Abstract:

In this study, a model that combines the results of different MCDM techniques is proposed to evaluate the financial performance of primary dealer banks between 2017 and 2020. In the decision process, 8 financial evaluation criteria were weighted using the CILOS technique and the performance ranking of 11 banks was made using the MARCOS technique. By using the COPELAND technique, the MARCOS technique ranking results for the years 2017-2020 were combined under the consensus order and the final rankings of the primary dealer banks were reached. It was determined that the three best performing banks were Akbank, Garanti and HSBC, respectively, and the three worst performing banks were Yapı Kredi, Vakıf and Halk Bankası, respectively. Analysis results also revealed a highly positive correlation between Spearman rank correlation analysis and rankings obtained using MARCOS and COPELAND techniques.

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