FINANCIAL DIAGNOSTICS OF BANK ACTIVITIES USING CLUSTER ANALYSIS TOOLS
The national banking system is one of the main components of the development of the country’s economy. Timely diagnostics of activities is required, problems arise when there is a decision on how to resolve them. Financial diagnostics is an integral and most important procedure that allows you to identify problem or “pain” points of a credit institution. In order to determine the importance of this process, we conducted an analysis of 15 banks, which are members of various qualification groups, which have their own characteristics. As an indicator of financial analysis, we used the CAMELS rating indicator, which allows us to assess the sustainability of credit institutions in terms of capital adequacy, asset quality, management quality, profitability, liquidity and risk sensitivity. This indicator combined 27 indicators, which allowed us to analyze the activities of banks in more detail. In the article, based on the analyzed data, a cluster analysis was carried out, which allowed us to solve the main problems of classifying analytical data according to various criteria. The use of such a mathematical tool as cluster analysis using the Ward’s method, based on the obtained factor values, proved that 14 credit organizations belong to different 8 clusters, united by certain similar characteristics