Số 222 | Tháng 9/2024
Tác động của công cụ an toàn vĩ mô tín dụng đến khả năng sinh lời của các ngân hàng thương mại Việt Nam
Phạm Phương Anh, Nguyễn Nhật Minh
Tóm tắt:
Bài viết nghiên cứu tác động của các công cụ an toàn vĩ mô (ATVM) tín dụng đến khả năng sinh lời (KNSL) của 27 ngân hàng thương mại (NHTM) Việt Nam trong giai đoạn quý 3/2014 đến quý 3/2023. Nghiên cứu sử dụng phương pháp hồi quy dữ liệu bảng kết hợp cùng các kiểm định khắc phục hiện tượng nội sinh và kiểm tra tính vững đều có kết quả nghiên cứu thống nhất. Theo đó, kết quả thực nghiệm chỉ ra rằng quy định ATVM tín dụng được điều chỉnh theo hướng thắt chặt có tác động cùng chiều đến KNSL của NHTM Việt Nam. Đặc biệt, kết quả từ mô hình hồi quy phân vị chỉ ra rằng các NHTM có KNSL ở mức thấp và trung bình tuân thủ các quy định ATVM thắt chặt sẽ cải thiện KNSL tốt hơn so với các ngân hàng có KNSL ở mức cao. Trên cơ sở đó, nghiên cứu đưa ra một số khuyến nghị đối với Ngân hàng Nhà nước Việt Nam (NHNN) và các NHTM Việt Nam khi xây dựng các quy định này.
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The Impact of the Credit Macroprudential Policies Instruments on Bank’s Profitability: Empirical Evidence from Vietnam
Abstract:
The study examines the impacts of credit macroprudential instruments on the profitability of 27 Vietnamese commercial banks from 2014:Q3 to 2023:Q3. This study uses panel data regression methods combined with tests to resolve the endogeneity issue, and robustness checks produce consistent research results. Accordingly, empirical results show that contractionary credit macroprudential instruments have a positive impact on the profitability of Vietnamese commercial banks. These findings highlight that for the banks with low ROA quantiles, the stricter credit macroprudential instruments improve banks’ profitability better than the banks with higher ROA quantiles. Based on these results, the study offers policy recommendations for Vietnamese commercial banks.