AN INTEGRATED DSS FOR FINANCING FIRMS BY AN INDUSTRIAL-DEVELOPMENT BANK IN GREECE

This paper presents an integrated DSS for the analysis and financing o f firms by an industrial development bank in Greece. Firstly, the syst em evaluates the financial performance of firms (financial ratios of p rofitability, managerial performance, solvency) during a 5-year period and allows inferences about their development tendencies. Furthermore , multivariate statistical techniques (discriminant analysis, principa l components analysis) are available to aid in the identification of t he most significant financial ratios and in the grouping of the firms in coherent categories. Finally, a multi-criteria method is used, whic h ranks the firms from the most dynamic to the bankrupt and in this wa y dynamic to the bank to select the less risky for financing. The capa bilities of the system are illustrated with actual data provided by th e bank.