STATISTICAL ANALYSIS OF THE FINANCIAL SITUATION OF THE BANKING SECTOR

Statistical analysis is the process of collecting large volumes of data and then using statistics and other data analysis techniques to identify trends, patterns, and insights. If you're a whiz at data and statistics, statistical analysis could be a great career match for you. The statistical analysis of the situation in the banking sector is a process of studying the main indicators that characterize banking activity in modern conditions. An important direction in the analysis of the banking sector is to determine its reliability and sustainability. The reliability and stability of the banking system are largely determined by the financial performance of the banks. With a dynamic, structural, factor analysis of analytical and statistical information about the processes taking place in this area, tendencies in the banking sector are revealed. The statistical analysis covers the main indicators of the bank's resource base and the efficiency of its operation. The statistical analysis analyzes the main trends of changes in the structure of liabilities and assets of the banks and provides an analysis of the coefficients of loans and deposits. The financial analysis of the state of the banking sector includes the study of the factors that influence the activities of banking institutions. Statistics in banking is becoming increasingly important to the extent that modern banking at all levels would be impossible without the application of statistical methods. In the professional world, banking statistical analysts take raw data and find correlations between variables to reveal patterns and trends to relevant stakeholders. Working in a wide range of different fields, banking statistical analysts are responsible for new scientific discoveries, improving the health of our communities, and guiding business decisions.