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A Strategic Approach to Global Financial Crisis in Banking Sector: A Critical Appraisal of Banking Strategies Using Fuzzy ANP and Fuzzy Topsis Methods

A Strategic Approach to Global Financial Crisis in Banking Sector: A Critical Appraisal of Banking Strategies Using Fuzzy ANP and Fuzzy Topsis Methods

Hasan Dinçer, Ümit Hacıoğlu, Serhat Yüksel
Copyright: © 2017 |Volume: 6 |Issue: 1 |Pages: 21
ISSN: 2160-9659|EISSN: 2160-9667|EISBN13: 9781522515333|DOI: 10.4018/ijsem.2017010101
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MLA

Dinçer, Hasan, et al. "A Strategic Approach to Global Financial Crisis in Banking Sector: A Critical Appraisal of Banking Strategies Using Fuzzy ANP and Fuzzy Topsis Methods." IJSEM vol.6, no.1 2017: pp.1-21. http://doi.org/10.4018/ijsem.2017010101

APA

Dinçer, H., Hacıoğlu, Ü., & Yüksel, S. (2017). A Strategic Approach to Global Financial Crisis in Banking Sector: A Critical Appraisal of Banking Strategies Using Fuzzy ANP and Fuzzy Topsis Methods. International Journal of Sustainable Economies Management (IJSEM), 6(1), 1-21. http://doi.org/10.4018/ijsem.2017010101

Chicago

Dinçer, Hasan, Ümit Hacıoğlu, and Serhat Yüksel. "A Strategic Approach to Global Financial Crisis in Banking Sector: A Critical Appraisal of Banking Strategies Using Fuzzy ANP and Fuzzy Topsis Methods," International Journal of Sustainable Economies Management (IJSEM) 6, no.1: 1-21. http://doi.org/10.4018/ijsem.2017010101

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Abstract

Financial crisis affected many people and companies in the world negatively in terms of job loss and bankruptcy. Owing to this aspect, today many banks developed strategies in order to minimize the effects of any potential crisis which might be occurred in the future. Present study aims to evaluate the strategies of Turkish banks to minimize the effects of financial crisis by using fuzzy ANP and fuzzy TOPSIS methods. The study identifies that capital injection is the most significant strategy whereas the strategy of decreasing interest rate has the weakest importance. In addition to this aspect, it was also determined that privately-owned banks are the most successful banking group of Turkey with respect to the achievement of strategic goals during a financial crisis. On the other hand, state-owned banks have the lowest degree regarding this concept. The study recommends that Turkish banks should mainly focus on increasing capital amount in order to minimize the negative aspects of the crisis

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