| A Statistical Approach to Evaluating Bank Productivity |
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UDC: 005.61:336.71(497.11)005.311.121 DOI: 10.7595/management.fon.2015.0010
Since 2001, when a new cycle in the process of economic transition was vigorously launched in the country, the Serbian banking sector has incurred deep changes. This issue has acutely affected the banking sector in Serbia proper, directly influencing its performance and efficiency. This paper deals with the application of a new statistical approach – the I-distance method - in measuring the financial performance of banks that do business in Serbia in order to determine their productivity level, thus stressing the performance of banks from the perspective of productivity. Additionally, this point of view is essential for projecting productivity in evaluating overall bank operation efficiency. Keywords: banks, efficiency, productivity, I-distance method, ranking
Veljko Dmitrovic1, Marina Dobrota1, Snezana Knezevic1 1University of Belgrade, Faculty of Organizational Sciences
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