Upload
cong-huy
View
217
Download
0
Embed Size (px)
Citation preview
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
1/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
IH A S
Tml mh` lm t`b ln `b v @m `l) _ht @na n`b th` t`b fl
tk`b ~s t`m eh` tmht) l`b `bmhz mn mh` h mn t `l `ma tmck ez ll`l tk`b ems vl v t` tm bhh. tml mh` tm`m l`b lmh` il `x) `ms ls
v v` s t i t i` v lz flm.. Tk`b ~s t`m ta eha v is` lmsx` `bs`
v`) ll `b` m`b tm`b ah `b vnh t lm lmt) mhs ~s mkt `b msx `b v`
ln ll `b` m`b l tm tl `b tl thz v a`m a i` tl t`b t`b `` eh`m
t. Tsx `mh` tk l `m`b fl lmsx` ah lmk `` eh`m t) l`b tl msx `b
v` ln ll `b` m`b n`b `b tl `mhs tmlm tml) em em` ah.
@m` tml l ta ~sn` t`b ln mkt `b msx `b v` ln ll `b` m`b
tm`b ah v ak`b as` ta mhs v ~sx t`m msx `b v` l`b `m tml t`b
mhs ~s ln mkt `b `x th ll `b` m`b _ht @na) tk`b tmh bhn` eh` tz
zm`b bhnk dlm @bsx` Lm Tmn`m) @MTALZ h ) lmh `m`m M @h) ca tml
mh` th `bmh` ls Tml t`b v bhh zmz ``b lnk mhs ~s mkt `b msx `b
v` th zm`b bhnk dlm @bsx` Lm Tmn`m) @MTALZ h ) lmh `m`m M @h. dh
| m`b d` ln T\. T` Tm I`b F`m v | bhz `mht t`m t l` f `m`vh` zm`b bhnk dlm.
_ et ls) th ba < lm`b7
Lm`b H7 L | i is` v v` v `bmhz v msx `b v` ln @MTA
Lm`b HH7 Tml t`b mhs ~s msx `b v` th ZBD @bsx` Lm Tmn`m)
@MTALZ h ) lmh `m`m M @h
Lm`b HHH7 At | bhh zmz ``b lnk mhs ~s msx `b v` th ZBD @bsx`
Lm Tmn`m) @MTALZ h ) lmh `m`m M @h.
Tvn`b >
mailto:[email protected]://luanvan.forumvi.com/mailto:[email protected]://luanvan.forumvi.com/8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
2/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
LM@B H7 L \ I IS@ _ _@ _ @BMHZ _ MSX @B _@
LN @MTA
>.> @BS@ _@ LN @MTA>.>.> L ls v` ln @MTA
>.>.>.> _` ln `b` m`b
I emk` v` tmsl | ms ln `b` m`b -l` bh i v` lm | ms() ` fnk
ba v` t l v v` lkh `m t l
n+ _` t l ba7
! _` hs i7 I emk` v` tmsl | ms ln `b` m`b) bmh tk`b f` hs i ln
`b` m`b) l m`m tm`m `bnx t emh `b` m`b tm`b ah l tm`m iz.
_` hs i l tm dk `m `l lz `s i `b` m`b tm`b ah ~sl dkn`m)
l tm i v` `b bz ln l `b `s i `b` m`b tm`b ah l zm`.
^sx a v` hs i ln `b` m`b i` mnx `m i tx vk ~sx a ln `b` m`b
v em`b l zmz `m m` v` zmz `m ~sx `m lmk `b` m`b . x i `bs`
v` dsx `mt `b` m`b l zmz | d`b vk al lm asn |a th |`) tn`b tmht f
fn` s lmk mkt `b ln `b` m`b v bz v` ih` dkn`m.
! ^s d t7 l m`m tm`m t 6 ~s i ~s d t f |s`b v` hs i v
~s d t l fht f z h k. Ll ~s `x l tlm t ih `ms` `b m`b `a
ln `b` m`b.
f+ _` lkh `m t l7
_` lkh `m t l fnk ba ll emk` v` ta tmh `m` h ln `b` m`b. x
i `m`b emk` v` l zm` f lmk `m`b al lm lmh ths `mt `m `m`b ta
tmh lmn l | d`b) v d7 ih `ms` lm zm` f) th` i`b lmn ` m` tmn`mtk` mkl ll ~s lmsx` d`b lmn l | d`b ` `m ~s emc` tm`b) ~s zml
ih) ~s ems mnk th |` l `m
>.>.>.6 _` msx `b
n+ Th` bh em`b e m`
I ikh th` bh a `bh bh th` l tm t n ft l il `k. Th` bh em`b e
m` l tk`b ll th emk` v`b inh. @bh bh th` l tm bh tma th` vk mkl
t n ft l il `k `` d`b th` `x lm l m`b ih |st t tmz mkl em`b l
Tvn`b 6
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
3/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
`b` m`b t ih `m`b h ih `bh bh th` l m`b ll dlm v tmn`m tk` ~sn
`b` m`b. Ll `b` m`b tma lm l` xs ls dsx t at | d th tmhs t` th
emk`.
Ms mt th emk` v`b inh s d`b th emk` l em ``b zmt m`m |l) tl i`b` m`b lmk zmz `bh lm th emk` l zmz zmt m`m |l tmn`m tk`. Lm`b
tm`b t` th ll d`b |ns7
! Th emk` |l
! Th emk` @KR -i`m t th` l tm lmsx` `m`b(.
! Th emk` th` bh tm t`b th` t -AADN|(
! Th emk` NT\ -Nstkanthl tn`|oc |x|tca nllks`t(
f+ Th` bh l e m`
I ikh th` bh a `bh bh lm l t n |ns at tmh m` `mt `m t at vh
tm`b ` vh `a. Al ih |st ln th` bh l e m` tm`b lnk m` th` bh em`b
e m` `m`b `bh bh th` em`b l m`b dlm v tmn`m tk` ~sn `b` m`b. Al
lm lm xs ln `m`b `bh bh th` i ix ih.
_ `bsx` tl) th` bh l e m` em`b l t n tl tmh m` |k`b tms mt
emlm m`b) ll `b` m`b v` lmk zmz t tl m`. Tsx `mh`) `bh bh th` t
tl m` | zmh lms at emk` zmt) lm`b m` lm l m`b ih |st f`b ih |st
em`b e m` mkl em`b m`b ih.
ll `l zmt th`) th` bh l e m` tm`b dh d`b ll lm`b lm th` bh
-Lcthohlntc ko dczk|ht LD() l` _ht @na tm`b dh mnh d`b7
! Th` bh l e m` tmck th emk`
! Th` bh l e m` dh m`m tml zmt m`m e zmhs `b` m`b.
l+ Th` bh tht ehaI emk` th` bh d`m ln l `m` l bh vk `b` m`b `ma al lm
m`b ih tmck `m e. Ll al ih |st t`b `b vh t`b e m` l `b` m`b
l`b f |`. Ll e m` tm`b i >) 6 tm`b mkl m` > `a. M`m tml zm
fh` v l h` `mt ln th` bh tht eha i ikh th` bh tht eha l |. Emh bh th`)
`b` m`b lz lmk `bh bh at ls` | d`b bmh `m` ll emk` th` bh vk v
th` t n. ^sx` | `x `b tmh l bh t `m at lm`b tm }l `m` v emk` th`
Tvn`b
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
4/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
bh. @bkh n) l` l `m`b m`m tml eml `m lm`b lm tht eha v th zmhs tht
eha.
_ht @na) th` bh tht eha fnk ba fn ikh |ns7
! Th` bh tht eha em`b e m`7 x i ikh th` bh tht eha a `bh bh th`l tm bh vk v t n tmck `ms ls | d`b a em`b l` fk tl lmk `b` m`b.
@b` m`b t ih lmk ikh th` bh `x `m`b t tmz. Ikh th` bh `x b` bh`b vh
th` bh em`b e m`) lm eml i ` is` l m`b ih) `m`b h ih em`b l
m`b ll dlm v tmn`m tk` ~sn `b` m`b. Bh th` d`b `x `ma a fk n` tk`
lmk emk` th`) d zm`b lmk ll `ms ls lmh ths tk`b tmh m` `b`) `b tmh l
m`b at lmt ih tmz.
! Th` bh tht eha l e m`7 I ikh th` bh tht eha l tmh m` bh l `m
tl. Ikh th` bh `x l`b t`b t `m th` bh l e m` ll ha i em`b l
zmz t tl m` -`s t tl m` | zmh lms zmt `m lm l m`b ih |st
em`b e m` mkl tma lm em`b l m`b ih() l m`b ih lnk m` ll d`b
th` bh em`b e m` v em`b l m`b ll dlm v tmn`m tk` ~sn `b` m`b. _h
d`b th` bh `x) `bh bh lm l bh th` vk at i` v t n at i` l v` i`
ih emh ` m`. Ah i` bh l lkh i at emk` th` bh h`b fht. Al th tmhs ln
ah i` bh th` dk t`b `b` m`b ~sx `m.
! Th` bh tht eha l al lm7 I m`m tml tht eha ts`b v dh m` `ma
al lm }x d`b `m . @bkh m`b ih) tm `bh bh th` l` l `b` m`b lmk
vnx `ma f |s`b tma v` lmk al lm }x d`b `m . Al lmk vnx th n f`b |
d th` bh tht eha.
Th` bh e m` v tht eha e m` i `bs` v` ~sn` t`b `mt ln `b` m`b
tm`b ah. x i `bs` v` t`b h ` `m v `b` m`b `a l `m`b e is`lmsx` ln v`) v vx `b` m`b l tm d`b lmk vnx `b` m`) ts`b m` mkl dh
m` s l.
_` th` bh i `bs` v` lmha t t`b lnk `mt tk`b t`b | `bs` v`) i
`bs` v` lm xs `b` m`b eh`m dkn`m. @ zm` `m f` lmt ln `b` m`b i h
vnx lmk vnx. Lm`m v vx a `bh tn bh `b` m`b tm`b ah i `b` m`b bh
th`.
>.>.>.< _` h vnx
Tvn`b 4
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
5/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
n+ _nx t @MTR
Ft e `b` m`b tm`b ah `k emh l @MTR lmk zmz tm`m iz mkt `b
s m`b ~sx` vnx th` th @MTR tk`b t`b mz tmhs d t mnx ~s tmhs th`
at. @MTR lz t` d`b lmk ll `b` m`b tm`b ah lm xs dh mnh m`m tml) i7
! Lmht ems mnx th lmht ems ll lm`b t l bh.
! Lmk vnx tm lmz mnx `b tl.
Dk vx) th` vnx @MTR l` bh i th` lmht ems mnx `b tl.
Mh` `nx) @M@@ _ht @na z d`b < m`m tml lz t` d`b |ns7
! Lmht ems) th lmht ems tm`b zmhs v ll bhx t l bh `b` m` eml.
! Lmk vnx l a fk f`b la l tm`b zmhs v ll bhx t l bh `b` m`
eml.
! Lmk vnx ih tmck m | t` d`b. Tm`b i ll m | t` d`b m t tmck xs
ls ln `` eh`m t) `m tms asn i`b tml) ``b |`5 d t vt t) `bsx` ihs5 |`
}st m`b mn }st ems tmsl dh` s th`....
f+ _nx `b` m` ll emk` d t t ll TLTD eml
Al lm lm`m ln ikh vnx `x i `ma a fk d t ft fsl tmck ~sx `m
ln @MTR. Tk`b ~s t`m mkt `b) at | `b` m`b tm`b ah l `m`b `bx
lmk vnx `mhs ~s d` ` | tmhs mt d t ft fsl th @MTR. Tk`b emh ih l
at vh `b` m`b tm`b ah eml tmn d t. a fk d t tmck ~sx `m ln
@MTR) `b` m`b tm`b ah tmhs mt d t | vnx ln `b` m`b tm`b ah l d
t d tmn. Tmh m` ln ikh lmk vnx `x t `b`) tm`b em`b ~s at ts`.
l+ _nx t ll l`b tx
ll `l zmt th`) `b` m`b tm`b ah l` l tm vnx tl thz t ll l`btx f`b ll m`m tml.
! _nx `b` m` f`b ll Mz `b asn ih7 Mz `b asn ih i mz `b tk`b
`b` m`b f` ll t` zmhs emk fl a ah`m n`b `a bh lmk ll t lml eh`m t
n`b ta tmh tmn th` at) ea tmck hs emk` asn ih | t` zmhs |ns at vh
`bx mnx at vh ts` vh al bh lnk m`. _ tml lmt) x i at l`b l vnx `
`b` m` -tm`b em`b ~s mnh ts`( ln ll `b` m`b tk`b | d`b t` zmhs emk
fl ia vt tm lmz. I`b th` at tms l t mz `b asn ih l }ca `m at
Tvn`b 3
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
6/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
emk` vnx ` `b` m`. ll `l zmt th`) tmh bhn` th n ln mz `b `x
tm`b em`b ~s mnh ts`.
! _nx t l`b tx a7 ll `l zmt th`) at l`b tx mkl at tz k` eh`m
dkn`m l tm i lm ln at mkl `mhs `b` m`b tm`b ah. Emh `b` m`b tm`bah zmt m`m th zmhs mnx bhx ` vnx th` t tm t`b) ` | lms | ~s` i v
`b fsl ln @MTR v d t) ih |st v tm tl5 tk`b emh ) `s l`b tx a tml
mh` hs `x) ` em`b lms ll `b fsl v f` tm` ` em`b zmh i at `b`
m`b tm`b ah. Dk vx) ll l`b tx a ln `b` m`b tm`b tmnx tm ` zmt m`m
th zmhs) l zmhs l`b tx mkl ll ikh tm`b zmhs msx `b v`) |ns lmsx`
v` msx `b l v lmk `b` m`b mkt `b dh m`m tml lmk vnx ih.
d+ _nx t tm t`b th lm`m tk`b `l
Ll `b` m`b tm`b ah l tm vnx t tm t`b th lm`m tk`b `l tm`b ~sn
zmt m`m ll lm`b t l bh `m7
! Lm`b lm th` bh l em ``b lmsx` `m`b -@LD|(7 Ll lm`b lm th` bh
l a`m bh i`) l tm asn h f` ih t` tm t`b emh lmn k m`. Tmh bhn` k
m` ln ikh lm`b lm `x tm`b em`b ~s ? tm`b e t `bx zmt m`m.
! Th zmhs `b` m`b7 At l`b l vnx ` dh m` ln `b` m`b t` tm t`b
lm`b emk`. Tmh m` vnx tm`b t 6 `a t i`. Ikh `x l tm asn h f` ih t`
tm t`b lm`b emk` emh lmn k m`.
c+ _nx `l `bkh
Ll `b` m`b tm`b ah l`b l tm ta eha `bs` v` mkt `b t vhl zmt
m`m zmhs ` vnx th` `l `bkh. Dk ikh th` | d`b tk`b tmn`m tk` ~sl t
mh` `nx i S\D `` vnx th` `l `bkh tm`b vnx f`b S\D.
`mhs `l -M` ^sl) _ht @na) Tmh In`...( vhl zmt m`m ikh th zmhsCsk Dkiin| -th` bh f`b S\D ll `b` m`b mkl lmh `m`m `b` m`b em`b
tmsl `l A( lm l bhh m` vk at | `b` m`b l fht `m @b` m`b `bkh
tm`b) @b` m`b }st `mz ems.
>.>.>.4 Ll `bs` v` eml
! _` th t) v` s t zmt th`) v` x tml s t lmk vnx tmck ll lm`b
t`m) d ` }x d`b)...
Tvn`b ?
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
7/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
! _` m`m tm`m tk`b ~s t`m mkt `b ln `b` m`b) v d `m t`b `bmhz
v ~sn ih `b `bmhz) tk`b `bmhz v ts`b bhn` ln `b` m`b -th` e ~s ln
emlm m`b a fk tmn`m tk` tk`b zm`b tml tmn`m tk` tk` t` d`b lm`b t
! I+L(.>.>.6 _nh t ln v` tk`b mkt `b ln @MTA
L`b `m ah ` v eh`m dkn`m eml) as` mkt `b eh`m dkn`m `b` m`b
tm`b ah zmh l l | s th` i v`. _` `b vnh t v l`b ~sn` t`b tk`b
mkt `b ln @MTA.
Tm `mt) v` i l | ft e at ikh m`m dkn`m `bmhz `k l tm th` m`m
mkt `b eh`m dkn`m. M` `n) vh l t`b ln mkt `b `b` m`b) v` em`b lm
i zm`b th` eh`m dkn`m a l` i h t`b eh`m dkn`m lm xs. T` tml t) `b`
m`b `k l emh i`b v` i` m` tm `b` m`b l ih tm l`m tn`m m` tk`b
eh`m dkn`m.
Tm mnh) v` `m m`b tl thz ` ~sx a ll mkt `b ln `b` m`b tm`b
ah. _` `m m`b i` ` vhl a `b mnx tms mz t` d`b) mkt `b fk i`m)
eh`m dkn`m `bkh t mnx tk`b mkt `b tmn`m tk` ln `b` m`b tm`b ah.
Tm fn) v` i xs t ~sxt `m ``b il tmn`m tk` v a fk sx t` ln `b`
m`b t` tm t`b. Eh`m dkn`m th` t i at i`m vl eh`m dkn`m lmn `b t `mhs
h k) fh vx sx t` h vh emlm m`b i v l`b ~sn` t`b h vh emlm m`b. Msx
`b v` tt v | d`b v` mhs ~s) a fk em ``b tmn`m tk` lm`m i fhs mh`
tm mh` lm t` v tk `ha th` ln `b` m`b lmk emlm m`b.
@m vx) v` `b vnh t lm lmt) ~sxt `m ``b il l`m tn`m v mhs ~s
mkt `b eh`m dkn`m ln `b` m`b.
Tk`b l ls v` ln `b` m`b) v` t l lm lmha emk`b >:# l` ih i v`msx `b v ll `bs` v` eml. @m vx) v` t l bh vnh t ~sn` t`b tk`b vhl
tm`m iz `b` m`b) `m`b |ns emh h vk mkt `b) v` msx `b `b vnh t v
l`b ~sn` t`b tk`b mkt `b eh`m dkn`m ln `b` m`b. ^sx a `bs` v` msx
`b ~sxt `m th ~sx a s t) lmk vnx) v `m m`b i` ` tms `mz ln `b`
m`b. _` msx `b l lkh `m i ` fx eh`m dkn`m v mhs ~s mkt `b msx
`b v` i at tk`b `m`b xs t ~sxt `m ` | tm`m fh ln `b` m`b tm`b
ah tk`b i`m vl eh`m dkn`m th` t.
Tvn`b 2
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
8/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
>.6 MKT @B MSX @B _@ LN @MTA
>.6.> Emh `ha v mkt `b msx `b v` ln @MTA
Mkt `b msx `b v` ln ll `b` m`b tm`b ah i mkt `b a tk`b
ll `b` m`b `x ta eha `bs` v` em d`b t ll lm tm eml `ma a fk |v` m`m f`m tm`b) mhs ~s ln f` tm` ` tmck `b ll ~sx `m zmz ist
@bmhz v msx `b v` an`b ih `bs` v` lmk `b` m`b tml mh` ll `bmhz
v eh`m dkn`m eml. Em`b l `bmhz v msx `b v`) @MTA | em`b l v` th
t lmk mkt `b eh`m dkn`m ln a`m. At eml) tm`b ~sn `bmhz v msx `b v`)
@MTA l tm k i`b l | t` `mha ln emlm m`b h vh `b` m`b.
>.6.6 Zm` ikh ll m`m tml msx `b v`
>.6.6.> L` l tmck tmh bhn`
n+ Msx `b v` `b` m`7
x i m`m tml msx `b lm xs tk`b ll `b` m`b tm`b ah tm`b ~sn
vhl zmt m`m ll l`b l ` `b` m` t` tm t`b th` t v ll `bmhz v `m`
th` bh `b` m`) th` bh tmn`m tk`... Dk tmh m` `b` `` ih |st msx `b `b`
m` tm`b tmz) tsx `mh` t`m ` `m ih ea..
f+ Msx `b v` ts`b m`7
Msx `b v` ~sn zmt m`m ll l`b l ` ts`b m` t` tm t`b v` mkl
`m` th` bh ts`b m` -t > ` 3 `a(. _` msx `b `x `b` m`b l tm | d`b
t`b h dh v tms` th`) tsx `mh` ih |st tm`b lnk m` `bs` `b` m`. @bs`
ts`b m` t ~sn` t`b v l` tmht `b` m`b tml mh` ll mkt `b s t) tmnx
h l`b `bm v lmk vx ts`b) dh m` vh ih |st lnk.
l+ Msx `b v` dh m`7
Mkt `b msx `b v` dh m` t` tm t`b v`) vh `bs` msx `b `x`b` m`b l tm | d`b d d`b) l t`m ` `m lnk -t 3 `a t i`() dk vx ih |st
a `b` m`b zmh t l`b t lnk.
v dh m`7 msx `b v` ts`b v dh m`) @MTA l tm zmt m`m e zmhs)
l zmhs) th zmhs.
>.6.6.6 L` l tmck h t`b msx `b
n+ Msx `b v` t d` l
Tvn`b =
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
9/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
x i at ems vl msx `b x tha ``b lmk ll `b` m`b. @b` m`b msx
`b ll emk` th` `m` h ln d` lm`b v |ns lmsx` ` lmk `m`b `bh l`
v` a `b s t) eh`m dkn`m. @bs` msx `b t d` l tm`b em ` `m.
f+ Msx `b v` t dkn`m `bmhz v ll t lml } mhx i `bs` msx `b l `m bh i t i`) lmha t t`b lnk tk`b t`b
`bs` v`. tht eha tmh bhn` v lmh zm tk`b tmn`m tk`) ll dkn`m `bmhz d i`
mnx `m s l th emk` tk`b `b` m`b. Dk lms e t th` ln ll dkn`m `bmhz v
ll t lml } mh em`b bh`b `mns `` `b` m`b is` l tk`b tnx at emk` th`
i` | d`b at llm t`b h tms` ih. Tsx `mh`) i` ln emk` th` `x zm
tmsl vk ll dlm v) th` lm a `b` m`b an`b ih emh emlm m`b | d`b dlm v.
hs `x emh` lmk vhl msx `b v` t ll dkn`m `mhz v t lml } mh b` ih` vh
vhl a `b) lh th` ll dlm v `b` m`b.
l+ Msx `b v` t `b` m`b v ll t lml t` d`b eml.
Emh }st mh` vhl tmhs mt d t mnx em ``b tmn`m tk` f c dn) ll `b`
m`b tm`b ah l tm vnx i` `mns tm`b ~sn ll th emk` th` bh l a i` `mns
ll `b` m`b. @b` m`b ts`b `b i `bh lmk vnx lsh l`b ls ll `b`
m`b tm`b ah l `bsx l zm |`. Msx `b v` t ll `b` m`b v t lml t`
d`b eml tsx em d d`b `m`b | i`b tm`b em`b `mhs v lmh zm msx `b lnk
m`. Dk vx) m`m tml `x ll `b` m`b | d`b em`b `mhs.
>.6.6.< L` l tmck f` lmt ll `bmhz v msx `b v`
n+ Msx `b v` ~sn `bmhz v `m` th` bh
! Msx `b th` bh em`b e m`
! Msx `b th` bh l e m`
! Msx `b th` bh tht eha l e m`! Msx `b th` bh tht eha l tmh m` dh
f+ Msx `b v` ~sn `bmhz v h vnx
! _nx t ll t lml t` d`b
! _nx t `b` m`b ts`b `b
l+ Msx `b v` ~sn zmt m`m ll l`b l `
vnx t` tm t`b) `b` m`b l tm zmt m`m th zmhs `b` m`b v e
zmhs.
Tvn`b 8
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
10/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
! Th zmhs `b` m`b7 I at bhx t l bh) }l `m` emk` ` ln emlm m`b
h vh `bh lm `b` m`b vh `m`b lna et `m tmn`m tk` at | th` }l `m
vk at `bx }l `m tk`b t`b inh vh tmh m` }l `m lmk tl. Th zmhs l
zmt m`m tk`b tk` f m tm`b `b` m`b) lm xs i msx `b v` ts`b v dhm`.
! E zmhs7 I at ikh bhx t l bh `b` m` dk `b` m`b zmt m`m `ma msx
`b v` tk`b d`) lm xs zml v lmk `m`b e mklm eh`m dkn`m }l `m ln
`b` m`b `m at d `) at lm`b t`m eh`m t...
d+ Msx `b v` ~sn ll m`m tml eml.
t`b l`b msx `b v` `m` h t d` l) ll t lml eh`m t) ll dkn`m
`bmhz) ll `b` m`b tm`b ah l` | d`b ll m`m tml eml v dlm v } mh7
ia dlm v fk i`m) h i zmt m`m lm`b emk`) ts`b bhn` tmn`m tk`) s ah
tk`b mz `b th t....
>.< MHS ^S MSX @B _@ LN @MTA
>. Emh `ha v mhs ~s msx `b v`
Mhs ~s msx `b v` l tm mh` em ``b z `b lnk `mt `ms ls |
d`b v` ln `b` m`b. i | z `b at llm ez tmh) x `ms ls | d`bv` al lmh zm mz i `mt.
>.. Lmh zm msx `b v`+ t`b v` msx `b.
Lmh zm msx `b fnk ba lmh zm ih -t`m dn t` ih |st `b` m`b l`b f lmk
emlm m`b( v lmh zm `bkh ih -lmh zm eml ih` ~sn` ` mkt `b msx `b v`
`m7 lmh zm ~s` i) lt bh) fk ~sn`) i`b l`b `m` vh`)....(.
@m vx) emh }ca }t mhs ~s msx `b v`) lmh zm lmk at `b v` zmh mzi) a fk ll emk` tms `mz l tm f z l lmh zm `x v l ih `ms` lmk
`b` m`b. Lm ths `x l`b tmz tm msx `b v` l`b l mhs ~s. Tsx `mh` l`b
zmh tmx `b bha lmh zm msx `b v` tm zmh bha ih |st v l ll lmh zm ih`
~sn` al th s `mt. _hl n n at ih |st mz i i t ~sn` t`b) ih |st em`b
~s lnk a fk ih lm `b` m`b) l`b em`b ~s tmz tms mt l emlm
m`b. `b tmh bha ll lmh zm `bkh ih l`b | ``b lnk mhs ~s msx `b v` ln
`b` m`b.
Tvn`b >:
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
11/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
>....882() Zmz i`m `b` m`b) mz tl } v l`b tx th lm`m
->88:() Ist `b` m`b @m `l _ht @na ->88=() ll lm tm) tm`b t..... Tk`b ~s
t`m msx `b v`) ll `b` m`b zmh tsxt h ts` tm ll ~sx `m `x.
f+ T`m m`m lm`m t) eh`m t) } mh tk`b v `bkh `l
T`m m`m lm`m t tk`b v `bkh `l l tl `b t v a`m a ` mkt
`b `b` m`b. Lm`m t ft ` is` ek tmck t`m t`b mkt `b v` ln `b` m`b
f t t fh `bh d` at i`b th`. @bl ih) | ` `m tk`b f ax i`m k | iall `b` m`b tm`b ah msx `b v` d d`b m`.
l+ Ta i) tmh ~sc` ths d`b ln `bh bh th`
Tz ~s` ths d`b ln `bh d` l ta `m m`b ~sn` t`b th vhl msx `b
v` ln `b` m`b. Emh `bh d` l tmh ~sc` bh th` vk `b` m`b tmnx v lt t
th` at tk`b `m) vhl msx `b v` ln `b` m`b | d d`b m` t `mhs. F`
l`m ) tmh ~sc` tmn`m tk` emh asn m`b l`b bz zm` ia t`b bha `bs` v`
msx `b. `m`b `l d` lm`b ~sc` vh vhl tmn`m tk` f`b th` at lm
Tvn`b >>
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
12/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
em`b tmn`m tk` ~sn `b` m`b vhl msx `b ll `bs` v` `b` m` f`b th emk`
tmn`m tk` ln `b` m`b l`b bz `mhs em em`.
>.
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
13/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
6.> T@B ^SN@ _ ZM@B BHNK DLM @BSX@ LM TMN@M) @MTALZ
H ) LMH @M@M M @H
6.>.> ^s t m m`m tm`m v zmt th`
n+ @b` m`b TALZ h @b` m`b TALZ h -DnhN fn`e( l tm`m iz v h vk mkt `b t `bx
88 t `b v`
hs i) ` `nx h @b` m`b th ~sn >= `a zmt th` vt fl. _h v` hs
i7 :: t `b v a`b ih mkt `b ba 32 lmh `m`m v Zm`b bhnk dlm t` l
`l
f+ @b` M`b TALZ h !ZBD @bsx` Lm Tmn`m
n lm dkn`m `bmhz7 >>= @bsx` Lm Tmn`m) Z. I`b Tm`b) ^. `b n) M
@h
h` tmkh7 -=4!4( >= @bsx` Lm Tmn`m) ~s` Fn `m.
T`m ` mh` th @b` m`b h Lmh `m`m M @h l >4 ha bhnk dlm
tk`b l :> lmh `m`m v >< Zm`b bhnk dlm tl tmsl. @m vx) tl zmt th`
a`b ih ZBD ln @b` m`b h i t`b h tt.
L`b vh ll lmh `m`m) zm`b bhnk dlm eml tk`b m tm`b DnhNFn`e) zm`b
bhnk dlm @bsx` Lm Tmn`m ! lmh `m`m M @h mkt `b vh ll lml ``b7 @m`th` bh f`b _@) `bkh t5 lmk vnx zml v |` }st) eh`m dkn`m v ths d`b5 dlm
v tmn`m tk`) lmsx` th`) lmsx` th` `mn`m Rc|tc` S`hk`5 tms h `bkh t5 dlm v
NTA ZBD `x l et `h tl tsx` vh mh | v tt l ll lmh `m`m) zm`b bhnk
dlm tk`b m tm`b. Emlm m`b l tm bh th` v t th` ah `h tk`b m tm`b
DnhNFn`e) l ls`b lz ll dlm v ~sn `b` m`b h` t -\A\ fn`eh`b) h`tc`ct
fn`eh`b...(.
6.>.6 L ls t lml v ~sx a
Tvn`b >
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
14/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
Ah l tm`m iz t s `a 6::8) ZBD @bsx` Lm Tmn`m l l ls t lml `
bh` `m`b mhs ~s. ZBD ba 2 l` f `m` vh`7 > Bha l) > Eha |kt vh`) 6
L` f ~sn` m emlm m`b) 6 Bhnk dlm vh` v > ^s` i t` d`b.
Bha l7 @bh l ~sx` m` lnk `mt ZBD) `bh l fn` bha l `b`m`b x ~sx` tl thz ~sxt `m) tml mh` vhl e et ll mz `b) v` f` ih`
~sn` ` mkt `b ln ZBD.
Eha |kt vh`7 Eha tn t`m mz zmz) ts`b tml) l` t`b ln `m` vh`
tk`b ZBD5 tma `m fk lk et ~s mkt `b eh`m dkn`m v ll fk lk eml tl
emh t`m i` lz t`5 eh` `bm vhl |n h) f |s`b l ls ~s` i) hs m`m l`b
vhl eh`m dkn`m ln ZBD.
L` f ~sn` m emlm m`b7 Ta eha v a `b ~sn` m vh emlm m`b) fnk
ba l mkt `b msx `b v` v lmk vnx. Tma `m m | t` d`b ln emlm m`b
vnx v`) ta eha v dsx t `bs` v` msx `b.
Bhnk dlm vh`7 Tml mh` ll bhnk dlm th` at th ~sx lmk emlm m`b l `ms
ls) tml mh` ll dlm v lmsx` th` tk`b v `bkh `l) `m` th` bh) ia tm tl
a | tht eha) a th emk` tm lmk emlm m`b)....
^s` i t` d`b7 ^s` i t`m t`b ` ln emlm m`b -` ~s m`) ` }s)...(.@ml `m emlm m`b v tmh m` t ih vnx v v` bl) eha |kt t`m m`m | d`b
v` ln `bh vnx -vhl | d`b v` vnx `b al lm) `b ~sx t`m)...(
6.>.< Et ~s mkt `b eh`m dkn`m.
T`m m`m mkt `b eh`m dkn`m ln ZBD |ns mnh `a mkt `b -6::8!6:>:(.
` v7 Ths `b
Lm ths @a 6::8 @a 6:>:
T`b t`b 6::3 +
6::4 -#(
Msx `b v` 3>.43= ?6.6>)>?
@h t 4 34.?62 >64)23
@bkh t 2.??2 2.2>= >::)?2
\ d`b v` 4=.3:: 33.8>: >>3)6=
@h t 46.86: 48.=8: >>?)64
@bkh t 3.3=: ?.:6: >:2)=8
Tvn`b >4
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
15/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
@bs`7 Zm`b ~sn` m emlm m`b) ZBD @bsx` Lm Tmn`m) lmh `m`m M @h) `b`
m`b TALZ h
@m vx) |k vh `a 6::8) t`b | v` msx `b v | v` | d`b f`b _@D v
`bkh t -lm xs i S\D( ln ZBD s t`b. Tk`b ) tl t`b ln v` msx `bi i` m`) emk`b >6:#) tl t`b t`b t` d`b al emk`b >3:#. \ t`b
t`b `x lm xs i `m t`b t`b tk`b msx `b v | d`b v` f`b _@D) t`b
t`b h vh `bkh t ms `m em`b `b e.
Ih `ms` t l
Lm ths
@a 6::8 @a 6:>:
\ d-ths `b(
Zm` ta-#(
\ d-ths `b(
Zm` ta-#(
T`b dkn`m tms ?.:3= >::):: =.28: >::)::
Tms t ih t` d`b 4.64> ?8)32 3.2>4 ?3):>
Tms t dlm v >.=>2 )6> 3.3== =3)::
Lmh zm ls`b lz
dlm v8=)28 8=? >3)::
Ih `ms` tl
tms>.>:= >.=:) ZBD @bsx` Lm Tmn`m) lmh`m`m M @h) `b` m`b TALZ h .
Tk`b `a 6:>:) t`b dkn`m tms) lmh zm v ih `ms` tl tms s bhn t`b tm
mh` at | t`b t`b v ~sx a mkt `b ln ZBD @bsx` Lm Tmn`m. T i ih
`ms` tl tms |k vh dkn`m tms ln ZBD vk emk`b b` 6:#) x i al em lnk
|k vh at f`b lms`b ln `b`m.
Dkn`m tms ln ZBD l `b bz lm xs f`b `bs` tms t ih t` d`b) `a
6::8 `bs` `x lmha th 2:#) |n`b `a 6:>: t i `x bha }s`b l` ?3#5 `bs`
Tvn`b >3
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
16/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
tms l` ih i t zm dlm v `m dlm v tmn`m tk` ~sl t) tms t lm`m ilm t bh) zm
lmsx` th`)... Lmh zm ih lmha zm` i` tk`b t`b lmh zm ln `b` m`b) =># tk`b
`a 6::8 v =3# tk`b `a 6:>:) `bsx` `m` ln | bhn t`b t t`b `x zm` i`
i v at f`b ih |st `a 6:>: t`b `b e |k vh `a 6::8 et mz vh | bhn t`bln `bs` v` msx `b l ln ZBD5 zm` lmh zm l` ih i t lmh zm zmt |h`m
tk`b ~s t`m ls`b lz dlm v lmk emlm m`b `m lmh zm at f`b) lmh zm h`
`l) lmh zm `m` vh`) ..... emk`b t m` 6:# tk`b t`b lmh zm.
6.6 TML TV@B MHS ^S MKT @B MSX @B _@ TH ZM@B
BHNK DLM @BSX@ LM TMN@M) @MTALZ H .
6.6.> L ls `bs` v` msx `b
6.6.>.> Tl t`b t`b v` msx `b.
@a 6::8 l`b i `a s th` h vk mkt `b) t`b `bs` v` msx `b l
ln ZBD @bsx` Lm Tmn`m i 3>) 43= t `b. \ns at `a) | v` `x t`b i`
?6)> t t`b `b vh m` 6>#. x l }ca i at tm`m l`b
i` h vh at ZBD ah l tm`m iz.
6.6.>.6 L ls msx `b v` tmck h t`b msx `b
` v7 Ths `b
Lm ths
@a 6::8 @a 6:>:
\ dT t`b
-#(\ d
T
t`b -#(Th` bh ln ll
t lml eh`m t>?.63: .3= 64.66> 3
Zmt m`m lll`b l `
: : : :
T`b 3>.43= >:: ?6.::@bs`7 Zm`b ~sn` m emlm m`b) ZBD @bsx` Lm Tmn`m)lmh `m`m M @h)
`b` m`b h ls`b lz
@bs` v` ln ZBD @bsx` Lm Tmn`m lm xs i t mnh h t`b lm`m i ll
t lml eh`m t v emh d` l. L`b `m ll `b` m`b tm`b ah eml) `bs` v`
lmha t t`b lnk `mt tk`b t`b | v` msx `b i t ems d` l) lmha m` ?=#
vk `a 6::8 v ?># `a 6:>:. Thz tmck i `bs` th` bh ln t lml eh`m t) lmha
Tvn`b >?
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
17/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
emk`b >+< t`b v` msx `b ln ZBD. Zm`b bhnk dlm ms `m em`b zmt m`m ll
bhx t l bh mnx ll l`b l ` v m` lm v ~sx a.
Tk`b `a 6:>:) | d th` bh ln l 6 ems vl msx `b s t`b lm`b t |
tm`m l`b tk`b vhl t`b ~sx a msx `b th` bh ln ZBD. Tsx `mh`) l | tmnxh tk`b l ls. T t`b th` bh t ems d` l bha emk`b 2#) `bl ih `b bz
ln th` bh t t lml eh`m t t`b emk`b 2#) ZBD v` lmn tml mh` vhl zmt m`m
l`b l `. @m vx l | t`b t`b tk`b ~sx a v` msx `b v | lmsx` dlm
`m tk`b l ls v` tmck h t`b emlm m`b msx `b ZBD @bsx` Lm Tmn`m)
lmh `m`m M @h ln @MTALZ h .
6.6.>.< L ls msx `b v` tmck e m`
` v7 Ths `b
Lm ths
@a 6::8 @a 6:>:
\ dT t`b
-#(\ d
T t`b
-#(_` em`b
e m`4.?8< 8)>6 3.=68 8).?2= .
T`b 3>.43= >:: ?6.::@bs`7 Zm`b ~sn` m emlm m`b) ZBD @bsx` Lm Tmn`m)lmh `m`m M @h)
`b` m`b h ls`b lz
Tmck e m`) `bs` v` ZBD @bsx` Lm Tmn`m l lmhn tm`m v` em`b e
m` v v` l e m`. M`m tml e m` ZBD t n d`b z `b `ms ls bh th`
ln emlm m`b. Ll al e m` ba l >) 6) < ts`) >) 6) 6) >=) 64 v `a lmha t t`b
Tvn`b >2
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
18/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
i` `mt) emk`b b` 8:#. x l`b i l ha lms`b ln ll `b` m`b tm`b ah
eml) `bs` v` `x lmk zmz ZBD tz ts`b vk ll emk` t` d`b `b` m` v at
zm` lmk vnx ts`b v dh m`. _` ts`b v dh m` i `m`b `bs` v` l e m` t`
> `a) i`b v` `x t t) lm lmha emk`b 6 ` < # ZBD @bsx` Lm Tmn`m)x i `bs` v` t ` `m) l tm | d`b ih`m mkt lmk `mhs al lm eml `mns v
l tm | d`b lmk vnx mkl s t dh m`.
\ns mnh `a mkt `b) l at | tmnx h `m tk`b l ls e m` v` ln ZBD.
T t`b v` em`b e m` v `b` m` t`b `m) emk`b :)6# h vh v` em`b e
m` v :.=# h vh v` e m` `b`. Tk`b emh ) v` ts`b v dh m` bha m` >#.
Tsx tmnx h `x em`b i` `m`b l`b tm mh` em em` mh` `nx ln ll `b` m`b
tm`b ah _ht @na `h lms`b v ln ZBD `h h`b tk`b v` tms mt `bs` v`
ts`b v dh m` tml mh` ll emk` t` d`b v s t is dh m`.
6.6.>.4 L ls msx `b v` tmck ikh th`
` v7 Ths `b
Lm ths
@a 6::8 @a 6:>:
\ dT t`b
-#(\ d
T t`b
-#(
@h t 4 =3)>: 34.?62 =2)?6
@bkh t ~sx
h n `h t2.??2 >4)8: 2.2>= >6).43= >:: ?6.::
@bs`7 Zm`b ~sn` m emlm m`b) ZBD @bsx` Lm Tmn`m)lmh `m`m M @h) `b`m`b h ls`b lz
Tmck ikh th`) `bs` v` msx `b fnk ba `h t _@D v `bkh t -lm xs i
S\D(. ZBD @bsx` Lm Tmn`m msx `b v` lm xs i t _@D) `bs` `x lmha
m` =3# tk`b `a 6::8 v b` ==# tk`b `a 6:>:. T t`b v` `h t msx `b
t`b t`b `b vh v` msx `b f`b `bkh t bha }s`b) t >4)8# `a 6::8 l`
>:.
Tvn`b >=
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
19/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
6.< Lmh zm msx `b v`
6. Ih |st msx `b
n+ Ih |st msx `b _@D
Tmh bhn` vn ~sn) l`b `m ll `b` m`b tm`b ah eml) a fk em``b l`m tn`m t` tm t`b th` t) `b` m`b h th` m`m t`b ih |st. Ih
|st msx `b _@D t`b t al dh >:#+ `a vk s `a 6::8 ` emk`b
>>)3#+ `a vk lsh `a 6:>:. Mh` `nx) ih |st i b` >4# v ZBD @bsx` Lm
Tmn`m n`b z d`b fhs zm ih |st msx `b `m |ns7
@bs`7 Rcf|htc lm`m tml ln `b` m`b h
mttz7++rrr.dnhnfn`e.lka.v`+Dconsit.n|z};lti1/tnf1/lhd1>>8/zhd13,onbac`t!2:
f+ Ih |st msx `b `bkh t S\D
s `a 6::8) ih |st msx `b S\D ln `b` m`b h vk emk`b ?2 >4.::::6 ts` >.>?2 >4.::::< ts` >.>?2 >4.:::
E m` > tm`b >.>?2 >4.:::E m` 6 tm`b >.>?2 >4.:::E m` < tm`b >.>?2 >4.:::E m` ? tm`b >.>63 >.>63 >6 tm`b >.>?2 >4.:::
E m` >< tm`b >.>?2 >4.:::E m` >= tm`b >.::: >6.:::E m` 64 tm`b >.::: >6.:::E m`
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
20/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
@bs`7 Rcf|htc lm`m tml ln `b` m`b TALZ h
mttz7++rrr.dnhnfn`e.lka.v`+Dconsit.n|z};lti1/tnf1/lhd1>>8/zhd13,onbac`t!2>
6. ts` :.:=< >.::::6 ts` :.:=< >.::::< ts` :.:=< >.:::
E m` > tm`b :.>?2 6.:::E m` 6 tm`b :.>?2 6.:::E m` < tm`b :.>?2 6.:::E m` ? tm`b :.>?2 6.:::E m` 8 tm`b :.>?2 6.:::E m` >6 tm`b :.>?2 6.:::E m` >< tm`b :.>?2 6.:::E m` >= tm`b :.>?2 6.:::
E m` 64 tm`b :.>63 >.3::E m`
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
21/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
:) t`b b` >> t
`b) t`b `b m` 6># |k vh `a 6::8.
! M`m tml msx `b v` ln ZBD l`b t n d`b) zm mz vh `ms ls) tm
mhs emlm m`b. Zm`b bhnk dlm tms mt l `mhs h t`b emlm m`b f`b ll
e m` bh th` zmk`b zm -em`b e m`) ts`) tm`b) `a)...() ih |st ih`m mkt `m`b
v` tk`b zma vh l zmz ln @MTR et mz vh ll m`m tml t`b ~s) emsx`
ah emsx` emlm `bh bh th`. ZBD tm`m l`b tk`b vhl vn tms mt l
emlm m`b ah a v` a fk xs ls mhs ~s tk`b eh`m dkn`m zmt th` `
`m is dh.
! ZBD ia tt l`b tl tms lmh th` at v tmn`m tk` `mn`m `mx) n` tk`)
lm`m }l tmck xs ls ln ll ` v eh`m t. @m vx) t i v` msx `b t ll `
v eh`m t t`b t .3=# `a 6::8 ` :) t`b `b
emk`b b` = t `b
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
22/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
LM@B HHH7 BHH ZMZ @@B LNK MHS ^S MSX @B _@ TH
@MTALZ H ) ZM@B BHNK DLM @BSX@ LM TMN@M) M @H. `m m`b msx `b v`
! Tk`b `m`b `a th) ZBD @bsx` Lm Tmn`m l` l fht ~sn` ta x a`m
l`b tl `bs` v`7 l b`b dsx t v t`b t`b `bs` v` mh` l) lm `b `bmh`
ls tm t`b l zm`b ` ah mz i. Tk v` tm`b ~sn ll `bmhz v tmn`m
tk` i m`m tml msx `b v` mhs ~s `mt) fh em`b lm l lmh zm t ih tmz a
l` an`b ih `bs` tms dlm v `b e lmk @b` m`b.
! Tml mh` lmh` il msx `b v` zmh is` h h vh lmh` il | d`b v`)
`s em`b | bx z il i` v lmh zm v ia bha mhs ~s mkt `b msx `b v`.
! Thz tl n d`b mn ll m`m tml bh th` vh ll al ih |st ih`m mkt v mz
d` emlm m`b tms mt `bs` v` t `mhs tm`m zm` eh`m t) `mhs h t`b
emlm m`b.
! ]x d`b m`m `m z ln ZBD tk`b i`b emlm m`b tk d`b `ha th` v
ah ~sn` m is dh) tk ih tm l`m tn`m h`b l h vh ZBD) ll lmh `m`m `b`
m`b eml.
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
23/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
L e mklm tsx` d`b v k tk `m` vh` bhh -k tk lmsx` a`) e ``b
aa) `bkh `b)...() l lm h `b tm`m tlm lms`b emsx` emlm `m` vh`)
t`b mhs ~s l`b vhl
! ]x d`b v` mn dkn`m `bmhz7 _` v` mn dkn`m `bmhz i at tk`b`m`b xs t l f` tl `b `mhs ` et ~s eh`m dkn`m `h lms`b v et ~s msx
`b v` `h h`b ln `b` m`b. ]x d`b v` mn dkn`m `bmhz i`m a`m) tmh
ln `m` vh` `b` m`b ilm |) `b al lm`m i }x d`b f at) sx t` ln ZBD
h vh emlm m`b) l fht i h vh at ZBD ah l tm`m iz `m ZBD @bsx`
Lm Tmn`m. @ | i th |` v m`m) i `bs` il tk n ih tm l`m tn`m) tk `ha th`
lmk emlm m`b ` bh th`) tml x t`b t`b `bs` v` msx `b.
Lm h `b l`b f`b) emc` tm`b dn t` mhs ~s l`b vhl.
Lm t`b ll mkt `b k` tm `ma tk ah ~sn` m b` f bhn l` f)
`m` vh` tk`b ZBD v tk em`b em tmkh ah |ns bh ia lmk `m` vh`.
Tvn`b 6
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
24/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
ET IS@
@bmhz v msx `b v` is` i at tk`b `m`b `bmhz v l f`) ~sn` t`b
`mt v tl `b tl thz ` et ~s eh`m dkn`m ln `b` m`b tm`b ah. L`b tl`bs` v` l tml mh` tt v t mhs ~s lnk tm ah l tm ia bhn t`b ih `ms`
v a fk | zmt th` ` `m) f` v`b lmk ll `b` m`b. Fh vx) l`b tl `x
is` `m` l | s t) lm t`b ln zm`b bhnk dlm @bsx` Lm Tmn`m) @MTALZ
h ) lmh `m`m M @h. ^sn ~s t`m eh` tz `a ts` zm`b bhnk dlm) th `m`
tmx) h vh ZBD @bsx` Lm Tmn`m) tmh bhn` tm`m iz v h vk mkt `b m` mnh
`a em`b zmh i dh `m`b ZBD t l `m`b tm`m l`b `b e tk`b mkt
`b msx `b v`. Al d l` t` th at | em em` `m`b tk`b t`b inh) l`b
tl msx `b ln zm`b bhnk dlm mn m` | bt mh `mhs tm`m l`b m` `n `m |
~sn` ta `b al t lz t` l`b `m ` il ln l` f `m` vh` `b` m`b.
TH IHS TMNA EMK
Tvn`b 64
8/2/2019 Thc trng v gii php nng cao hiu qu hot ng huy ng vn ti phng giao dch Nguyn Ch Thanh, NHTM
25/25
Canhi7 isn`vn`=4Jbanhi.lka dkr`iknd is v` tnh isn`vn`.oksavh.lka
>. Bhk t`m @b` m`b tm`b ah[ ZB\. T\. @bsx` _` Th`
6. Bhk t`m `bmhz v eh`m dkn`m `b` m`b [ Ml vh` `b` m`b
:(4. Rcf|htc lm`m tml ln @MTALZ h 7 mttz7++rrr.dnhnfn`e.lka.v`+
3. At | th ihs eml
F@B E MHS _HT TT
>. @MTA7 @b` m`b tm`b ah
6. @MTALZ7 @b` m`b tm`b ah l zm`