Neural networks in the banking business: study of the influence of exogenous factors
Due to a number of weaknesses of the mathematical models found in use in the banking industry, the author proposes the use of new methods such as the «automatic generation of a trained neural network». The neural network simulates outgoing consolidated banking indicators based on the input of a numb...
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Format: | Article |
Language: | Russian |
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Russian Academy of Entrepreneurship
2020-01-01
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Series: | Путеводитель предпринимателя |
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Online Access: | https://www.pp-mag.ru/jour/article/view/963 |
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author | E. G. Kontos |
author_facet | E. G. Kontos |
author_sort | E. G. Kontos |
collection | DOAJ |
description | Due to a number of weaknesses of the mathematical models found in use in the banking industry, the author proposes the use of new methods such as the «automatic generation of a trained neural network». The neural network simulates outgoing consolidated banking indicators based on the input of a number of economic and demographic indicators associated with the country of the banks’ location. This new approach was designed to research the influence of input factors in the neural network on a single output factor. It was tested using data of twelve (12) European countries and researching the influence of a few selected exogenous (economic and demographic) indicators on the «Percentage of Bank Non-performing loans». The results may be used as empirical evidence for the eligibility of the proposed method. |
first_indexed | 2024-04-10T03:49:32Z |
format | Article |
id | doaj.art-83919c2352eb42ed80352db54d2f8c5d |
institution | Directory Open Access Journal |
issn | 2073-9885 2687-136X |
language | Russian |
last_indexed | 2025-03-14T11:33:36Z |
publishDate | 2020-01-01 |
publisher | Russian Academy of Entrepreneurship |
record_format | Article |
series | Путеводитель предпринимателя |
spelling | doaj.art-83919c2352eb42ed80352db54d2f8c5d2025-03-02T10:02:18ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2020-01-01021172182962Neural networks in the banking business: study of the influence of exogenous factorsE. G. Kontos0MIEPLDue to a number of weaknesses of the mathematical models found in use in the banking industry, the author proposes the use of new methods such as the «automatic generation of a trained neural network». The neural network simulates outgoing consolidated banking indicators based on the input of a number of economic and demographic indicators associated with the country of the banks’ location. This new approach was designed to research the influence of input factors in the neural network on a single output factor. It was tested using data of twelve (12) European countries and researching the influence of a few selected exogenous (economic and demographic) indicators on the «Percentage of Bank Non-performing loans». The results may be used as empirical evidence for the eligibility of the proposed method.https://www.pp-mag.ru/jour/article/view/963banking modelsneural network modelingexogenous factor |
spellingShingle | E. G. Kontos Neural networks in the banking business: study of the influence of exogenous factors Путеводитель предпринимателя banking models neural network modeling exogenous factor |
title | Neural networks in the banking business: study of the influence of exogenous factors |
title_full | Neural networks in the banking business: study of the influence of exogenous factors |
title_fullStr | Neural networks in the banking business: study of the influence of exogenous factors |
title_full_unstemmed | Neural networks in the banking business: study of the influence of exogenous factors |
title_short | Neural networks in the banking business: study of the influence of exogenous factors |
title_sort | neural networks in the banking business study of the influence of exogenous factors |
topic | banking models neural network modeling exogenous factor |
url | https://www.pp-mag.ru/jour/article/view/963 |
work_keys_str_mv | AT egkontos neuralnetworksinthebankingbusinessstudyoftheinfluenceofexogenousfactors |