Suitability of Z-score index to measure financial stability of Syrian Traditional Private Banks

This paper aimed to study The suitability of (Z-score) index to measure banking financial stability of Syrian Private Traditional Banks, To achieve this purpose, the researcher built a model during the period from Q1-2010 to Q4-2014,using Cross-Sectional series of Banking financial performance variables and analyzing it using Panel Data Analyze. The main results are:  The suitability of (Z-Score) index to measure financial stability of Syrian Traditional Private Banks.  The financial stability of all Syrian Traditional Private Banks.  The significant positive relation between Book to market value(BM), Capital Adequacy (Adec) and financial stability index (Z-Score).  The significant negative relation between Quality of loan portfolio (QUAL), Deposit employment (NET/DEP) and financial stability index (Z-Score).  The absence of significant relation between(Z-Score) and banking performance ratios: Cover ratio(COV), bank's Liquidity (LIQ), and profitability measured by the ratio of Adjusted Return on Equity (Roe$).