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MINISTRYOFEDUCATION ANDTRAINING STATE BANKOFVIETNAM BANKINGUNIVERSITYOFHOCHIMINH CITY NGUYỄNNGỌCTHANHTRÚC THE IMPACT OF LIQUIDITY CREATION ON BANKPROFITABILITY EMPIRICAL EVIDENCE FROMVIETNAMESE CO[.]
MINISTRYOFEDUCATION ANDTRAINING STATE BANKOFVIETNAM BANKINGUNIVERSITYOFHOCHIMINH CITY - - NGUYỄNNGỌCTHANHTRÚC THE IMPACT OF LIQUIDITY CREATION ON BANKPROFITABILITY:EMPIRICALEVIDENCE FROMVIETNAMESE COMMERCIAL BANKS GRADUATION THESISMAJOR: FINANCE – BANKINGCODE:7340201 HOCHI MINH CITY, 2022 MINISTRYOFEDUCATIONANDTRAINING STATEBANKOFVIETNAM BANKINGUNIVERSITYOFHOCHIMINHCITY - - NGUYỄNNGỌCTHANHTRÚC THE IMPACT OF LIQUIDITY CREATION ON BANKPROFITABILITY:EMPIRICALEVIDENCE FROMVIETNAMESE COMMERCIALBANKS GRADUATION THESISMAJOR: FINANCE – BANKINGCODE:7340201 SUPERVISORNGUYỄ NDUYLINH,Ph.D HOCHI MINH CITY,2022 COMMENTSOFTHESUPERVISOR HoChiMinhCity,…/…/2022 Supervisor Ph.DNguyễnDuyLinh ABSTRACT Researchdata:Thefinalthesiswillfocusonstudyingtheimpacto f liquidity creation on the profitability of twenty-three commercial banks in Vietnamin the period from 2009 to 2020 Reliable secondary data are extracted from thefinancialstatementsofcommercialbankspreviouslydisclosedtothepublic Purpose:To build a regression model to estimate the impact of liquiditycreation represented by the “cat fat” measure on bank profitability, the research onthetopicaimstoinvestigateandfindtheimpactofliquiditycreationontheprofitability ofcommercialbanksinVietnam.Severalvariablesrepresentbankcharacteristics including bank size, capital ratio, debt ratio, deposit ratio, expenseratio,provisionratio,realGDPgrowthrate,andtreasurybillinterestrate.Inparticula r, the author performed regressions on the components of liquidity creationande x a m i n e d e a c h o n e a f f e c t e d b a n k p r o f i t a b i l i t y I n c l u d i n g r e s e a r c h v a r i a b l e s such as liquidity creation, bank-specific variables, andm a c r o v a r i a b l e s B a s e d o n the collected data on the factors, the study examines the impact of these factors ontheperformanceoftwenty- threecommercialbanksinVietnam,includingtwovariables:dependsonreturnonassets(R OA)andreturnonequity(ROE) Design/methodology/approach:Theauthorsexaminedhowliquiditycreation influences the profitability of commercial banks in Vietnam from 2009 to2020 by constructing regression models for regression analysis The multivariateregression models used are the Pooled Ordinary Least Squares (POLS) method, theFixed Effects Model (FEM), and the Random Effects Model (REM), respectively.Finally, the author uses the Feasible Generalized Least Squares (FGLS) method toovercomethephenomena Findings:Using panel data for the period 2009-2020, the research resultsshow the negative impact of liquidity creation on bank profitability in Viet Nam, forboth dependent variables, ROA and ROE In nine independent variables, in eachROAandROEmodel,onlysixvariables affectthe regressionmodelwhile theother threevariableshave nosignificantinfluence Implications:With the results achieved, it will help banks and other relatedagencies to evaluate, manage and operate more effectively, as well as contribute toanempiricalstudyforthefuture.Assisttheminidentifyingkeyvariablesinfluencing bank profitability in Vietnam, particularly the influence of liquiditycreation The findings will support banks and other associated agencies in betterevaluating, managing, and running their businesses and provide an empirical studyforfutureresearch Keywords:Commercial banks, profitability, ROE, bank size, capital, loans,deposits,loanratio,depositratio,GDPgrowth,treasurybillrates,liquiditycreation COMMITMENT My graduationthesistitled "The impact of liquidity creation on bankprofitability: Empirical evidence from Vietnamese commercial banks"is myresearch work in the past time The article is made with the guidance and dedicatedhelpofPh.DNguyenDuyLinh.Thetopicismyresultafterstudyingandaccumul atingknowledgeat BankinguniversityofHoChiMinhCity The author's research work and the research results are honest The referencepartofthethesisclearlystatesthematerialanddatausedintheresearchwork The substance of the thesis, as well as the results and software program, aredonehonestlyandplainlyandhaveneverbeenpublishedbefore HoChiMinhCity,…/…/2022 Author NguyễnNgọcThanhTrúc ACKNOWLEDGEMENTS To complete this final thesis, I would like to thank the lecturers of BankingUniversity of Ho Chi Minh City Especially the teachers who majored in Financeand Banking during the years of studying here have taught me valuable knowledgeas a foundation for my career and later life I would like to express my sincerethanks to Ph.D Nguyen Duy Linh, who has always accompanied and supported meduring my research work Thanks to that, the research was completed on scheduleandcompletedmygraduationthesismost conveniently In addition, I would also like to share my joy and express my gratitude to myfamilyandfriendswhohavealwayssupportedandencouragedmethroughouttheprocess of writing this thesis In the process of implementing the thesis, due to thelimitations of knowledge, shortcomings are inevitable I look forward to receivingsuggestions from teachers, and friends to improve the topic At the same time, itcreatesa better premiseand a directionfor future research Finally, I would like to wish the lecturers always have good health, andhappinessandalways achievemuchsuccessin theirworkaswellasintheirlives Sincerelythanks! HoChiMinhCity,…/…/2022 Author NguyễnNgọcThanhTrúc TABLEOFCONTENTS ABSTRACT i COMMITMENT iii ACKNOWLEDGEMENTS .iv TABLE OFCONTENTS .v LISTOFABBREVIATIONS ix LISTOFFIGURES x LISTOF TABLES .xi CHAPTER1:INTRODUCTION 1.1 BACKGROUNDOFTHERESEARCH 1.2 OBJECTIVES OFTHERESEARCH 1.2.1 Generalobjectives 1.2.2 Specificobjectives 1.3 RESEARCHQUESTIONS .4 1.4 RESEARCHSUBJECTSANDSCOPE 1.4.1 Researchsubject 1.4.2 Researchscope .5 1.5 RESEARCHMETHODOLOGY .5 1.6 CONTRIBUTIONOFTHERESEARCH 1.6.1 Literature gap .6 1.6.2 Newcontributions 1.7 STRUCTURE OFTHERESEARCH CONCLUSION CHAPTER1 .9