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...

Full description

Bibliographic Details
Main Author: E. G. Kontos
Format: Article
Language:Russian
Published: Russian Academy of Entrepreneurship 2020-01-01
Series:Путеводитель предпринимателя
Subjects:
Online Access:https://www.pp-mag.ru/jour/article/view/963
_version_ 1826569077327396864
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