TAILIEUCHUNG - Impact of restructuring on efficiency of Vietnam’s commercial banks

The paper presents research on restructuring of Vietnam’s system of commercial banks by implementing a three-stage DEA/SFA approach to estimate of impact of the restructuring process on banking efficiency. | Tran Hoang Ngan et al. / Journal of Economic Development 22 (2) 27-47 27 Impact of Restructuring on Efficiency of Vietnam’s Commercial Banks TRAN HOANG NGAN University of Economics HCMC - ngannh@ TRAN PHUONG THAO University of Economics HCMC - tranthao@ NGUYEN HUU HUAN University of Economics HCMC - huannguyen@ ARTICLE INFO ABSTRACT Article history: The paper presents research on restructuring of Vietnam’s system of commercial banks by implementing a three-stage DEA/SFA approach to estimate of impact of the restructuring process on banking efficiency. The empirical findings show that rises and falls in banking efficiency are irregular because the restructuring process has not completed and that some banks gain higher efficiency scores while others, especially those affected by low performance of merged banks, witness sharp falls. Received: Aug. 27 2014 Received in revised form: Dec. 17 2014 Accepted: Mar. 26 2015 Keywords: restructuring, efficiency, commercial banks, Data Envelopment Analysis, Stochastic Frontier Analysis. 28 Tran Hoang Ngan et al. / Journal of Economic Development 22 (2) 27-47 1. Introduction The system of commercial banks plays an extremely important role in smoothing flows of capital, thereby promoting the socioeconomic development. After its 60 years of development, the Vietnam’s system of commercial banks, comprising five stateowned banks, 33 joint stocks, four joint ventures, five foreign-owned banks, and 51 branches of foreign ones, has gradually improved its structure, size, and organization in spite of the current difficulties and limitations. Severely impacted by the global economic recession, since 2008 Vietnam’s commercial banks have faced various risks and challenges that could be seen in falling indicators of banking efficiency such as profitability, credit growth rate, and bad debt. Several measures, such as privatization, acquisitions and mergers, increased supply of liquidity to banks in .

• Ngân hàng - Tín dụng
• Commercial banks
• Data envelopment analysis
• Stochastic frontier analysis
• Vietnam’s commercial banks
• Banking efficiency
• Factors affecting the performance of commercial banks
• Commercial banks in ethiopia
• Performance of the banks
• Efficiency ratio and commercial banks
• The explained variables
• Empirical evidence
• State owned commercial banks
• Private commercial banks
• Determinants of capital adequacy ratio of Vietnamese commercial banks
• Capital adequacy ratio of Vietnamese commercial banks
• Vietnamese commercial banks
• The Net interest margin
• Capital adequacy ratio
• Super Efficiency
• Chinese commercial banks based
• Based on super efficiency DEA method
• City commercial banks
• Summary of Phd thesis
• Business performance
• Joint stock commercial banks
• Joint stock commercial banks in Vietnam
• Commercial bank cost inefficiency
• Intermediation approach
• Cost inefficiency of commercial banks
• Commercial banks in Vietnam
• Solutions for the development of investment banking
• The development of investment banking
• Vietnams commercial banks
• The organizational models
• Credit quality for small and medium sized enterprises
• Small and medium sized enterprises
• Hanoi based commercial banks
• Positioningquality and relation quality of credit service for SMEs
• Determinants of net interest margin
• Net interest margin Commercial banks in Vietnam
• The recession period
• Applying analyzing
• Ngân hàng thương mại Việt Nam
• Bank capital
• Credit risk
• Generalized method of moment
• Profit efficiency
• Bank competition
• Economic studies
• Changing leadership style
• The Vietnamese commercial banks
• Vietnam joins the WTO
• OCAI culture diagnostic models
• Dissertation summary
• The talents retention
• Talents retention at commercial banks
• Factors affecting the retention of talent
• Determinants of customer satisfaction in commercial banks
• Customer satisfaction in commercial banks
• Structural Equation Modelling
• Four factors influencing customer satisfaction
• Managerial implications to enhance customer satisfaction
• Multiple currency regime
• Zimbabwean commercial banks
• Liquidity risk determinants
• Multiple currencies exchange rate system
• Impact of equity on financial stability
• Credit risk on financial stability of Vietnamese commercial banks
• The financial stability
• Cypriot commercial banks
• Financial crisis
• Previous negative experience
• Εmployee training
• Corporate financial performance
• Commercial banks in Kenya
• Stakeholders including the customers
• Summary of Doctoral thesis
• Improving credit quality
• Vietnamese joint stock commercial banks
• Stock commercial banks
• Practical issues
• Banking and Finance
• Capital Safety
• Summary of the thesis
• Competitiveness of Vietnamese commercial banks
• Merger and acquisition
• Competitive capacity
• Summary of Ph D thesis
• Thesis Summary of Doctor of Economics
• Ownership structure
• Operations of commercial banks
• Industrial revolution 4 0
• State bank of Vietnam
• Developing opportunities