Abstract

Because of the Increasing competition between enterprises in the current competitive market, the importance of continuous performance evaluation in the marketplace has increased. It has become increasingly important for banks, because as a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner to support economic activities. Along with the increase of the number of private banks in Iran in recent years, competition among banks for banking activities has increased. On the other hand the presence of the private banks in the stock exchange market led to an increased sensitivity to the banks' financial performance by their shareholders. In this study, first we identified the criteria and their coefficients used for financial performance evaluation of private banks using fuzzy AHP method. After that, we evaluated financial performance of Iran private banks and ranked them using the information of the financial statements at the end of Solar Hijri year 1393 (March 2015) and TOPSIS method.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call