Comparative Analysis of the Financial Performance Between Turkish and American Commercial Banks

The banking sector, which facilitates the safekeeping and distribution of resources, is very important for the development of the real economy and financial sector. This requires the strong and consistent performance of the banking sector and requires it to be capable of withstanding unexpected risk...

Full description

Saved in:
Bibliographic Details
Main Author: Fatma Aldırmaz Akkaya
Format: Article
Language:English
Published: Istanbul University Press 2020-12-01
Series:İstanbul İktisat Dergisi
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/AFAEE87079AE45EB94C950C0BCDC9AD8
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The banking sector, which facilitates the safekeeping and distribution of resources, is very important for the development of the real economy and financial sector. This requires the strong and consistent performance of the banking sector and requires it to be capable of withstanding unexpected risks. This study aimed to firstLY establish a performance comparison between Turkish and American commercial banks which operated uninterrupted from 2008–2018 and then to present detailed financial performance analysis of the Turkish commercial banks. The CAMELS rating and performance analysis method was chosen for analysis and comparison, given its widespread use in international financial markets. As a result of both the financial performance comparison with the American commercial banks and the financial analysis of only the Turkish commercial banks, it was determined that the Turkish commercial banks, although within acceptable limits, have problems related to financial performance and have not developed sufficient defense against possible shocks. The research also revealed that the loans and receivables of the Turkish commercial banks have been at high level and it was determined that the banks have insufficiently followed these loans. If this problem is resolved, it is believed that it will reduce other issues that the banks face.
ISSN:2602-3954