Table 1

Summary of variables used in the research models

VariablesSymbolDefinitionData sources
Dependent variables
Bank performanceROAReturn on AssetsFiinpro
Bank riskNPLThe ratio of non-performing loans to total loansFiinpro
Independent variables
Global economic policy uncertaintyGEPUNatural logarithm of the Global Economic Policy Uncertainty Indexwww.policyuncertainty.com
Bank capitalEAEquity to total assets ratioFiinpro
Interaction termGEPU × EAGEPU × EA 
Control variables
Credit growthGROW_CREGrowth rate of creditFiinpro
Interest expenseINCRatio of interest expenses to total assetsFiinpro
Operating expenseCOSTRatio of operating expenses to total assetsFiinpro
Bank sizeSIZENatural logarithm of total assetsFiinpro
Economic growthGDPAnnual per capita GDP growth rate of Vietnam (%)World Bank
InflationINFConsumer price inflation rate of Vietnam (%) annuallyWorld Bank
Source(s): Table created by authors

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