Effect of Merger and Acquisition on Bank Performance (A Case Study of Intercontinental Bank Plc, Unity Branch, Ilorin)

TABLE OF CONTENTS

TITLE PAGE                                                                      i

CERTIFICATION                                                               ii

DEDICATION                                                                    iii

ACKNOWLEDGEMENT                                         iv-v

TABLE OF CONTENT                                                       vi-viii

CHAPTER ONE                                          

1.0           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

1.0           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 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.