Peculiarities of Using the Balanced Scorecard Technology at Different Stages of the Bank Life Cycle
Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 3
Abstract
The objectives and indicators of projections of the Balanced Scorecard system (BSC): "finance", "clients", "internal business processes", "staff development" at different stages of the bank life cycle have been defined. Through the allocation of representative indicators of the financial projection of BSC according to the groups (resource stability, liquidity, business activity, financial performance) the variability of their composition for banks being at different stages of the life cycle has been proved. It has been found that at the stage of creation the financial projection of BSC comprises: the level of interbank loans in liabilities, the level of interbank loans in obligations, ratio of highly liquid and working assets, share of retail loans in assets, return on the balance capital; at the stage of extensive growth it includes the rate of the capital participation in formation of assets, current liquidity ratio, ratio of overdue loans, return on assets; realization of financial goals of the bank at the stage of intensive growth can be measured by the total capital adequacy ratio, current liability ratio, share of retail loans in assets, net interest margin; at the stage of maturity the financial projection of BSC includes safety ratio, general liquidity ratio, ratio of credit activity, return on assets; at the stage of recession — the return on net assets, level of assets insurance by reserves, general liquidity ratio, solvency ratio. When choosing indicators to be included into BSC there was ensured the correspondence of the objectives and indicators of its projections to the bank general strategy at a certain stage of the life cycle and the dominants of its financial strategy.
Authors and Affiliations
Iryna Chmutova
Keywords
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