A decision index to locate a new commercial bank branch

Abstract

In this study main objective is to build a decision model to find best location for new bank branch in Sri Lanka. The decision criteria consists eight main factors Demography, Facilities, Socio-Economy, Sectoral Employment, Trade Potential, Banking & Finance, Geography, Safety & Security and decomposed into sub factors. Fuzzy AHP is used to weight the criteria. The TOPSIS method is used to rank the alternative locations. Using the model, locations can be compared simultaneously and identify the best solution