A possibility of applying rating system to evaluate the performance ofSyrian private banks"An applied study on sample of Syrian private banks"

Abstract

This study aimed to find a practical way to build a model for evaluating the performance of Syrian private banks, by creating a scoring system based on the CAMELS system, that consists of quantitative factors correlated with financial performance and qualitative factors, to achieve evaluating and form the final scoring for banks. Also، the study discussed the importance of creating and applying a scoring system as a tool of banking supervision authorities, also the study aimed to describe the challenges and difficulties of applying a scoring system. The study has suggested a simple rating model

for a sample of 5 Syrian private banks (3 Islamic banks- and 2 traditional banks), the study uses annual reports issued from the banks for the year 2022, the study found that the bank that achieved first place was SHAM Bank with a total score of (92.5), followed by Syria gulf Bank with a score of (81.5), then BEMO Bank with a score of (81), followed by ALBARAKAH Bank with a score of (80) and the Syrian international Islamic bank with a score of (76.5) in last place, and study recommended that the supervisory authorities must adopt a comprehensive bank rating model for the Syrian banking sector, with wide factors correlated to bank performance.