Factors Affecting the Sustainable Development of Commercial Banks

Globalization and the increasing instability of conflicts, supply chain disruptions, climate change... have caused many serious consequences affecting the production and business activities of enterprises and the daily lives of people in general. Therefore, more and more countries, enterprises, households and individuals are interested in the trend of sustainable development. Commercial banks operate in the field of currency and banking, related to most areas of the economy, the sustainable development of banks is extremely important in supporting and promoting sustainable economic growth. Currently, there are many studies and debates on the sustainable banking development model. Based on the analysis of the operational characteristics of the banking industry - a financial intermediary and inheriting the theories of sustainable development, the author builds a sustainable banking development model and points out the factors from the internal environment and the business environment of the bank that affect the sustainable development of commercial banks in general. This study aims to propose a comprehensive model for sustainable banking development. The model will incorporate elements from existing banking models while emphasizing the importance of supporting national sustainable development goals. The study will carefully assess the impact of external business factors and internal banking environments on the progress of sustainable banking development. In addition, the study will provide appropriate strategic recommendations for governments and commercial banks in countries, with specific evidence and recommendations in Vietnam to promote sustainable banking development in general.