Thesis Information
THESIS INFORMATION
Doctoral thesis: Restructuring Vietnam’s Commercial Banks under the Basel II standards - Case Study in Vietnam Joint Stock Commercial Bank for Industry and Trade
1. Full name: NGUYEN KHUONG
2. Sex: Male
3. Date of birth: 09/9/1975
4. Place of birth: Ha Noi
5. Decision to recognize fellow: No. 2952/QĐ-ĐHKT dated December 14th 2012 by the Rector of the University of Economics - VNU
6. Changes in academic process: Rename the topic of "Restructuring and Sustainable Development Strategies for Vietnam Joint Stock Commercial Bank for Industry and Trade in the Context of Economic Restructuring" to "Restructuring Vietnam Commercial Bank under Basel II Standards - Case Study in Vietnam Joint Stock Commercial Bank for Industry and Trade” (Decision 1651 / QĐ-ĐHKT dated June 13th 2016).
7. Doctoral thesis: Restructuring Vietnam Commercial Banks under Basel II Standards - Case Study in Vietnam Joint Stock Commercial Bank for Industry and Trade.
8. Major: Business Administration
9. Code: 60 34 01 02
10. Supervisors:
- Supervisor 1: Dr. Le Trung Thanh
- Supervisor 2: Assoc. Prof. Nguyen Ngoc Thang
11. Summary of the new findings of the thesis:
- On theoretical basis:
First, research summarizes, analysises to clarify theoretical issues and arguments about: (i) restructuring commercial banks (CBs) according to Basel II standards; (ii) main factors affecting the capabilities to implement Basel II in commercial banks; (iii) aggregate experiential lessons on restructuring banks under Basel II standards in some countries in the world.
Second, research synthesizes and tests a commercial bank structure (a universal main one) consistent with Basel II standards, with high reliability and feasibility, Details as follows:
+ The functional structure of commercial banks under Basel II : CT1 ~ CT5 are " The definition of capital and regulations retsricting capital proportion under Basel II", "The Car formula calculated according to Basel II", "Methods for determining credit risks under Basel II "," Method for determining operational risks under Basel II "," Methods for determining market risks under Basel II " respectively.
+ The governance structure of commercial banks under the Basel II: CT7 ~ CT11 are " The risk management model under Basel II", "The credit rating system according to Basel II", "The monitoring model under Basel II", " The explicit system for information publication under the Basel II", " The historical data management and storage system in accordance with Basel II" respectively
Third, basing on the aforementioned theoretical and practical studies on restructuring commercial banks and commercial banks structure under the Basel II, fellow has formulated the basic concepts of restructuring commercial banks under Basel II.
Fourth, research determines and tests the theoretical model for restructuring commercial banks under Basel II standards with high reliability; points out the roles and impacts of bank restructuring forms under Basel II (ownership restructuring, strategic restructuring, management restructuring and operational restructuring, financial restructuring under Basel II in commercial banks) so that commercial banks can meet Basel II requirements.
Fifth, research determines and tests the model for main factors affecting the capabilities to implement Basel II in commercial banks in Vietnam. On that basis, research also indicates "the core model, triangular strategic relationship affecting the capabilities to implement Basel II in commercial banks". According to this model, there are 3 subjects (factors) which interact one another in the process of implementing Basel II in commercial banks, namely "commercial banks themselves”, "bank inspection and supervision" and "Basel II committee" ; among which commercial banks act to implement the treaty, bank inspection and supervision acts to check and supervise commercial banks in the process of applying the treaty, Basel II committee acts to evaluate rating standards and to support the implementation of the treaty technically. Factor " Basel II contents ", in particular, is located in the heart of the triangle pattern suggests an important role of knowing the content of Basel II Treaty in the implementation process (all 3 factors must grasp the treaty content). The results of the model test achieved the reliability and can be applied to practically planning the restructuring implementation strategy in commercial banks under Basel II as well as providing implementation solutions.
Sixth, research proposes implied recommendations, solutions on restructuring commercial banks under Basel II in Vietnam’s commercial banks.
- On practical basis:
First, research puts the results of the aforementioned theoretical research on restructuring commercial banks under Basel II and the model for main factors affecting the capabilities to implement Basel II in commercial banks in Vietnam into the practice of restructuring Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank). The result of this is to determine that Vietinbank structure matches Basel II provisions and to plan its restructuring strategies in the period from 2015 to 2018 and beyond to 2020.
Second, research determines that the survey questionnaire on restructuring commercial banks under Basel II and the survey questionnaire on main factors affecting the capabilities to implement Basel II in commercial banks in Vietnam ensure high reliability and can be applied to practical survey in commercial banks.
12. Applicability in practice:
The research results of the thesis have high applicability in the process of restructuring commercial banks, specialized state management agencies and other organizations related to restructuring commercial banks under Basel II norms.
13. The next research orientation:
The author proposes the following:
- Continue to expand research on restructuring commercial banks under Basel II norms in size, subject and scope of research in the country and internationally.
- Research on Basel II implementation strategy for the commercial banks in Vietnam.
- In addition to the banking sector, restructuring research can expand in the direction of restructuring the organization in other sectors towards international norms.
14. The publications related to the thesis:
- Le Trung Thanh, Nguyen Khuong (2016), study the relationship between the ability to implement Basel II for a number of key factors and policy implications, Banking Journal (No. 5 - May 3/2016) , The State Bank of Viet Nam.
- Nguyen Khuong (2016), Restructuring the banks under Basel II norms, Banking Magazine (Issue 2 - March 1/2016), The State Bank of Vietnam.
- Nguyen Khuong, Le Trung Thanh & Nguyen Ngoc Thang (2015), Basel II for banks, international experience and implications for Vietnam, Journal of Banking (No. 9/2015), The State Bank Vietnam.
- Nguyen Khuong, Nguyen Ngoc Thang & Le Trung Thanh (2015), Restructuring banks: The experience of a number of Asian countries and the implications for Vietnam, Journal of Economic Studies (No. 6/2015), Vietnam Institute of Economics.
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