SỐ 241 | Tháng 4/2026
Tác động của dòng vốn ngân hàng xuyên biên đến hoạt động cho vay tại các nước ASEAN: Vai trò của cạnh tranh thị trường
Nguyễn Thị Mai Huyên, Phạm Thị Tuyết Trinh
Tóm tắt:
Mục tiêu nghiên cứu: Nghiên cứu này phân tích ảnh hưởng của dòng vốn ngân hàng xuyên biên (DVNHXB) đến cho vay trong nước của các quốc gia trong khu vực ASEAN. Bên cạnh đó, vai trò điều tiết của cạnh tranh thị trường (CTTT) trong việc định hình tác động của dòng vốn này đến cho vay cũng được xem xét.
Thiết kế nghiên cứu/phương pháp/tiếp cận: Nghiên cứu sử dụng ước lượng mô men tổng quát hệ thống (SGMM) hai bước cho bộ dữ liệu dạng bảng của 186 ngân hàng tại sáu quốc gia trong khu vực ASEAN.
Kết quả nghiên cứu chính: Sự gia tăng thanh khoản từ dòng vốn quốc tế có đóng góp cùng chiều vào hoạt động cho vay trong nước. Ngoài ra, yếu tố cạnh tranh có khả năng điều tiết cùng chiều, giúp đẩy mạnh tác động của DVNHXB trong việc thúc đẩy các ngân hàng gia tăng hoạt động cho vay tại những quốc gia trong khu vực.
Giá trị đóng góp mới: Nghiên cứu bổ sung bằng chứng thực nghiệm mới cho tài liệu hiện có bằng cách tập trung vào DVNHXB thay vì các dòng vốn quốc tế phổ biến khác. Đồng thời, bài viết nhấn mạnh vai trò điều tiết của mức độ CTTT trong mối quan hệ giữa dòng vốn quốc tế và cho vay ngân hàng.
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The Impact of Cross-Border Banking Flows on Bank Lending in Asean Countries: The Role of Market Competition
Abstract:
Purpose: This study analyses the influence of cross-border banking flows on domestic lending volumes within the ASEAN region. In addition, the moderating role of market competition in shaping the impact of these capital flows on bank lending is also examined.
Design/methodology/approach: The study applies a two-step system generalized method of moments (SGMM) estimation to a panel dataset of 186 banks across six countries in the ASEAN region.
Findings: The liquidity boost provided by international capital flows positively contributes to domestic bank lending volumes. Furthermore, competition serves as a positive moderating factor, magnifying the effect of cross-border banking flows in encouraging banks to accelerate their lending activities across the region.
Originality/value: This study contributes new empirical evidence to the existing literature by focusing specifically on cross-border banking flows rather than other forms of international capital flows, while highlighting the moderating role of market competition in the relationship between international capital flows and bank lending.