Akademik Veri Yönetim Sistemi
Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, cilt.35, sa.4, ss.1359-1382, 2021 (Hakemli Dergi)
The purpose of this study is to analyze the financial performance of privately-owned commercial banks operating in the Turkish banking sector for the period 2014-2019. For this purpose, a new hybrid model consisting of SWARA-RAFSI methods has been proposed in performance analysis. In the study, firstly, 10 financial performance criteria are determined in line with the previous literature. Then, the weights of the determined financial performance criteria are found using SWARA, which is a subjective weighting method. RAFSI, one of the newest MCDM methods, is employed in determining the performance rankings of banks. According to the findings of the study, while the most important performance criterion is the capital adequacy ratio, the least important performance criterion is the inefficiency ratio criterion. Therefore, banks that want to achieve high financial performance should primarily increase their capital adequacy ratio. In addition, it is determined that Akbank (in the first five years) and Yapı and Kredi Bank (in 2019) are the banks with the highest financial performance in the bank performance ranking. The results obtained in the study may contribute to decision-making mechanisms for the establishment of a strong and robust banking system.