A decision model for bank branch site selection: Define branch success and do not deviate
Metadatos
Mostrar el registro completo del ítemAutor
García Cabello, JuliaEditorial
ELSEVIER
Fecha
2019Referencia bibliográfica
García Cabello, J. (2019). A decision model for bank branch site selection: Define branch success and do not deviate. Socio-Economic Planning Sciences, 68, 100599.
Resumen
Site selection is one of the most important decision making processes for firms since, if done correctly, it
provides access to the best customers and the greatest market potential. In contrast, poor location
choices are costly and difficult to reverse.
This paper deals with the single branch site selection problem in the banking context. Due to the high
level of complexity (several factors have to be taken into consideration in the decision making process as
well as a wide range of entities' internal requirements), to date there is no single procedure that fits all
needs. This paper attempts to provide a solution to this problem by proposing a unified method based on
minimizing the distance from the candidate-branch to the most successful branches, taking into account
each banking institution’ notion of branch success. This methodology would work well at the lowest
possible cost.