The objective of this study is to construct an approach based on multiple criteria decision making (MCDM) and balanced scorecard (BSC) for evaluating performance for three nongovernmental Iranianââ?¬â?¢s banks. Following the literature relating to banking performance and BSC concepts, experts and managers select 21 indexes for evaluation. Furthermore, fuzzy analytic hierarchy process (FAHP) calculated the relative weights of each chosen index in order to tolerate vagueness and ambiguity of\r\ninformation, and threeMCDM analytical tools (TOPSIS, VIKOR, and ELECTRE) were adopted to rank the banking performance. The results indicate that a customer ââ?¬Å?Cââ?¬Â has the most significant BSC perspectives and the customer satisfaction ââ?¬Å?C1ââ?¬Â is the most\r\nmajor index in banking sector. This proposed fuzzy MCDM method combined with BSC approach is a comprehensive and up-todate model that can be a useful and effective assessment tool.
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