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An Experimental Study on Fuzzy Expert System: Proposal for Financial Suitability Evaluation of Commercial and Participation Banks in Power Plant Projects in Turkey

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Proceedings of the 18th Online World Conference on Soft Computing in Industrial Applications (WSC18) (WSC 2014)

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Abstract

One of the very important and critical activities of the commercial & participation banks in Turkey is the real sectors’ project financing. The authorized Turkish banks, that are allowed to accept deposits and loan projects, should play a key role in the Turkish economy. The Turkish people should expect from them to manage this process in a very appropriate, transparent and trustworthy way by also considering their social responsibilities (not in favor of only net profit maximization objective). The most agreeable, applicable, beneficial, suitable, and useful decisions on “what to finance”, “when to finance”, “how to finance”, “in what terms to finance”, and “how long to finance” will make the whole system works, otherwise the country fails and collapses. This paper proposes an experimental fuzzy expert system to the commercial & participation banks for their power plant projects financing (loan) suitability evaluation studies in Turkey.

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Acknowledgments

The author would like to thank to Dr. Bernadetta Kwintiana Ane (conference) and Dr. Pavel Holeček (FuzzME). This study shall never be finalized and submitted to the conference without their consideration, guidance, and help. Please send your comments, feedbacks and criticisms to my e-mail (burakomersaracoglu@hotmail.com) in any format at any time. Your feedback will be very important and valuable for me during the development process of the models and systems for the real life applications.

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Correspondence to Burak Omer Saracoglu .

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Saracoglu, B.O. (2019). An Experimental Study on Fuzzy Expert System: Proposal for Financial Suitability Evaluation of Commercial and Participation Banks in Power Plant Projects in Turkey. In: Ane, B., Cakravastia, A., Diawati, L. (eds) Proceedings of the 18th Online World Conference on Soft Computing in Industrial Applications (WSC18). WSC 2014. Advances in Intelligent Systems and Computing, vol 864. Springer, Cham. https://doi.org/10.1007/978-3-030-00612-9_8

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