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Future Risk Analysis for Bank Investments using PROMETHEE/Análisis del Riesgo Futuro para Inversiones Bancarias utilizando PROMETHEE

Jean Baptiste Rakotoarivelo (), Pascale Zaraté () and D. Marc Kilgour ()
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Jean Baptiste Rakotoarivelo: Université de Toamasina, Sis 5, rue Bir Hakeim, Camp Manguier BP : 591 ? Toamasina 501 ? Madagascar. IRIT ? Toulouse Capitole University , 2 rue du Doyen Gabriel Marty 31042 Toulouse Cedex 9, France.
Pascale Zaraté: IRIT ? Toulouse Capitole University , 2 rue du Doyen Gabriel Marty 31042 Toulouse Cedex 9, France.
D. Marc Kilgour: Wilfrid Laurier University, 75 University Avenue West, Waterloo, Ontario, N2L 3C5, Canada.

Estudios de Economia Aplicada, 2018, vol. 36, No 1, 207-216

Abstract: Professional management of financial activities requires a good understanding of the inherent future risks of those activities. Despite the use of complex models for this purpose, significant risks often remain under-appreciated. This article develops techniques that will assist banking institutions at understanding the risks involved in micro-finance and related operations. The analysis is carried out by identifying financial operations that are typical of banking on a smaller scale, such as investing and extending credit, and the types of risk inherent in these activities, which are then grouped into the categories of operational risk, financial risk, management risk, and external risk. Analysis is conducted using the PROMETHEE multi-criteria decision methodology. Based on our new approach to risk analysis, many institutions will improve the management of their financial operations, including micro-finance. La gestión profesional de las actividades financieras requiere una buena comprensión de los riesgos futuros inherentes a esas actividades. A pesar del uso de modelos complejos para este propósito, hay riesgos significativos que a menudo siguen siendo poco apreciados. Este artículo desarrolla técnicas que ayudarán a las instituciones bancarias a comprender los riesgos que conlleva la microfinanciación y las operaciones relacionadas. El análisis se lleva a cabo identificando las operaciones financieras típicas de la banca al por menor, como la inversión y la extensión del crédito, y los tipos de riesgo inherentes a estas actividades, que se agrupan en las categorías de riesgo operativo, riesgo financiero, riesgo de gestión y riesgo externo. El análisis se lleva a cabo utilizando la metodología multicriterio PROMETHEE. Conforme a nuestro nuevo enfoque del análisis de riesgos, muchas instituciones mejorarán la administración de sus operaciones financieras, incluidas las microfinanzas.

Keywords: Decisión Multicriterio; Análisis de Riesgos; Inversiones Bancarías; PROMETHEE; MCDM; Risk Analysis; Bank Investment; PROMETHEE. (search for similar items in EconPapers)
JEL-codes: C02 C18 C44 C54 C65 D72 D83 (search for similar items in EconPapers)
Date: 2018
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