Số 226 | Tháng 01/2025
Tác động ngưỡng của tài chính toàn diện kỹ thuật số đến ổn định ngân hàng: Bằng chứng quốc tế
Tô Thị Hồng Gấm, Đào Lê Kiều Oanh, Trần Thị Kim Oanh
Tóm tắt:
Bài báo nghiên cứu tác động ngưỡng của tài chính toàn diện (TCTD) kỹ thuật số đến ổn định ngân hàng tại 65 quốc gia trên thế giới giai đoạn 2011–2022. Kết quả ước lượng mô hình nghiên cứu bằng phương pháp Bayes và FGLS đều cho thấy tồn tại mối quan hệ phi tuyến tính hình chữ U thuận giữa TCTD kỹ thuật số và ổn định ngân hàng. Ngoài ra, các chỉ số phát triển tài chính, tăng trưởng kinh tế và thể chế tốt hơn có thể làm tăng sự ổn định trong ngành ngân hàng. Ngược lại, các chỉ số tập trung ngân hàng và lạm phát lại làm giảm sự ổn định ngân hàng. Từ những kết quả này, nhóm tác giả đã đề xuất một số hàm ý chính sách nhằm tăng sự ổn định ngân hàng ở các quốc gia trong mẫu nghiên cứu.
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Threshold Effect of Digital Financial Inclusion on Bank Stability: International Evidence
Abstract:
This study examines the threshold effect of digital financial inclusion on banking stability across 65 countries from 2011 to 2022. The findings reveal a U-shaped nonlinear relationship between digital financial inclusion and banking stability, as demonstrated using both Bayesian and Feasible Generalized Least Squares (FGLS) estimation methods. Furthermore, financial development, economic growth, and institutional quality contribute to enhancing banking stability. Conversely, higher bank concentration and inflation negatively impact stability in the banking sector. Based on these insights, the authors propose several policy recommendations to strengthen bank stability within the sampled countries.