Lexicographic goal programming model for bank's performance management
type: Item
instance of: scholarly article
title: Lexicographic goal programming model for bank's performance management
zbMATH Open document ID: 1499.91190
DOI: 10.1155/2021/8011578
author: Ali AlArjani
author: Teg Alam
published in: Journal of Applied Mathematics
publication date: 2022-01-05T00:00:00Z
review text: Summary: Any bank's financial management is essential to preparing the assets and liabilities for multiple goals. In this paper, we develop an optimal bank model for the financial management department in the Kingdom of Saudi Arabia. The lexicographic goal programming model was used to formulate the banks' performance management. In this study, the six goals of one of the leading banks in Saudi Arabia, namely, maximize asset, minimize liability, maximize equity, maximize operating income, maximize net income, and maximizing total goal achievements in the financial statement, were studied. To illustrate the model, we have focused on Al Rajhi Bank's financial statements as a case study. The data was obtained from the banks' financial statements. The outcomes of the study exhibited that all goals were accomplished. This proposed model is dynamic because it will help examine the banks' financial strengths located in the kingdom. As a result, the proposed model can guide banking firms in making decisions and developing strategies to deal with numerous monetary circumstances.
Mathematics Subject Classification ID: 91G80
Mathematics Subject Classification ID: 90C29
zbMATH DE Number: 7452295
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2021/8011578
OpenAlex ID: W3214331789
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description: scientific article; zbMATH DE number 7452295