ABSTRACT
This Study examined the effect of
bank merger and acquisition on lending to small scale business in Abia state,
Nigeria. Poor knowledge of the extent and the directions of the impacts of bank
consolidations on small business lending have led to significant
counterproductive policies capable of pulling down the entire economy in near
future in Nigeria, his is the problem; running an economy through assumption is
costly and quite risky. The main objective of the study is to determine the
effect of bank mergers and acquisitions on lending to small business borrowers
in Abia State, Nigeria, while the specific objectives of this study sought to
determine the extent of the impact of changes in consolidated banks' deposits
on small business lending in Abia State. The data collected were from secondary
source using an Ex-post Facto research design. The collected were then
tabulated and revealed and analyzed using simple and multiple regression
analysis. The findings were summarized that Changes in consolidated banks' deposits
has, a significantly impact on small business lending and Changes in
consolidated banks' deposits has a significantly impact on small business
lending. Based on the findings of this study, the following recommendations
were made; Merger and acquisition is a strategic tool that must be cautiously
applied and implemented. The maturation period of the merger must be allowed so
that the financial records of the intending firms coming together can be
properly scrutinized by the board of directors of each firm and the regulatory
agencies and more over Merger and acquisition is supposed to be an intention of
which either of the parties to the merger/acquisition can opt-out if
hanky-panky (fraud or deceit) is discovered as being perpetuated.
SUNDAY, S (2021). Effect Of Bank Merger And Acquisition On Lending To Small Scale Business Borrowers In Abia State, Nigeria.. Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-bank-merger-and-acquisition-on-lending-to-small-scale-business-borrowers-in-abia-state-nigeria-7-2
SOROMTOCHI, SUNDAY. "Effect Of Bank Merger And Acquisition On Lending To Small Scale Business Borrowers In Abia State, Nigeria." Mouau.afribary.org. Mouau.afribary.org, 22 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-bank-merger-and-acquisition-on-lending-to-small-scale-business-borrowers-in-abia-state-nigeria-7-2. Accessed 27 Nov. 2024.
SOROMTOCHI, SUNDAY. "Effect Of Bank Merger And Acquisition On Lending To Small Scale Business Borrowers In Abia State, Nigeria.". Mouau.afribary.org, Mouau.afribary.org, 22 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-bank-merger-and-acquisition-on-lending-to-small-scale-business-borrowers-in-abia-state-nigeria-7-2 >.
SOROMTOCHI, SUNDAY. "Effect Of Bank Merger And Acquisition On Lending To Small Scale Business Borrowers In Abia State, Nigeria." Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-bank-merger-and-acquisition-on-lending-to-small-scale-business-borrowers-in-abia-state-nigeria-7-2