(LUẬN văn THẠC sĩ) the determinants of bank profitability in commercial banks an analysis of BIDV vietnam

ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH - NGUYỄN QUANG KHÁNH THE DETERMINANTS OF BANK PROFITABILITY IN COMMERCIAL BANKS - AN ANALYSIS OF BIDV VIET NAM CÁC YẾU TỐ QUYẾT ĐỊNH ĐẾN LỢI NHUẬN CỦA NGÂN HÀNG THƯƠNG MẠI – PHÂN TÍCH TRƯỜNG HỢP CỦA BIDV VIỆT NAM LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH HÀ NỘI - 2019 TIEU LUAN MOI download : skknchat@gmail.com ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH - NGUYỄN QUANG KHÁNH THE DETERMINANTS OF BANK PROFITABILITY IN COMMERCIAL BANKS - AN ANALYSIS OF BIDV VIET NAM CÁC YẾU TỐ QUYẾT ĐỊNH ĐẾN LỢI NHUẬN CỦA NGÂN HÀNG THƯƠNG MẠI – PHÂN TÍCH TRƯỜNG HỢP CỦA BIDV VIỆT NAM Chuyên ngành: Quản trị kinh doanh Mã số: 60 34 01 02 LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH NGƯỜI HƯỚNG DẪN KHOA HỌC: PGS.TS PHẠM THỊ THANH HÒA HÀ NỘI - 2019 TIEU LUAN MOI download : skknchat@gmail.com DECLARATION The author confirms that the research outcome in the thesis is the result of author‟s independent work during study and research period and it is not yet published in other‟s research and article The other‟s research result and documentation (extraction, table, figure, formula, and other document) used in the thesis are cited properly and the permission (if required) is given The author is responsible in front of the Thesis Assessment Committee, Hanoi School of Business and Management, and the laws for abovementioned declaration i TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS DECLARATION i ABBREVIATION iv LIST OF TABLES v LIST OF FIGURES vi INTRODUCTION CHAPTER 1: THEORETICAL FRAMEWORK AND RESEARCH HYPOTHESES 1.1 Commercial banks introduction 1.2 General review of Bank profitability 1.2.1 Definition 1.2.2 Indicators of bank profitability 1.2.3 Internal factors effecting the bank profitability 1.2.4 Other external factor effecting the bank profitability 12 CHAPTER 2: OVERVIEW THE BIDV AND PROFITABILITY OF BIDV16 2.1 Review of BIDV and profitability in 2006-2017 intervals 16 2.1.1 Introduction to BIDV 16 2.1.2 Brief of BIDV profit making performance in 2006-2017 17 2.2 Comparative review of profitability in BIDV and Vietinbank in the concerned period 25 2.3 Potential determinants of profitability of BIDV 30 CHAPTER 3: METHODOLOGY AND DATA ANALYSIS 31 3.1 Chapter introduction 31 3.2 Research paradigm & strategies 31 3.3 Data collection & sample selection strategies 32 3.4 Sampling strategy: 32 3.5 Data analysis methods 33 ii TIEU LUAN MOI download : skknchat@gmail.com 3.6 Descriptive statistics: 34 3.7 Correlation analysis: 37 3.8 Regression analysis: 38 3.8.1 Return on Equity 38 3.8.2 Return on Assets 40 3.8.3 Comment on model validity: 43 3.8.4 Hausman test 45 3.8.5 Multicollinearity test 46 CHAPTER 4: IMPLICATIONS AND RECOMMENDATIONS FOR BIDV TO IMPROVE THE PROFITABILITY IN THE FUTURE 48 4.1 Development strategy of BIDV in the near future 48 4.2 Recommendations for BIDV to improve the profitability in the future 50 4.2.1 Debt management policy 50 4.2.2 Maintaining other ratios that affect bank profitability 55 4.2.3 Diversify other sources of income beyond lending 57 4.2.4 Customer orientation strategy 58 4.2.5 Other practical solutions for BIDV 59 CONCLUSION 61 REFERENCE LIST 63 APPENDIX 67 iii TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam ABBREVIATION ROA: Return on Assets ROE: Return on Equity NPLR: Non-performing Loan ratio CAR: Capital Adequacy ratio LDR: Loan to Deposit ratio LLPR: Loan Loss Provision ratio TA: Total Asset DR: Dividend Ratio REM: Random Effect Method FEM: Fixed Effect Method iv TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam LIST OF TABLES Table 2.1 - Quality Criteria of BIDV 21 Table 2.2 - Dependent variables on profit in BIDV 30 Table 3.1 - Descriptive statistics 35 Table 3.2 - Correlation analysis 37 Table 3.3 - FEM-ROE regression 38 Table 3.4 - REM - ROE regression 39 Table 3.5 - Hausman Test - ROE 39 Table 3.6 - FEM - ROA regression 40 Table 3.7 - REM - ROA regression 42 Table 3.8 - Hausman Test - ROA 42 Table 3.9- Collinearity statistics 46 v TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam of the model employed According to Krauss, (2005), the qualitative variables play important role in shaping the comprehensive environment of commercial bank In a moving economy, the banking performance is also under external pressure such as well-being of economy, level of inflation, interest rate adjustment under monetary policies of the government However, to set the focal point on the specific context of BIDV, this research has assumed that external factors hold equivalent influences on all banks in the same environment, hence external impacts have been ignored to keep the model as simple as possible However, it is certain that the over-simplified research model embeds with lower accuracy would be less likely to reflect the reality Therefore, the future research should take account into these external factors to complete the big picture of bank profitability Another limitation can be referred to the method implemented in the study which focused too much on measurement in a broad scale Accordingly, the study has concerned more to gauging the factors in panel analysis while taking little concern to the specific settings of BIDV The generalization of the study with employment of data of BIDV and Vietinbank does not help get insight into the case of BIDV and the underlying problems occurring in profit making performance of this bank Therefore, the practicality of the research outcome is still rather limited In the future research, it is suggested that qualitative measure such as interview should be adopted to further access the problems of BIDV Another shortcoming of the study is the examination of moderator effects between factors and the profit level A particular example is the lack of measuring moderator effect that the increase of non-performing loan on the level of loan loss provision as well as this effect on the profit Because of this omission, the total effect of the predictors in the model on profitability could 62 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam have been distorted The future study should, therefore take account into the cross effect to draw out the big picture of bank profitability REFERENCE LIST 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(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam 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(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam 16 Menicucci, E & Paolucci, G (2016) "The determinants of bank profitability: empirical evidence from European banking sector", Journal of Financial Reporting 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banks in launching BASEL II‟ LienVietPostbank Available from: http://research.lienvietpostbank.com.vn/thach-thuc-doi-voi-ngan-hangviet-nam-khitrong-qua-trinh-trien-khai-basel-ii[Accessed 30 Sep 2017] 24 Nguyen, T.M (2015) Non-Performing Loans: Affecting Factor for the Sustainability of Vietnam Commercial Banks, Journal of Economics and Development, 17 (1), April 2015, pp 93-106 65 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam 25 Pasha, T &Khemraj, S (2009) The determinants of non-performing loans: an econometric case study of Guyana MPRA Paper 26 Pasiouras, F., &Kosmidou, K (2007) Factors influencing the profitability of domestic and foreign commercial banks in the European Union Research in International Business and Finance, 21(2), pp 222-237 27 Scheurich, J (2014) Research Method in the Postmodern Psychology Press 28 Sharma, A.K (2005) Textbook of correlations and regression New Delhi: Discovery publishing house 29 Sufian, F &Habibullah, M (2008) Determinants of bank profitability in a developing economy: Empirical evidence from Bangladesh, Journal of Business Economics and Management, 10(3), pp 207-217 30 Tran, B.T (2015) Vietnam Banking Industry Report Duxton Available at: http://www.duxtonam.com/wp-content/uploads/2015/01/Vietnam- Banking-Report_2015.pdf [Accessed 30 Sep 2017] 31 VCBS (2011) Report on Bank for Investment and Development of Vietnam (BIDV) Available at: http://vcbs.com.vn/en/Communication/GetReport?reportId=1773[Accesse d 30 Sep 2017] 32 Vu, H &Nahm, D (2013) The determinants of profit efficiency of banks in Vietnam, Journal of the Asia Pacific Economy, 18(4), pp 615-631 33 Zeng, C (2015) Statistical methodology paper Asia research publisher 66 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam APPENDIX (Sources: SBV website and Annual reports of Commercial banks) CAR 2006 Vietinbank 2008 2009 LLPR TA DR ROA ROE 0.138% 85.210% 2.658% 18.724 7.500% 0.620% 11.300% 10.450% 1.120% 69.800% 1.230% 17.025 5.700% 1.580% 18.890% BIDV 8.650% 0.890% 91.000% 1.200% 18.945 9.100% 1.980% 15.330% ACB 10.900% 0.700% 129.000% 0.530% 17.614 15.000% 2.900% 33.800% Vietcombank 12.280% 0.760% 111.200% 2.700% 18.933 11.000% 2.490% 29.420% MBB 15.890% 0.950% 92.120% 1.180% 16.621 10.000% 1.950% 22.700% EIB 16.700% 0.843% 104.200% 1.100% 16.724 12.000% 2.240% 27.200% SHB 7.560% 2.041% 65.200% 2.285% 14.097 8.000% 1.050% 12.340% Vietinbank 11.620% 0.102% 90.230% 2.120% 18.928 8.000% 1.010% 14.120% STB 11.820% 1.093% 80.000% 1.620% 17.983 5.900% 1.686% 19.200% BIDV 7.850% 1.500% 93.220% 1.470% 19.105 6.900% 1.270% 15.200% ACB 6.800% 0.680% 52.540% 0.817% 18.263 18.000% 3.250% 38.320% Vietcombank 12.650% 0.880% 88.950% 1.120% 19.101 14.000% 2.220% 26.200% MBB 14.900% 0.750% 82.600% 1.154% 17.204 13.000% 2.220% 26.080% EIB 17.000% 0.701% 98.900% 1.060% 17.333 15.000% 1.780% 27.260% SHB 17.900% 1.700% 78.000% 2.820% 16.331 7.000% 0.850% 10.280% Vietinbank 11.200% 0.210% 91.500% 1.540% 19.081 10.000% 1.350% 15.700% STB 12.160% 1.330% 57.200% 1.470% 18.041 5.000% 1.040% 12.310% BIDV 8.940% 1.710% 95.700% 1.760% 19.323 6.500% 1.250% 13.600% ACB 12.400% 0.900% 56.990% 1.147% 18.474 11.000% 2.320% 24.500% Vietcombank 11.500% 1.340% 71.560% 1.350% 19.220 8.500% 1.370% 16.540% MBB 11.470% 1.150% 89.670% 1.210% 18.055 8.000% 1.530% 17.800% EIB 35.890% 3.410% 87.240% 4.989% 17.721 4.300% 0.670% 7.430% SHB 25.800% 2.620% 65.460% 3.963% 16.479 5.000% 0.911% 8.760% 8.600% 0.610% 96.480% 0.890% 19.312 12.000% 1.540% 20.600% 11.410% 0.670% 64.420% 0.740% 18.460 5.700% 1.780% 18.050% BIDV 9.540% 1.420% 106.920% 1.630% 19.507 10.000% 0.940% 21.050% ACB 9.970% 0.700% 60.730% 0.950% 18.939 16.000% 2.100% 31.240% Vietcombank 8.100% 1.070% 83.570% 1.370% 19.360 11.000% 1.640% 25.580% MBB 12.000% 1.018% 107.250% 1.300% 18.050 12.000% 2.660% 26.610% EIB 26.870% 2.830% 85.000% 2.860% 17.997 5.000% 0.790% 8.650% SHB 17.060% 1.940% 68.480% 2.750% 17.128 8.000% 1.590% 11.590% 8.000% 0.660% 118.290% 1.220% 19.723 13.470% 1.510% 22.100% 10.660% 1.520% 61.220% 2.220% 18.842 5.000% 1.390% 14.860% Vietinbank STB 2010 LDR 5.800% STB 2007 NPL Vietinbank STB 67 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam 2011 BIDV 9.320% 1.400% 101.200% 1.950% 19.719 7.000% 1.130% 17.960% ACB 9.250% 0.950% 75.130% 0.830% 19.142 14.000% 1.730% 28.670% Vietcombank 9.000% 1.300% 83.400% 1.530% 19.544 12.000% 1.520% 22.550% MBB 12.900% 0.860% 112.600% 1.080% 18.513 15.000% 2.560% 29.020% EIB 17.790% 1.410% 103.750% 1.990% 18.692 7.000% 1.860% 13.510% SHB 13.810% 1.630% 88.100% 1.850% 17.753 7.000% 1.340% 16.870% Vietinbank 10.570% 0.740% 120.680% 1.350% 19.948 19.000% 2.000% 26.700% STB 11.660% 0.570% 71.190% 1.090% 18.769 5.000% 1.280% 13.530% BIDV 11.070% 2.960% 110.560% 2.970% 19.821 6.500% 0.830% 13.200% ACB 9.250% 1.080% 66.940% 1.023% 19.454 2.000% 1.700% 36.620% 11.140% 2.030% 86.680% 2.010% 19.720 11.500% 1.250% 17.880% 9.590% 1.660% 71.510% 2.240% 18.749 11.000% 1.390% 16.710% EIB 12.940% 1.610% 124.270% 1.690% 19.028 14.000% 1.930% 20.390% SHB 13.370% 1.570% 85.730% 2.090% 18.072 9.000% 1.120% 13.550% Vietinbank 10.330% 1.350% 109.080% 1.910% 20.037 16.000% 1.700% 19.900% STB 9.530% 1.430% 81.360% 1.690% 18.835 5.000% 1.430% 14.200% BIDV 9.650% 3.030% 111.740% 4.340% 19.999 6.500% 0.490% 12.380% ACB 14.160% 2.140% 82.470% 3.500% 18.989 7.500% 0.560% 8.490% Vietcombank 14.630% 2.000% 79.210% 2.910% 19.843 8.300% 1.170% 12.780% MBB 11.150% 1.330% 63.300% 2.080% 18.984 7.200% 1.890% 19.860% EIB 13.470% 1.320% 105.920% 1.790% 18.952 5.200% 1.620% 18.250% SHB 14.180% 1.540% 69.310% 1.890% 18.574 8.700% 1.260% 16.040% Vietinbank 13.200% 0.820% 102.330% 0.880% 20.172 10.000% 1.400% 13.700% 8.430% 1.670% 82.960% 1.520% 18.899 7.000% 1.420% 14.490% BIDV 10.230% 2.300% 113.570% 2.570% 20.122 10.200% 0.780% 13.840% ACB 14.660% 3.070% 76.490% 3.440% 18.931 6.500% 0.580% 8.200% Vietcombank 13.130% 2.730% 80.620% 3.350% 19.966 7.000% 0.990% 10.430% MBB 11.000% 2.220% 58.170% 2.850% 19.011 7.000% 1.200% 14.130% EIB 13.620% 2.980% 100.190% 1.900% 18.950 5.000% 0.750% 7.930% SHB 12.360% 1.960% 79.100% 2.660% 18.782 8.500% 1.510% 17.140% Vietinbank 10.400% 0.900% 86.700% 0.990% 20.310 10.000% 1.200% 10.500% STB 9.870% 1.300% 77.670% 2.370% 19.061 5.000% 1.360% 13.210% BIDV 9.350% 2.060% 99.680% 2.490% 20.293 9.100% 0.830% 15.270% ACB 14.100% 2.210% 75.210% 2.160% 19.006 6.000% 0.750% 9.800% Vietcombank 11.610% 2.360% 74.910% 2.790% 20.173 9.000% 0.880% 10.700% MBB 10.070% 1.740% 56.120% 2.050% 19.116 10.000% 1.290% 14.960% EIB 14.470% 3.460% 88.430% 5.380% 18.897 1.500% 0.340% 3.470% Vietcombank MBB 2012 2013 STB 2014 68 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam (LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam(LUAN.van.THAC.si).the.determinants.of.bank.profitability.in.commercial.banks.an.analysis.of.BIDV.vietnam