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GAZI UNIVERSITY JOURNAL OF SCIENCE
Article . 2020 . Peer-reviewed
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Financial Performance Analysis of Banks with Topsis and Fuzzy Topsis Approaches

Authors: Yüksel Akay ÜNVAN;

Financial Performance Analysis of Banks with Topsis and Fuzzy Topsis Approaches

Abstract

Banks are one of the key components in the world economy's financial activities. With the increasing competitive environment, banks need to use their resources effectively. Effective and efficient operation of banks is one of the important issues of money and financial markets. Effective operation of banks that are at the center of the economy, and measuring and evaluating their performances both determine their positions in the sector and have strategic importance on process management of the country’s economy. Determining which criteria and weights will be determined for performance is very important in the multi-criteria decision making process. Fuzzy techniques have more sensitivity in such evaluations. Fuzzy approaches are preferred as the risk, uncertainty and competition continue to increase in the banking sector. In this study, the criteria that affect the financial performance of banks are determined. Based on relevant criteria, the first seven banks were ranked in total assets according to reports received from The Banks Association of Turkey for 2014-2018 financial year and a performance evaluation was done by using the TOPSIS and Fuzzy TOPSIS methods.

Country
Turkey
Keywords

Engineering, Financial Performance;Banks;TOPSIS;Fuzzy TOPSIS, Mühendislik

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    selected citations
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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    25
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
25
Top 10%
Top 10%
Top 10%
Green
gold