УВАГА! Нова платформа наукового журналу «SCIENTIA FRUCTUOSA».
Перейти за посиланням -  
http://journals.knute.edu.ua/scientia-fructuosa/

CLUSTERING OF BANKS ACCORDING TO THEIR BUSINESS MODELS

Автор: Sveta on .

Cite as APA style citation
Shulha N., Omelenchuk V. Clustering of banks according to their business models. Visnyk Kyi’vs’kogo nacional’nogo torgovel’no-ekonomichnogo universytetu. 2021. № 6. P. 122-132.

FREE FULL TEXT (PDF)
DOI:  http://doi.org/10.31617/visnik.knute.2021(140)10

UDC 336.71:005.511
JEL Classification G21
 
SHULHA Natalia,
DSc (Economics), Professor, Head of the Department of Banking
Kyiv National University of Trade and Economics
19, Kyoto str., Kyiv, 02156, Ukraine
E-mail: Ця електронна адреса захищена від спам-ботів. вам потрібно увімкнути JavaScript, щоб побачити її.
ORCID:0000-0002-2010-5884
 
OMELENCHUK Volodymyr,
Bachelor’s degree in Finance, Banking and Insurance
Kyiv National University of Trade and Economics
19, Kyoto str., Kyiv, 02156, Ukraine
E-mail: Ця електронна адреса захищена від спам-ботів. вам потрібно увімкнути JavaScript, щоб побачити її.
ORCID:0000-0001-5188-7658
 

CLUSTERING OF BANKS ACCORDING TO THEIR BUSINESS MODELS

The business models of banks were identified according to previously formed parameters. The authors distinguished business models of Ukrainian banks such as retail, universal, corporate, corporate with retail financing. The paper studies ranking method to analyze and compare banks business models in terms of financial and risk indicators.
Keywords: bank business model, clustering, k-means method, risk and financial performance indicators, ranking method, indicator rank.

REFERENCES

  1. Sachynska, L. V. (2015). Features of business – model of enterprise. Economic sciences.Issue 12. Part 2. P. 171-179 [in Ukrainian].
  2. Movchanenko, I. V. (2018). Business model: essence and innovation component. Investments: practice and experience, 20, 40-42 [in Ukrainian].
  3. Kasatonova, I. A. (2017). Modern approach to the interpretation of the essence of the concept of "business model of the enterprise". Problems and prospects of business development, 3. Part 1, 70-73 [in Ukrainian].
  4. Kutsyk, P. O. (2015). Business model of the company and its reflection in cor­porate reporting. Bulletin of the Lviv Commercial Academy. Economics. Issue49, 8-21[inUkrainian].
  5. Alakozova, P. E. (2016). Business model of the enterprise: evolution and approa­ches to interpretation. Strategy of economic development of Ukraine, 38, 15-16. Ret­rie­ved from http://nbuv.gov.ua/UJRN/seru_2016_38_6(accessed 10.01.2021)[in Ukrainian].
  6. Lyubich, O. O. (2016). Analysis of the business model of state-owned banks in Ukraine. FinanceofUkraine, 10, 7-38[inUkrainian].
  7. Derkachenko, A. V. (2018). Analysis of business models of Ukrainian banks. Accountingandfinance, 2, 77-82[in Ukrainian].
  8. Rashkovan, V. (2016). Cluster analysis of business models of Ukrainian banks: the use of Kohonen neural networks. Bulletin of the National Bank of Ukraine, 238, 13-40 [in Ukrainian].
  9. Lueg, R., Schmaltz C.,& Tomkus M. (2019). Business models in banking: A cluster analysis using archival data. Trames Journal of the Humanities and Social Sciences, 23, 79-107 [in English].
  10. Farnè, M.,&Vouldis, A. (2017). Business models of the banks in the euro area. Working Paper Series, 2070.Retrieved from https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2070.en.pdf?ee58f8028aa3d7b55dd977292218b268] [in English].
  11. Roengpitya, R. N., Tarashev, K., & Villegas, A. (2017). Bank business models: popularity and performance. BIS Working Paper, 682. Retrieved from https://www.bis.org/publ/work682.pdf[in English].
  12. Cernov, M.,& Urbano, T. (2018). Identification of EU bank business models.EBA StaffPapers Series, 2. Retrieved from https://eba.europa.eu/sites/default/documents/files/documents/10180/2259345/8a69aed9-3e58-4f81-bc4c-80a48e4c3779/Identification%20of%20EU%20bank%20business%20models%20-%20Marina%20Cernov,%20Teresa%20Urbano%20-%20June%202018.pdf[in English].
  13. Mergaerts, F., & Vennet, R. V. (2015). Business models and bank performance. A long-term perspective. 4th.EBA Policy Research Workshop,18. Retrieved from https://eba.europa.eu/sites/default/documents/files/documents/10180/1018121/ed35f7f8-f11d-4353-b9f9-9129b7391026/Mergaerts%2C%20Vander%20Vennet%20-%20Business%20models%20and%20bank%20performance.%20A%20long%20term%20perspective%20-%20Presentation.pdf?retry=1[in English].
  14. Regulations on the organization of risk management system in banks of Ukraine and banking groups. Resolution of the National Bank of Ukraine of 11.06.2018 № 64. Retrieved from https://zakon.rada.gov.ua/laws/show/v0064500-18 37 36 [in Ukrainian].
  15. Dolinsky, L. B., Miroshnichenko, I. V., &Korchinsky, V. V. (2017). Cluster analysis of the reliability of banking institutions in Ukraine. Kyiv [in Ukrainian].
  16. Primerova, O. K., &Kiselyova, G. A.(2015). Distribution of Ukrainian banks using cluster analysis methods. Retrieved from http://www.rusnauka.com/33_IAN_2015/Economics/1_200027.doc.htm [in Ukrainian].
  17. The Semantic Web (2020).17th International Conference, ESWC 2020, Heraklion, Crete, Greece. May 31–June 4 [in English].
  18. Sunyuk, A. O. (2020). Methodical approaches to defining business models of banks in Ukraine. Scientific view: economics and management. Issue 3. Part 69 [in Ukrainian].
  19. Analysis of business models of banks within Supervisory review and evaluation process (SREP). old.bank.gov.ua.Retrieved from https://old.bank.gov.ua/doccatalog/document?id=69900832[in Ukrainian].
  20. Supervisory statistics of the National Bank of Ukraine. old.bank.gov.ua. Retrieved from https://bank.gov.ua/ua/statistic/supervision-statist [in Ukrainian].