EFFECT OF MERGER AND ACQUISITION ON BANK PERFORMANCE

TABLE OF CONTENTS

TITLE PAGE                                                                                     i

CERTIFICATION                                                                             ii

DEDICATION                                                                                   iii

ACKNOWLEDGEMENT                                                    iv-v

TABLE OF CONTENT                                                                    vi-viii

CHAPTER ONE                                                     

1. Introduction                                                              1-2

1.1 Statement of the problems                                           2-3

1.2 Objective of the study                                                  3-4

1.3 Scope and limitation of the study                               4

1.4 Significance of the study                                              5

1.5 Research methodology                                                 6

1.6 Definition of terms and concepts                                6-8

1.7 Organization and plan of study                                   8-10

CHAPTER TWO

2.0 Literature review                                                                       11

2.1 Conceptual issue on merger and

acquisition                                                                            11-18

2.2 Motive behind merger and acquisition

in bank industries.                                                               18-21

2.3 Effect of bank consolidation in the banking

industries                                                                                           22-23

2.4 Strategies of post consolidation on

the Nigeria economic.                                                                     23-26

2.5 The effect of post consolidation on

the Nigeria Economic                                                                      27

2.6 Benefit of merger and acquisition

on bank performance                                                                      28-29

2.7 Problem of merger and acquisition

on bank performance                                                                      29-31

CHAPTER THREE

3.0 Case study and methodology                                                32

3.1 Brief history of intercontinental bank Plc.                       32-36

3.2 Research design and data collection instrument       37-38

3.3 Characteristics of the study population and sampling 38

3.4 Administration of the data collection instrument      38-39

3.5 Procedure for processing collected data                                39

3.6 Limitation of the study                                                 39-40

CHAPTER FOUR

4.0 Data presentation and analysis                                   41-60

CHAPTER FIVE    

5.0 Finding base on data analysis                                      61

5.1 Summary                                                                         61-62

5.2 Conclusion                                                                                 62-63

5.3 Recommendation                                                                       63-64

5.4 Suggestion for further study                                        64

5.5 References                                                                                  65-66

Questionnaire                                                                                  

CHAPTER ONE

1. GENERAL DESCRIPTION OF THE STUDY

The recent competition by banks to entrance their shares capital was spared by the induced consolidation exercise when may initiated by the governor of Central Bank of Nigeria (CBN) Professor Charles Soludo at te quarter of 2004.

The vision according to Soludo may ensure that, the financial service sector of the nation economic growth in recent time all, most of all the banks are going back to the nation capital to raise fresh fund to enhance their capital to raise fresh fund to enhance their capital base and expand branch network, locally and internationally.

The eagerness to raise more money that is the capital base may pushed than to incorporate merger and acquisition as a component part of their fund raising scheme.

June 1997 merger is the coming together of two or more company to become large company. While acquisition is when a bigger company acquire the smaller one in term of it financial responsibility.

In this case, the performance of bank may improved especially in the area of breach networking and the service they render to the general public modern to meet the demand of their customer, it may also improve the capacity of the banks to finance major project in Nigeria.

1. STATEMENT OF THE PROBLEM

The research work will show the problem of merger acquisition on bank performance as follows:

1. What are the problems associated with merger and acquisition on bank performance?
2. How merger and acquisition affect the banking industries?
3. What are the effect of merger and acquisition on bank performance?
4. What are the benefit customer acquire from bank as a result of merger acquisition?
5. What are the problem associated with merger and acquisition on bank performance?
   1. OBJECTIVE OF THE STUDY

The objective of the study is on how the establishment on aims of merger and acquisition on bank performance. Therefore, the following lead to the aim and objective of the study.

1. I study this research to examine the conceptual issue on merger acquisition.
2. I study this research to find out how merger and acquisition on bank performance
3. I study this research to determine the effect on merger acquisition on bank performance
4. I study this research to enumerate the benefit customer acquire as a result of merger acquisition.
5. I study this research to find out the problem of merger acquisition on bank performance.