Publication Details
Abstract
Technology breakthroughs and more access to international markets have significantly changed the corporate climate in recent years, escalating competition amongst economic entities. In order to evaluate these entities' strengths and shortcomings and support decision-making, performance evaluation has emerged as a critical tool. The main objective of this study is to use the CAMELS framework to assess Ashur International Bank's performance.
The study came to the conclusion that using the CAMELS evaluation method is crucial because it improves monitoring and control procedures, which aids in achieving the goals of shareholders and customers. Increased efficiency is made possible by recognizing the bank's operational strengths and limitations. This helps to discover the underlying causes of any inefficiencies and efficiently rectify them. Ashur International Bank had a score of 2.062, placing it in the second category (B2) according to the CAMELS criteria.
The research also proposed that the Central Bank of Iraq reassess the indicators of the CAMELS system in order to better reflect the distinctive characteristics of the regional banking industry. This was done in order to accomplish the aforementioned goal. It was suggested that other indicators, such as a customer satisfaction index, be included in order to provide a more comprehensive review. In addition, the research highlighted how important it is to encourage financial institutions to make effective use of their liquidity, invest deposits in new ventures, and give investment loans in order to boost profitability and provide support for the greater national economy.