Digital transformation under the pressure of uncertainty in the banking sector
Economic Analysis and Policy,
Journal Year:
2025,
Volume and Issue:
unknown
Published: March 1, 2025
Language: Английский
Digital transformation and the bank lending channel
China Finance Review International,
Journal Year:
2025,
Volume and Issue:
unknown
Published: May 2, 2025
Purpose
This
paper
examines
how
digital
transformation
influences
the
relationship
between
monetary
policy
and
bank
lending.
Design/methodology/approach
The
research
draws
on
data
from
Vietnamese
commercial
banks
2007
to
2023
empirically
investigate
lending
channel.
To
overcome
shortcomings
of
current
measures
transformation,
study
employs
a
government-issued
index,
which
integrates
various
aspects
digitalization.
Alongside
utilizing
fixed-effects
estimator
for
primary
analysis,
tackles
potential
endogeneity
concerns
by
employing
two-step
system
generalized
method
moments
(GMM)
as
well
two-stage
least
squares
(2SLS)
technique.
Findings
findings
indicate
that
reduces
effect
loan
growth.
Accordingly,
are
more
advanced
in
their
efforts
less
responsive
changes.
pattern
is
consistent
across
both
rate-based
quantitative-based
policies
remains
robust
after
many
checks,
including
those
addressing
endogeneity.
Additionally,
heterogeneity
analysis
reveals
further
insights:
stronger
banks—such
larger
banks,
low-risk
state-owned
institutions—experience
pronounced
weakening
channel
due
compared
weaker
banks.
Originality/value
first
explore
within
affects
interaction
In
doing
so,
it
adds
new
insights
literature
transmission
deepens
our
understanding
broader
effects
transformation.
Language: Английский
Uncertainty in banking and debt financing of firms in Vietnam
PLoS ONE,
Journal Year:
2024,
Volume and Issue:
19(7), P. e0305724 - e0305724
Published: July 15, 2024
This
study
explores
the
effects
of
banking
uncertainty
on
firms'
debt
financing.
Employing
data
from
2007
to
2022
Vietnam-a
bank-based
economy,
we
document
that
negatively
impacts
corporate
debt.
The
impact
firmly
holds
across
various
maturities
and
sources,
with
most
predominant
driver
witnessed
in
bank
We
also
investigate
potential
underlying
mechanism
linking
financing,
thereby
validating
working
three
crucial
channels,
including
increased
costs
debt,
substitution
trade
credit,
contractions
firm
investment.
Furthermore,
conducting
extended
analysis,
find
financing
exhibits
more
pronounced
reactions
for
firms
closer
ties
banks
or
during
macroeconomic
shocks,
as
captured
by
financial
crisis
COVID-19
pandemic.
Our
findings
survive
after
robustness
checks
alternative
measurement,
static
dynamic
econometric
models,
endogeneity
controls.
Language: Английский