Digital finance and funding pressure in Vietnamese banks
Purpose This study aims to examine whether reported CoreTech in bank annual reports provides a standalone resilience signal or contains conditional information about deposit-growth pressure during periods of stress. Design/methodology/approach Using an unbalanced panel of 25 publicly listed Vietnamese commercial banks from 2013 to 2025, the study constructs an auditable annual-report index of reported internal technology implementation. The index separates implementation evidence from digital ambition, customer-facing channels and generic disclosure. Regressions with bank and year fixed effects examine how lagged reported CoreTech relates to deposit-growth pressure across stress periods. Findings Banks with stronger lagged reported CoreTech experienced weaker deposit growth during the COVID stress window. This represents a relative deposit-growth shortfall rather than deposit outflows or realized liquidity distress. No statistically detectable association is found during 2022–2023 or for nonperforming-loan outcomes. Practical implications Supervisors, managers and analysts should interpret reported CoreTech alongside deposit growth, the current account and savings account ratio, loan-to-deposit ratios, liquidity buffers and bank business models. Originality/value The study provides an auditable disclosure-based measure of reported internal technology implementation and shows that its information content varies across stress environments.
Authors
- Thong Trung Nguyen (ORCID: https://orcid.org/0000-0002-2875-8361)
- Anh Quang Lê
Institutions
- National Economics University (VN)
- Vietnam National University, Hanoi (VN)
- University of Economics Ho Chi Minh City (VN)
Publication Details
- Journal
- Journal of Financial Economic Policy
- Published
- 2026-09-10
- DOI
- https://doi.org/10.1108/jfep-07-2026-0380
- Primary Topic
- Banking stability, regulation, efficiency
- Type
- article
- Field-Weighted Citation Impact
- 0.00