Hang Hoang Thi Thanh

Type of the article: Research Article

Abstract
The paper aims to analyze the impact of bank-specific factors on credit growth and examines the moderating role of bank size in this relationship. Research data were collected from the audited financial statements of 27 commercial banks in Vietnam covering the period from 2013 to 2024. The study employs the system generalized method of moments (SGMM) estimator to address dynamic panel bias and endogeneity issues. The research results indicate that non-performing loans, bank liquidity, and equity capital hurt credit growth; however, this effect is mitigated in large-scale banks due to their strong financial state. In contrast, factors such as profit, deposit growth, and net interest income have a positive impact on credit, with deposit growth and net interest margin having a more substantial effect in large banks, while profit is used less for credit growth in this group. The study confirms that size is an important moderating factor, which can weaken or amplify the impact of bank characteristics on credit activities. On this basis, the study recommends that banks expand the scale of their operations to improve credit efficiency. At the same time, it suggests that the Government issue policies to support capital increases, ensuring that the role of financial intermediation is effectively performed and contributing to promoting sustainable economic growth.