Bank liquidity creation research: A bibliometric analysis of structure and trends
Authors
-
Nguyen Kim Chi
Kimchi.ffb@gmail.com
Industrial University of Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0000-0002-8388-4774
- Vo Xuan Vinh
University of Economics Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0000-0002-3868-8176- Nguyen Thanh Phong
University of Economics Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0009-0004-5893-7688DOI:
10.46223/HCMCOUJS.econ.en.16.5.4542.2026Keywords:
bibliometric analysis; co-occurrence analysis; LC; VOSviewerJEL Classification:
G21; G28; G19Abstract
This study conducts a comprehensive bibliometric analysis of research on bank liquidity creation, based on 215 Scopus-indexed publications. Using VOSviewer and Bibliometrix (in R), we systematically map the field’s structural evolution, core research themes, and emerging trends. Our results reveal a notable surge in scholarly output since 2015, with China, the USA, and the UK leading in research contributions. Thematic clustering confirms that liquidity creation remains the central theme, with interconnected research streams exploring its links to bank capital, financial stability, monetary policy, and risk exposure. Emerging topics such as fintech, ESG, climate risk, and institutional quality are also examined in their connection to bank liquidity creation, especially in emerging markets. Co-authorship and journal analysis further identify key scholars and publication sources that have shaped the field. By offering an updated knowledge structure and tracing evolving academic trends, this study contributes a valuable roadmap for future research on bank liquidity creation and its related dynamics.
Downloads
Download data is not yet available.References
Ali, Q., Parveen, S., Aspiranti, T., Nurhayati, N., & Rusgianto, S. (2024). Barriers to the adoption of Islamic banking: A bibliometric analysis. International Journal of Ethics and Systems, 40(3), 628-650.
Ali, S., Yousaf, I., Chughtai, S., & Ali Shah, S. Z. (2022). Role of bank competition in determining LC: Evidence from GCC countries. Journal of Applied Economics, 25(1), 242-259.
Aria, M., & Cuccurullo, C. (2017). Bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959-975.
Asubiaro, T., Onaolapo, S., & Mills, D. (2024). Regional disparities in web of science and scopus journal coverage. Scientometrics, 129(3), 1469-1491.
Bawuah, I. (2024). Bank capital and liquidity creation in Sub-Saharan Africa: The role of quality institutions. African Journal of Economic and Management Studies, 15(3), 458-482.
Berger, A. N., Boubakri, N., Guedhami, O., & Li, X. M. (2019). Liquidity creation performance and financial stability consequences of Islamic banking: Evidence from a multinational study. Journal of Financial Stability, 44, Article 100692.
Berger, A. N., & Bouwman, C. H. (2009). Bank liquidity creation. The Review of Financial Studies, 22(9), 3779-3837.
Berger, A. N., & Bouwman, C. H. S. (2016a). Do better capitalized banks create more or less liquidity? In Liquidity creation and financial crises (pp. 125-128). Academic Press.
Berger, A. N., & Bouwman, C. H. S. (2016b). Liquidity creation theories. In Liquidity creation and financial crises (pp. 15-18). Academic Press.
Berger, A. N., Bouwman, C. H. S., Kick, T., & Schaeck, K. (2016). Bank liquidity creation following regulatory interventions and capital support. Journal of Financial Intermediation, 26, 115-141.
Berger, A. N., & Bouwman, C. H. S. (2017). Bank liquidity creation, monetary policy, and financial crises. Journal of Financial Stability, 30, 139-155.
Berger, A. N., Bouwman, C. H. S., Kick, T., & Schaeck, K. (2016). Bank liquidity creation following regulatory interventions and capital support. Journal of Financial Intermediation, 26, 115-141.
Berger, A. N., & Sedunov, J. (2017). Bank liquidity creation and real economic output. Journal of Banking & Finance, 81, 1-19.
Bornmann, L., & Daniel, H. D. (2008). What do citation counts measure? A review of studies on citing behavior. Journal of Documentation, 64(1), 45-80.
Boyack, K. W., & Klavans, R. (2010). Co‐citation analysis, bibliographic coupling, and direct citation: Which citation approach represents the research front most accurately? Journal of the American Society for Information Science and Technology, 61(12), 2389-2404.
Bryant, J. (1980). A model of reserves, bank runs, and deposit insurance. Journal of Banking & Finance, 4(4), 335-344.
Bubeck, J., Maddaloni, A., & Peydró, J. (2020). Negative monetary policy rates and systemic banks’ risk-taking: Evidence from the Euro Area securities register. Journal of Money, Credit and Banking, 52(S1), 197-231.
Cao, Q. L., Li, J. L., & Zhang, H. R. (2023). Asymmetric effects of bank market power on liquidity creation: A panel quantile regression approach. Applied Economics, 55(23), 2660-2675.
Casu, B., Di Pietro, F., & Trujillo-Ponce, A. (2019). Liquidity creation and bank capital. Journal of Financial Services Research, 56, 307-340.
Chatterjee, U. K. (2015). Bank liquidity creation and asset market liquidity. Journal of Financial Stability, 18, 139-153.
Chatterjee, U. K. (2018). Bank liquidity creation and recessions. Journal of Banking & Finance, 90, 64-75.
Chen, W. D., & Chen, Y. (2025). Corporate social responsibility and bank liquidity creation during financial crises. European Financial Management, 31(1), 175-218.
Dang, D. V., & Dang, C. V. (2021). How do bank characteristics affect the liquidity creation channel of monetary policy? Finance Research Letters, 43, Article 101984.
Dang, D. V., & Huynh, J. (2022). Bank funding, market power, and the liquidity creation channel of monetary policy. Research in International Business and Finance, 59, Article 101531.
Diamond, D. W., & Dybvig, P. H. (1983). Bank runs, deposit insurance, and liquidity. Journal of Political Economy, 91(3), 401-419.
Diamond, D. W., & Rajan, R. G. (2001). Liquidity risk, liquidity creation, and financial fragility: A theory of banking. Journal of Political Economy, 109(2), 287-327.
Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285-296.
Evans, J. J., & Haq, M. (2022). Does bank capital reduce liquidity creation? Global Finance Journal, 54, Article 100640.
Fahamsyah, M. H., Mawardi, I., Laila, N., & Shabbir, M. S. (2023). Global Islamic banking development: A review and bibliometric analysis using R-Biblioshiny application. Muqtasid: Jurnal Ekonomi dan Perbankan Syariah, 14(1), 69-92.
Fang, Y., Wang, Q., Wang, F., & Zhao, Y. (2023). Bank fintech, liquidity creation, and risk-taking: Evidence from China. Economic Modelling, 127, Article 106445.
Galletta, S., Mazzù, S., & Naciti, V. (2022). A bibliometric analysis of ESG performance in the banking industry: From the current status to future directions. Research in International Business and Finance, 62, Article 101684.
Garfield, E. (1979). Is citation analysis a legitimate evaluation tool? Scientometrics, 1(4), 359-375.
Gorton, G., & Pennacchi, G. (1990). Financial intermediaries and bank liquidity creation. The Journal of Finance, 45(1), 49-71.
Guo, P., & Zhang, C. (2023). The impact of bank FinTech on liquidity creation: Evidence from China. Research in International Business and Finance, 64, Article 101858.
Gupta, J., & Kashiramka, S. (2020). Financial stability of banks in India: Does liquidity creation matter? Pacific-Basin Finance Journal, 64, Article 101439.
Hao, J., Peng, M., & He, W. (2023). Digital finance development and bank liquidity creation. International Review of Financial Analysis, 90, Article 102839.
Hartanto, A., Nachrowi, N. D., Samputra, P. L., & Huda, N. (2024). A bibliometric analysis of Islamic banking sustainability: A study based on Scopus scientific database. Journal of Islamic Marketing, 15(9), 2245-2285.
Horváth, R., Seidler, J., & Weill, L. (2014). Bank capital and liquidity creation: Granger-causality evidence. Journal of Financial Services Research, 45(3), 341-361.
Horváth, R., Seidler, J., & Weill, L. (2016). How bank competition influences liquidity creation. Economic Modelling, 52(Part A), 155-161.
Hsieh, M.-F., Lee, C.-C., & Lin, Y.-C. (2022). New evidence on liquidity creation and bank capital: The roles of liquidity and political risk. Economic Analysis and Policy, 73, 778-794.
Jackson, T., & Pennacchi, G. (2021). How should governments create liquidity? Journal of Monetary Economics, 118, 281-295.
Jiang, L., Levine, R., & Lin, C. (2019). Competition and bank liquidity creation. Journal of Financial and Quantitative Analysis, 54(2), 513-538.
Kashyap, A. K., Rajan, R., & Stein, J. C. (2002). Banks as liquidity providers: An explanation for the coexistence of lending and deposit‐taking. The Journal of Finance, 57(1), 33-73.
Kessler, M. M. (1963). Bibliographic coupling between scientific papers. American Documentation, 14(1), 10-25.
Kladakis, G., Chen, L., & Bellos, S. K. (2022). Bank regulation, supervision and liquidity creation. Journal of International Money and Finance, 124, Article 102629.
Kohli, K., Kashyap, M., Kuruva, M. B., & Tiwari, S. (2024). Mobile banking: A bibliometric analysis. Journal of Financial Services Marketing, 29(4), 1396-1413.
Kumar, R., Saxena, S., Kumar, V., Prabha, V., Kumar, R., & Kukreti, A. (2024). Service innovation research: A bibliometric analysis using VOSviewer. Competitiveness Review: An International Business Journal, 34(4), 736-760.
Lee, C. C., Lu, M., Wang, C. W., & Cheng, C. Y. (2024). ESG engagement, country-level political risk and bank liquidity creation. Pacific Basin Finance Journal, 83, Article 102260.
Lee, C. C., Wang, C. W., Thinh, B. T., & Xu, Z. T. (2022). Climate risk and bank liquidity creation: International evidence. International Review of Financial Analysis, 82, Article 102198.
Liu, S. Y., Wang, B., & Zhang, Q. Q. (2024). Fintech regulation and bank liquidity creation: Evidence from China. Pacific-Basin Finance Journal, 84, Article 102276.
Mongeon, P., & Paul-Hus, A. (2016). The journal coverage of Web of Science and Scopus: A comparative analysis. Scientometrics, 106(1), 213-228.
Nguyen, H. T. T., Phan, Q. G., Nguyen, T. T. H., & Moslehpour, M. (2022). The influence of market power on liquidity creation of commercial banks in Vietnam. Journal of Asian Business and Economic Studies, Vol. ahead-of-print No.ahead-of-print.
Pana, E. (2023). A bibliometric review of bank liquidity creation. Research in International Business and Finance, 64, Article 101841.
Rakshit, B., & Bardhan, S. (2023). Does bank competition affect the transmission mechanism of monetary policy through bank lending channel? Evidence from India. Journal of Asian Economics, 86, Article 101595.
Tang, Y., Li, Z., Chen, J., & Deng, C. (2021). Liquidity creation cyclicality, capital regulation and interbank credit: Evidence from Chinese commercial banks. Pacific-Basin Finance Journal, 67, Article 101523.
Toh, M. Y., & Jia, D. (2023). Determinants of liquidity creation: A comparison between islamic banks and conventional banks in a dual banking system. Singapore Economic Review, 68(3), 963-999.
Toh, M. Y., Gan, C., & Li, Z. H. (2020). Bank diversification, competition and liquidity creation: Evidence from malaysian banks. Singapore Economic Review, 65(4), 1127-1156.
Tran, N. S., & Dao, H. T. T. (2025). Green banking disclosure: A bibliometric analysis. Ho Chi Minh City Open University Journal of Science-Economics and Business Administration, 15(1), 20-37.
Tran, T. V., Lin, C.-T., & Nguyen, H. (2016). Liquidity creation, regulatory capital, and bank profitability. International Review of Financial Analysis, 48, 98-109.
Tumewang, Y. K., Yunita, D. N., & Hassan, M. K. (2024). A bibliometric analysis of ESG in Islamic banks: mapping current trends and projecting future research direction. Journal of Financial Reporting and Accounting, Vol. ahead-of-print No.ahead-of-print.
Van Eck, N., & Waltman, L. (2010). Software survey: VOSviewer, a computer program for bibliometric mapping. Scientometrics, 84(2), 523-538.
Wang, C.-W., Lee, C.-C., & Chen, M.-C. (2022). The effects of economic policy uncertainty and country governance on banks’ liquidity creation: International evidence. Pacific-Basin Finance Journal, 71, Article 101708.
Wang, L., Zhao, X., & Wan, L. (2025). Analysis of the impact of bank digitization process on liquidity creation and risk-taking. Finance Research Letters, 79, Article 107234.
Wu, Z., Pathan, S., & Zheng, C. (2024). FinTech adoption in banks and their liquidity creation. British Accounting Review, Article 101322.
Xu, C., & Yang, L. (2024). The level of digitalization in Commercial banks and liquidity creation. Finance Research Letters, 63, Article 105280.
Zhang, J., & Deng, X. (2020). Interest rate liberalization and bank liquidity creation: Evidence from China. China Finance Review International, 10(4), 377-391.
Zheng, C., Cheung, A., Zhang, J., & Haider, I. (2023). Corporate social responsibility and bank liquidity creation. Journal of Financial Research, 46(2), 343-382.
Zupic, I., & Čater, T. (2015). Bibliometric methods in management and organization. Organizational Research Methods, 18(3), 429-472.
Downloads
Received: 01-07-2025Accepted: 28-08-2025Published: 07-09-2025Statistics Views
Abstract: 1078 PDF: 140How to Cite
Nguyen, K. C., Vo, X. V., & Nguyen, T. P. (2025). Bank liquidity creation research: A bibliometric analysis of structure and trends. Ho Chi Minh City Open University Journal of Science - Economics and Business Administration, 16(5), 47–67. https://doi.org/10.46223/HCMCOUJS.econ.en.16.5.4542.2026License
Copyright (c) 2026 Nguyen Kim Chi; Vo Xuan Vinh; Nguyen Thanh Phong

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Similar Articles
- Sa Nguyen Tran, Dao Thi Thieu Ha, Green banking disclosure: A bibliometric analysis , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 15(1)2025
- Huynh Thi Thu Suong, Tran Thi Tuyet Huong, Perceived organizational support and employee well-being: A bibliometric analysis and future research agenda , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 17(2)2027 (ONLINE FIRST)
- Tran Hai Yen, Phan Dinh Quyet, Mapping innovation and service quality in hotels: Bibliometric and thematic analysis , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 17(3)2027 (ONLINE FIRST)
- Nguyen Thi Truc Anh, Ngo Quang Huy, Le Thanh Hoa, The role of big data and blockchain in digital accounting: A bibliometric analysis , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 16(3)2026
- Van Vu Dung Phan, Anh Ngoc Hoang Bach, Exploring social media trends over the past decade (2010-2022): A bibliometric approach , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 14(4)2024
- Duong Thi Thu Thinh, Tran Quang Long, Hoang Lam Cuong, Sustainable supply chain management: A bibliometric analysis using VOSviewer , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 16(8)2026 (ONLINE FIRST)
- Oanh Thi Hoang Truong, Tien Trung Nguyen, Truc Thanh Vo, A bibliometric review of service innovation: Constituting research themes , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 14(3)2024
- Nguyen Thi Tuoi, Nguyen Phu Son, Review of agricultural value chain analysis , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 13 (1) 2023
- Nguyen Ngoc Duy Phuong, Dinh Hoang Tu, Dang Thao Van Anh, Tran Anh Tu, The antecedents and outcomes of export market orientation: A bibliometric analysis , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 12 (2) 2022
- Nguyen Hoang Sinh, Hoang Thi Hoa, An investigation of factors impacting visitors to a botanic park: Factor analysis of push and pull framework , Ho Chi Minh City Open University Journal of Science - Economics and Business Administration: 12 (2) 2022
You may also start an advanced similarity search for this article.
- Vo Xuan Vinh
