In the article the basic methodological aspects and the results of approbation of alternative methods of complex comparative evaluation of reliability level of commercial banks are considered through the example of subjects of the banking sector in the Vologda region. On the one hand, the reliability of a commercial bank is the key criterion of soundness of banking system in general, and on the other, the foundation for a bank formation today and its prosperity in future. Consequently, in the current ambiguous financial conditions characterized by tough competition between credit-financial institutions a question of study and improvement of evaluation methods of the reliability of a commercial bank rises. . Study purpose: The purpose of this study is the introduction of the basic methodological aspects and the results of approbation of alternative methods of complex comparative evaluation of a reliability level of commercial banks through the example of subjects of the banking sector in the Vologda region. Materials and methods: the study was carried out based on building of the mathematical model, consisting of financial indexes, to each of which a relative share was assigned by expertise, and the following rating; multidimensional complex comparative evaluation; cluster allocation. The starting data for these studies was the 30 credit organizations reference book published in the official website of the Central Bank of the Russian Federation. Results: According to the received results the different approaches to making ratings of credit organizations used by us gave similar outcomes. This fact indicated the high degree of adequateness of the methods. For the objective evaluation we suggested and tested different methodological approaches to making ratings according to such qualitative characteristic of a commercial bank as reliability. In our study we used: the mathematical model consisting of financial indexes to each of which a relative share was assigned by expertise, and the following rating; multidimensional complex comparative evaluation; cluster allocation. That allowed, firstly, doing comparative evaluation of reliability while making rating, secondly, ranging banks by different problem blocks, thirdly, classifying the objects of the study according to their financial characteristics, fourthly, defining the main factors influencing the ranging of banks. The received results of methods approbation are the additional information to the ratings published by the leading rating agencies and the Bank of Russia which allows reasonably making decisions by choosing the best possible reliable credit organization. Conclusion: According to the studies the sizes of a commercial bank not always prove its stability, liquidity and operating efficiency. Analyzing the ratings of credit organizations by an absolute index we came to the conclusion that it was not enough to take into consideration only the volumes of activity of an organization though it is of no small importance. Therefore, in order to receive a realistic rating it is necessary to use different methods which will complement one another and give more definite result of a set task.
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