[雙語翻譯]商業(yè)銀行外文翻譯--約旦部分商業(yè)銀行財務(wù)績效評估（英文）

1、International Research Journal of Finance and Economics ISSN 1450-2887 Issue 68 (2011) © EuroJournals Publishing, Inc. 2011 http://www.eurojournals.com/finance.htm Financial Performance Evaluation of Some Selecte

2、d Jordanian Commercial Banks Ahmed Arif Almazari Department of Administrative Sciences- Finance Section, King Saud University E-mail: aalmazari@ksu.edu.sa; ahmadarif26@hotmail.com Abstract This study attempted basical

3、ly to measure the financial performance of some selected Jordanian commercial banks for the period 2005-2009. It is evaluatory in nature, drawing sources of information from secondary data. The financial performance of

4、 banks is studied on the basis of financial variables and ratios. In this paper an attempt was made to analyze the financial performance of seven selected Jordanian commercial banks using simple regression in order to

5、 estimate the impact of independent variable represented by; the bank size, asset management, and operational efficiency on dependent variable- financial performance represented by; return on assets and interest incom

6、e size. It was found that banks with higher total deposits, credits, assets, and shareholders’ equity does not always mean that has better profitability performance. It was also found that there exists a positive corr

7、elation between financial performance and asset size, asset utilization and operational efficiency, which was also confirmed with regression analysis that financial performance is greatly influenced by these independen

8、t factors. This study can be a source of help to bank managers to improve their financial performance and formulate policies that will promote effective financial system. The study also recommend measures that could b

9、e adopted by banks to ensure soundness in their operations. Keywords: Financial performance, financial ratios, deposits, credits, assets, shareholders. JEL Classification Codes: G200,G210 I. Introduction Banks are the

10、 backbone of the global economy, providing capital for innovation, infrastructure, job creation and overall prosperity. Banks also play an integral role in society, affecting not only spending by individual consumers,

11、but also the growth of entire industries. Financial performance help us to measure the results of a firm's policies and operations in monetary terms. These results are reflected in the firm's return on investme

12、nt, return on assets, value added. It also helps us to evaluate how well a bank is using its resources to make a profit. Common examples of financial performance include operating income, earnings before interest and t

13、axes, and net asset value. It is important to note that no one measure of financial performance should be taken on its own. Rather, a thorough assessment of a company's performance should take into account many dif

14、ferent measures. Financial performance is a subjective measure of how well a bank can use assets from its primary mode of business and generate revenues. This term is also used as a general measure of a firm's over

15、all financial health over a given period of time, and can be used to compare similar firms across the same industry or to compare industries or sectors in aggregation. 52 International Research Journal of Finance and

16、Economics - Issue 68 (2011) increased by 17.4%, 14.6% and 2.4% respectively. The results supported the hypothesis that the financial reforms improved the banking efficiency of Pakistan banking sectors. Al-Obaidan (2008

17、) suggest that large banks are more efficient than small banks in the Gulf region. Tarawneh (2006) found that the bank with higher total capital, deposits, credits, or total assets does not always mean that has better

18、profitability performance. Financial performance of the banks was strongly and positively influenced by the operational efficiency and asset management, in addition to the bank size. Jahangir, Shill and Haque (2007) s

19、tated that the traditional measure of profitability through stockholder’s equity is quite different in banking industry from any other sector of business, where loan-to-deposit ratio works as a very good indicator of b

20、anks' profitability as it depicts the status of asset-liability management of banks. But banks' risk is not only associated with this asset liability management but also related to growth opportunity. Smooth gr

21、owth ensures higher future returns to holders and there lies the profitability which means not only current profits but future returns as well. So, market size and market concentration index along with return to equity

22、 and loan-to-deposit ratio grab the attention of analyzing the banks’ profitability. X. Chen et all (2005) applies frontier analysis (X-efficiency) using DEA to examine the cost, technical and a locative efficiency of

23、 43 Chinese banks over the period 1993 to 2000. In this paper the input used are interest expenses, non-interest expenses (which includes the price of labor), price of deposits (interest paid on deposits divided by dep

24、osits), and the price of capital (non-interest expenses are divided by fixed assets); Outputs used are loans, deposits and non-interest income. Results show that the large state-owned banks and smaller banks are more e

25、fficient than medium sized Chinese banks. In addition, technical efficiency consistently dominates the a locative efficiency of Chinese banks. Fadxlan Sufian (2006) applied DEA window analysis approach to examine the

26、long-term trend in the efficiency of 29 Singapore banking groups during the period of 1993-2003. In this paper, the input vector includes (x1) Total Deposits, which includes deposits from customers and other banks and

27、 (x2) Fixed Assets while (y1) total loans, which includes loans to customers and other banks and (y2) Other Income, which consists of fee and commission incomes and other non-interest operating income are the output ve

28、ctors. The results suggest that the Singapore banking groups have exhibited mean overall or technical efficiency of 88.4 per cent. It was found that the Singapore banking groups’ overall efficiency was on a declining t

29、rend during the earlier part of the studies, before increasing dramatically during the later period. (Maghyereh, 2003) Jordan undertook major financial sector liberalization starting in the early of 1990s. The effect

30、of this reform on the efficiency of the banking sector is evaluated. A non parametric method of Data Envelopment Analysis (DEA) has been used to arrive at the efficiency scores for a panel data sample covering eight Jo

31、rdanian commercial banks over the period 1984 to 2001. The findings suggest that liberalization program was followed by an observable increase in efficiency. Another finding of the study is that large banks demonstrate

32、d the faster productivity growth during the liberalization. The study has important implications such as guiding the government policy regarding deregulation and liberalization. Chowdhury (2002) observed that the bank

33、ing industry of Bangladesh is a mixed one comprising nationalized, private and foreign commercial banks. Many efforts have been made to explain the performance of these banks. Understanding the performance of banks req

34、uires knowledge about the profitability and the relationships between variables like market size, bank's risk and bank's market size with profitability. Indeed, the performance evaluation of commercial banks is

35、 especially important today because of the fierce competition. The banking industry is experiencing major transition for the last two decades. It is becoming imperative for banks to endure the pressure arising from bo