Assessing Bank Financial Security Level Using the Comprehensive Index Technology

Анотація

The paper is devoted to issues of assessment of the bank financial security level. The analysis of existing approaches to the solution of this problem has been carried out. The scientific-methodological approach based on the use of comprehensive index technology is proposed. The calculating algorithm is presented in the form of a four-step procedure, which contains the definition of the initial set of data, their normalization, the calculation of the comprehensive index of financial security and results interpretation. The identification of financial security levels and the boundaries of the corresponding comprehensive index is carried out on the basis of analysis of the objects' configuration in the two-scale space of partial composite indexes. It constructed by the division of the set of initial indicators using the its content characteristics. The grouping results are matched with similar results are obtained by cluster analysis and the method of the principal components. The article presents the practical implementation of the proposed calculation procedure. For this purpose, a training sample of banks and a set of initial indicators was formed. The obtained results allowed to determine the number of levels of financial security and their boundaries. The financial security levels established for the analyzed banks as a result of the calculations are conditional and determined by the sample.

Класифікація

Ідентифікатори

Схожі роботи