CAMELS vs EAGLES: PhD research

Dear John,
Thank you very much for your kindness sending me your articles.
This time i'm preparing my thesis. Honestly, first i was interested to write 'bout CAMEL. But after finding your blog (, and read bout "Why CAMEL failed to recognize the weakness of banks...." , i'm so interested to know more bout this EAGLES and the basic knowledge of it. If you have any other articles bout EAGLES, would you please send me?? it will be so helpful for my thesis. Well, to be true, i have difficulties in searching EAGLES topics on the net. bunches of thanks.

Dear Nila, there are not many articles on EAGLES. The concept is wating for researchers like you to develop further. researchers can actually undertake a PhD thesis by comparing CAMEL and EAGLES. I certainly hope that you can do it someday.
The EAGLES has actually predicted stress in the Thai and Indonesia banks before the Asian financial crisis. The articles on EAGLEs were written and presented way before the Asian financial crisis. But nobody listen to research that says their banks are weak. Hope you have success in your research. If you need any help, please let me know. I shall help you where possible.


Dear Mr. John,

May I know whether EAGLES concept is applicable for other industries (e.g. properties, F&B, construction) besides the banking industry?

If yes, is there any study that has been done on this concept?

I would like to know what is EAGLES all about, but yet unable to come across any study on this. And if possible, may I get the full reference of your study on EAGLES concept?

Thank you.

Excellent writing, i did read it two times so sorry for this, i have passed it on to my
mates, so confidently they will like it as well.