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A Multi-Objective Credit Evaluation Model Using MOORA Method and Goal Programming

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Abstract

The selection process of a suitable credit applicant firm becomes a more complex decision making process as the decision makers in the banking industries have to assess a wide range of firms based on a set of conflicting financial ratios. This study investigates the new model of the multi-objective optimization on the basis of ratio analysis and the goal programming method together to solve credit lending decision making problems for firms as frequently encountered in real-time commercial banking environments. A multi-objective credit evaluation model is developed to use in all the stages of the credit evaluation process.

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Authors and Affiliations

  1. Department of Industrial Engineering, Faculty of Engineering, Baskent University, 06810, Baglica, Etimesgut, Ankara, Turkey

    Yusuf Tansel İç

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  1. Yusuf Tansel İç
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Correspondence to Yusuf Tansel İç.

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İç, Y.T. A Multi-Objective Credit Evaluation Model Using MOORA Method and Goal Programming. Arab J Sci Eng 45, 2035–2048 (2020). https://doi.org/10.1007/s13369-019-03930-7

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