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Evaluation of the Financial Performance of the Ashur Bank According to (GAMELS) Standards: An Analytical Study
Hadeel Jabbar Ali
Volume: 13 Issue: 3 2023
In recent years, the business environment has witnessed great developments as a result of technological development and openness to global markets, which led to an increase in competition between economic units. It serves as a control tool that shows the strengths and weaknesses of the economic unit, which helps in the decision-making process. Therefore, the research deals with the subject of performance evaluation of the Ashur International Bank, using the CAMELS criteria, and the research reached １. The application of the CAMELS evaluation system is of great importance as it supports the control and inspection process and achieves the goals of customers and shareholders, in terms of highlighting the negative and positive points in the banking work, which leads to an increase in the efficiency of the bank’s work and the search for the cause of shortcomings and addressing its causes. Ashur International Bank was classified according to the criteria of Kamles combined into the second category, as it was classified as category (B2) after obtaining (2.062). The research also recommended the need for the Central Bank of Iraq to reconsider the indicators of the CAMELS system in a way that suits the nature of the local banking environment and what can be added to these indicators, especially the customer satisfaction index. In addition to the necessity of urging banks to exploit liquidity, employ deposits and exploit them in new projects, and provide investment loans in order to increase profitability in particular and support the national economy in general.
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