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Fuzzy Approach in Ranking of Banks according to Financial Performances
Joint Authors
Jakšić, Milena
Moljević, Slaviša
Misita, Mirjana
Mimović, Predrag
Arsovski, Slavko
Aleksić, Aleksandar
Tadić, Danijela
Source
Mathematical Problems in Engineering
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-06-30
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
Evaluating bank performance on a yearly basis and making comparison among banks in certain time intervals provide an insight into general financial state of banks and their relative position with respect to the environment (creditors, investors, and stakeholders).
The aim of this study is to propose a new fuzzy multicriteria model to evaluate banks respecting relative importance of financial performances and their values.
The relative importance of each pair of financial performance groups is assessed linguistic expressions which are modeled by triangular fuzzy numbers.
Fuzzy Analytic Hierarchical Process (FAHP) is applied to determine relative weights of the financial performances.
In order to rank the treated banks, new model based on Fuzzy Technique for Order Performance by Similarity to Ideal Solution (FTOPSIS) is deployed.
The proposed model is illustrated by an example giving real life data from 12 banks having 80% share of the Serbian market.
In order to verify the proposed FTOPSIS different measures of separation are used.
The presented solution enables the ranking of banks, gives an insight of bank’s state to stakeholders, and provides base for successful improvement in a field of strategy quality in bank business.
American Psychological Association (APA)
Jakšić, Milena& Moljević, Slaviša& Aleksić, Aleksandar& Misita, Mirjana& Arsovski, Slavko& Tadić, Danijela…[et al.]. 2016. Fuzzy Approach in Ranking of Banks according to Financial Performances. Mathematical Problems in Engineering،Vol. 2016, no. 2016, pp.1-11.
https://search.emarefa.net/detail/BIM-1112419
Modern Language Association (MLA)
Jakšić, Milena…[et al.]. Fuzzy Approach in Ranking of Banks according to Financial Performances. Mathematical Problems in Engineering No. 2016 (2016), pp.1-11.
https://search.emarefa.net/detail/BIM-1112419
American Medical Association (AMA)
Jakšić, Milena& Moljević, Slaviša& Aleksić, Aleksandar& Misita, Mirjana& Arsovski, Slavko& Tadić, Danijela…[et al.]. Fuzzy Approach in Ranking of Banks according to Financial Performances. Mathematical Problems in Engineering. 2016. Vol. 2016, no. 2016, pp.1-11.
https://search.emarefa.net/detail/BIM-1112419
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1112419