PERFORMANCE ANALYSIS OF FOREIGN DEPOSIT BANKS IN TURKEY: A MULTI-MOORA METHOD

Today the opinion is widely shared by many researchers that banks operating in financial system have a larger part than other financial institutions. This idea is not only based on the relative size of the funds that banks manage, but also based on their fundamental function to be an intermediator in the financial system. The significant role of banks in the system has put the studies on the comparing, measuring and rating of the banks' financial performance to the top agenda of researchers who works in the field of finance. So far, many different methods were developed in order to measure better the bank performance. In this study, it was targeted to rank the financial performances of foreign owned deposit banks operating in Turkey in the years between 2013 and 2017 by using Multi-MOORA method that is among different multi-criteria decision making methods. As result of this study, the best performing banks are found respectively as MUFG Bank Turkey Inc. and the Arab Turkish Bank Inc.in terms of financial performance in the research period