Strengthen roles of commercial banks in vietnam economy– a case of eximbank

Authors

  • NGUYEN THI TUYEN NGON
  • DINH TRAN NGOC HUY
  • TRAN DUC THANG

Keywords:

risk management, Vietnam, commercial bank, low inflation time JEL: M21, G30, O11

Abstract

Is it the time for us to evaluate roles of Vietnam commercial banks and importance of risk management activities? This paper uses both quantitative analysis with statistical data and charts, combined with qualitative analysis including synthesis, inductive and explanatory methods in order to estimate and compare market risk via beta CAPM of Eximbank (EIB) and Asia Commercial Bank (ACB), 2 big listed joint stock banks in Vietnam. Research findings show us that market risk of Eximbank is higher and increase during post-low (L) inflation stage, compared to pre-L inflation time. Results may be used for policy implications and research models can be references for other countries including emerging markets.

References

Eugene FF, French KR. (2004). The Capital Asset Pricing Model: Theory and Evidence, Journal of Economic Perspectives.

Gunarathna, V. (2016). How does Financial Leverage Affect Financial Risk? An Empirical Study in Sri Lanka, Amity Journal of Finance, 1(1), 57-66.

Gunaratha V. (2013). The Degree of Financial Leverage as a Determinant of Financial Risk: An Empirical Study of Colombo Stock Exchange in Sri Lanka, 2nd International Conference on Management and Economics Paper.

Huy, D.T.N. (2012). Estimating Beta of Viet Nam listed construction companies groups during the crisis,

Journal of Integration and Development, 15 (1), 57-71

Huy, D. T.N., Loan, B. T., and Anh, P. T. (2020). 'Impact of selected factors on stock price: a case study of Vietcombank in Vietnam', Entrepreneurship and Sustainability Issues, vol.7, no.4, pp. 2715- 2730. https://doi.org/10.9770/jesi.2020.7.4(10)

Huy, D. T.N., Dat, P. M., và Anh, P. T. (2020). 'Building and econometric model of selected factors’ impact on stock price: a case study', Journal of Security and Sustainability Issues, vol.9(M), pp. 77- 93. https://doi.org/10.9770/jssi.2020.9.M(7)

'

and External Macroeconomic Factors on Firm Stock Price in an Expansion Econometric model—A Case in Vietnam Real Estate Industry', Data Science for Financial Econometrics-Studies in Computational Intelligence, vol.898, Springer. http://doi-org-443.webvpn.fjmu.edu.cn/10.1007/978-3-030-48853-6_14

Kantos, C., & Bartolomeo, D.D. (2020). How the pandemic taught us to turn smart beta into real alpha,

Journal of Asset Management , 21: 581–590

Kayo, E.R., Martelanc, R., Brunaldi, E.O., & Silva, W.E. (2020). Capital asset pricing model, beta stability, and the pricing puzzle of electricity transmission in Brazil, Energy Policy, 142.

Khan, A.A., Faisal, S.M., & Aboud, O.A.A. (2018). Estimating Beta (β) Values of Stocks in the Creation of Diversified Portfolio - A Detailed Study, Applied Economics and Finance, 5(3). DOI: 10.11114/aef.v5i3.3243

Thang, N.C., Vu., N.T., Duc, V.H., & McAleer, M. (2020). Systematic Risk at the Industry Level: A Case Study of Australia , Risk, 8, 36. Doi:10.3390/risks8020036

Downloads

Published

2021-04-30

How to Cite

NGON, N. T. T. ., HUY, D. T. N. ., & THANG, T. D. . (2021). Strengthen roles of commercial banks in vietnam economy– a case of eximbank. The Journal of Contemporary Issues in Business and Government, 27(2), 972–975. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/1006