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The Research on the Risk-Taking Behavior of Commercial Banks in Central Asia - Based on the Empirical Evidence of 67 Commercial Banks

Received: 17 May 2022     Accepted: 31 May 2022     Published: 14 June 2022
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Abstract

Importance of the regional collaboration is well understood by rising economic development of China as it has played a very important role in developing One Belt One Road initiative for regional advancement with Central Asia countries. With the fully implement of One Belt One Road initiative, which for the economic, culture and regional development cannot be overemphasized. However, there is currently a lack of research on the financial cooperation between those countries. This study aims to establish a new commercial bank risk behavior framework to analyze the financial situation in Central Asia countries, that is the risk-taking motivation, risk-taking decision, and risk-taking consequence correspondingly. Then used the data of 67 commercial banks in Central Asia from the year 2010 to 2020 based on the dynamic panel model to do the statistical testing. The major findings of this study expose that the commercial banks in Central Asia lack the risk-taking motivation, the risk-taking decision needs to be optimized and the risk-taking consequence need to be inhibited. To deepen financial cooperation between China and Central Asian countries, the study puts forward several policy suggestions. For example, both China and Central Asia countries should pay much attention to the risk-taking behavior of commercial banks, China and Central Asia should actively expand new cooperation areas and opportunities such as banking risk prevention.

Published in International Journal of Business and Economics Research (Volume 11, Issue 3)
DOI 10.11648/j.ijber.20221103.18
Page(s) 166-172
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Central Asian Countries, “One Belt One Road Initiative”, Commercial Bank, Risk-Taking Behavior

References
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  • APA Style

    Liu Qing-yun. (2022). The Research on the Risk-Taking Behavior of Commercial Banks in Central Asia - Based on the Empirical Evidence of 67 Commercial Banks. International Journal of Business and Economics Research, 11(3), 166-172. https://doi.org/10.11648/j.ijber.20221103.18

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    ACS Style

    Liu Qing-yun. The Research on the Risk-Taking Behavior of Commercial Banks in Central Asia - Based on the Empirical Evidence of 67 Commercial Banks. Int. J. Bus. Econ. Res. 2022, 11(3), 166-172. doi: 10.11648/j.ijber.20221103.18

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    AMA Style

    Liu Qing-yun. The Research on the Risk-Taking Behavior of Commercial Banks in Central Asia - Based on the Empirical Evidence of 67 Commercial Banks. Int J Bus Econ Res. 2022;11(3):166-172. doi: 10.11648/j.ijber.20221103.18

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  • @article{10.11648/j.ijber.20221103.18,
      author = {Liu Qing-yun},
      title = {The Research on the Risk-Taking Behavior of Commercial Banks in Central Asia - Based on the Empirical Evidence of 67 Commercial Banks},
      journal = {International Journal of Business and Economics Research},
      volume = {11},
      number = {3},
      pages = {166-172},
      doi = {10.11648/j.ijber.20221103.18},
      url = {https://doi.org/10.11648/j.ijber.20221103.18},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20221103.18},
      abstract = {Importance of the regional collaboration is well understood by rising economic development of China as it has played a very important role in developing One Belt One Road initiative for regional advancement with Central Asia countries. With the fully implement of One Belt One Road initiative, which for the economic, culture and regional development cannot be overemphasized. However, there is currently a lack of research on the financial cooperation between those countries. This study aims to establish a new commercial bank risk behavior framework to analyze the financial situation in Central Asia countries, that is the risk-taking motivation, risk-taking decision, and risk-taking consequence correspondingly. Then used the data of 67 commercial banks in Central Asia from the year 2010 to 2020 based on the dynamic panel model to do the statistical testing. The major findings of this study expose that the commercial banks in Central Asia lack the risk-taking motivation, the risk-taking decision needs to be optimized and the risk-taking consequence need to be inhibited. To deepen financial cooperation between China and Central Asian countries, the study puts forward several policy suggestions. For example, both China and Central Asia countries should pay much attention to the risk-taking behavior of commercial banks, China and Central Asia should actively expand new cooperation areas and opportunities such as banking risk prevention.},
     year = {2022}
    }
    

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  • TY  - JOUR
    T1  - The Research on the Risk-Taking Behavior of Commercial Banks in Central Asia - Based on the Empirical Evidence of 67 Commercial Banks
    AU  - Liu Qing-yun
    Y1  - 2022/06/14
    PY  - 2022
    N1  - https://doi.org/10.11648/j.ijber.20221103.18
    DO  - 10.11648/j.ijber.20221103.18
    T2  - International Journal of Business and Economics Research
    JF  - International Journal of Business and Economics Research
    JO  - International Journal of Business and Economics Research
    SP  - 166
    EP  - 172
    PB  - Science Publishing Group
    SN  - 2328-756X
    UR  - https://doi.org/10.11648/j.ijber.20221103.18
    AB  - Importance of the regional collaboration is well understood by rising economic development of China as it has played a very important role in developing One Belt One Road initiative for regional advancement with Central Asia countries. With the fully implement of One Belt One Road initiative, which for the economic, culture and regional development cannot be overemphasized. However, there is currently a lack of research on the financial cooperation between those countries. This study aims to establish a new commercial bank risk behavior framework to analyze the financial situation in Central Asia countries, that is the risk-taking motivation, risk-taking decision, and risk-taking consequence correspondingly. Then used the data of 67 commercial banks in Central Asia from the year 2010 to 2020 based on the dynamic panel model to do the statistical testing. The major findings of this study expose that the commercial banks in Central Asia lack the risk-taking motivation, the risk-taking decision needs to be optimized and the risk-taking consequence need to be inhibited. To deepen financial cooperation between China and Central Asian countries, the study puts forward several policy suggestions. For example, both China and Central Asia countries should pay much attention to the risk-taking behavior of commercial banks, China and Central Asia should actively expand new cooperation areas and opportunities such as banking risk prevention.
    VL  - 11
    IS  - 3
    ER  - 

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Author Information
  • School of International Trade, Shanxi University of Finance and Economics, Taiyuan, China

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