Measurement of the Financial Performance of Banks for Development and Investment in Türkiye by CAMELS Analysis
Year: 2024
Type: article
Abstract: Using the CAMELS analysis approach, this study examines the financial performance of banks operating in Türkiye for development and investment. Accordingly, a comparative performance evaluation has been conducted using the financial data of 12 banks for development and investment, comprising three state-owned, seven privately owned, and two foreign-owned banks, for 2020-2022, with 22 financial ratios. At the end of the analysis, it was observed that Golden Global Investment Bank Inc. exhibited the best financial performance in 2020, Diler Investment Bank Inc. in 2021, and GSD Investment Bank Inc. in 2022, among the other banks for development and investment. The worst financial performance, however, was demonstrated in all three years by BankPozitif Credit and Development Bank Inc.
Source: Sosyoekonomi
Author: Arif Çilek
Institution: Giresun University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4403816931