0.025 0.060 0.041 VPB 2015 31.944 0.512 0.593 8.288 0.119 0.069 0.076 8.594 0.883 0.027 0.067 0.006 VPB 2016 19.095 0.366 0.623 8.359 0.229 0.075 0.144 8.301 1.152 0.029 0.062 0.027 VPB 2017 21.967 0.332 0.646 8.444 0.217 0.107 0.159 6.045 1.344 0.034 0.068 0.035 VPB 2018 35.789 0.180 0.676 8.510 0.212 0.107 0.165 6.285 1.278 0.035 0.071 0.035 VPB 2019 VPB 2020 146.66 114.44 0.104 0.566 8.019 0.064 0.084 0.055 6.767 0.998 0.026 0.062 0.027 0.238 0.671 8.577 0.196 0.112 0.175 5.996 1.183 0.034 0.070 0.028 0.050 0.683 8.622 0.197 0.126 0.164 5.423 1.227 0.034 0.029 0.032 ... questions: ● What factors affect the liquidity risk and credit risk of Vietnamese commercial banks? ● How factors of financial risk and liquidity risk affect the financial stability of the commercial. .. scope of the study 1.4.1 Subject of the study The object of the research in the essay is the impact of credit and liquidity risk on financial stability at vietnamese commercial banks 1.4.2 Scope of. .. CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS 5.1 Conclusion of the result obtain from the research 5.2 Recommendation on financial stability of bank 5.3 Limitations of the topic 5.4 Further research