Commercial bank ratings: Evidence from Vietnam
Keywords:
bank ratings, commercial banks, financial variables, Moody’s
Abstract
The purpose of this paper is to evaluate the impact of financial variables on Vietnamese
commercial bank ratings conducted by Moody’s Investor Service. Ordered logit model is applied on the
sample of 12 banks during 2014- 2020 using manually collected data on Moodys website. The research
shows that banks with higher return on assets, greater net interest margin and larger proportion of noninterest income have higher bank ratings. This empirical findings suggest solutions to boost Vietnamese
commercial bank ratings
