BANK STRATEGIC DEVELOPMENT ALGORITHM

Abstract

Bank development strategic plan should be made on the basis of the network-based approach. Analyzed in detail are main elements of thenetwork-based approach that make it possible to take into account multi-layer banking activities. Benefi ts and disadvantages of the networkbased approach are discussed. Specific features of introduction of the network-based approach to banking institutions through network model development are determined. Network model development algorithm is brought about. While implementing the network-based approach for bank development planning, system analysis should be used stage-by-stage.

Keywords

• bank
• network approach
• system analysis
• plan
• network model
• information provision
• information technology
• risk