Application of Multi-Objective Optimization on the Basis of Ratio Analysis (MOORA) Method for Bank Branch Location Selection
International Journal of Finance & Banking Studies
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Title |
Application of Multi-Objective Optimization on the Basis of Ratio Analysis (MOORA) Method for Bank Branch Location Selection
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Creator |
Gorener, Ali; Department of Logistics Istanbul Commerce University, Istanbul Dinçer, Hasan Hacıoğlu, Ümit |
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Subject |
Finance
Location selection; Banking; Bank Branch; AHP; MOORA |
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Description |
Location selection problem in banking is an important issue for the commercial success in competitive environment. There is a strategic fit between the location selection decision and overall performance of a new branch. Providing physical service in requested location as well as alternative distribution channels to meet profitable client needs is the current problematic to achieve the competitive advantage over the rivalry in financial system. In this paper, an integrated model has been developed to support in the decision of branch location selection for a new bank branch. Analytic Hierarchy Process (AHP) technique has been conducted to prioritize of evaluation criteria, and multi-objective optimization on the basis of ratio analysis (MOORA) method has been applied to rank location alternatives of bank branch.
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Publisher |
SSBFNET
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Contributor |
—
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Date |
2013-04-12
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/138
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Source |
International Journal of Finance & Banking Studies (ISSN: 2147- 4486); Vol 2, No 2 (2013): IJFBS; 41-52
2147-4486 |
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Language |
eng
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Relation |
http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/138/373
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