A RANKING METHODOLOGY USING HIERARCHICAL GREY RELATIONAL ANALYSIS: THE CASE OF TURKISH BANKING SYSTEM

摘要

Financial indicators which have been monitoring and announcing to public periodically are indispensable tools particularly in the banking sector. In this study, it has been chosen 22 different Banks in Turkey. The 39 performance related criteria for those banks were evaluated by an integrated AHP approach and their weights were computed. Then, the grey relational degrees of 22 banks were computed by Grey Relational Analysis Method. On the other hand banks were ranked by using Financial Ratio Analysis. The obtained results from both methods were presented comparatively.