BANK RISK PRE AND POST GLOBAL FINANCIAL CRISIS IN VIETNAM: A SURVEY

Global financial crisis has impacted and changed the financial strength of many commercial banks in the world. This paper employs Altman's Z - score in Altman (1993) to assess bankruptcy risk in pre and post global financial crisis for Vietnam's commercial banks. This results is aim to help state bank of Vietnam in manage Vietnamese commercial bank risk and help banks realize their risks themselves to plan the risk management operation. We used financial data from financial reports and annual reports of 5 state-owned commercial banks and 25 public commercial banks in Vietnam and find that bankruptcy risk exists and more severe post global financial crisis. We also find that state-owned commercial banks have higher risk than most of public commercial banks in both before and after financial crisis.