Download or read book Analysis of Pre and Post Merger and Acquisition Financial Performance of Banks in Pakistan written by Qamar Abbas and published by . This book was released on 2018 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merger and Acquisition is a strategy adopted by the organizations globally to meet the needs of dynamic business environment. This strategy also has much importance in Pakistan mostly in banking sector. Therefore, the objective of the study is to assess the impact of M&A on the financial performance of banks in Pakistan. The accounting and financial data of 10 banks were used in this study. Data was taken from the financial statement analysis (FSA) by State Bank of Pakistan from the period of 2006- 2011. For the analysis of pre and post Merger and Acquisition performance 15 financial ratios were used in the study. To compare the results Paired sample t-Test was used to measure the significant difference between pre and post M&A financial performance. The overall results show that there is no significant difference in financial performance. It is concluded that there is insignificant difference between pre and post M&A performance of banks in Pakistan.
Download or read book Financial Performance of Banks in Pakistan After Merger and Acquisition written by Qamar Abbas and published by . This book was released on 2018 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business transactions are going to be fast day by day because of dynamic changes in the global environment. Merger and Acquisition is a strategy adopted by the organizations globally to meet the needs of recent dynamic business environment. It has achieved much attention and importance in corporate world. In Pakistan, this strategy has been used widely in banking sector. Therefore, the objective of the study is to evaluate the financial performance of banks in Pakistan after M&A. The financial and accounting data for 10 banks was taken from the Financial Statement Analysis by State Bank of Pakistan. Profitability & Efficiency, Leverage, and Liquidity ratios were used to measure the financial performance, where pre and post ratio analysis was done. Results of the study show that there is no positive improvement in the financial performance of the banks in Pakistan after Merger and Acquisition.
Download or read book Mergers Acquisitions and Banks Performance in Pakistan written by Ammar Ahmed and published by . This book was released on 2016 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pakistan is one of those developing countries in which law and order and security issues are the major problems. Economic conditions are not ideal due to which many firms are doing merger and acquisition to improve their financial performance. Our research study has tried to measure the affect of these merger and acquisitions on the financial performance of the banks in Pakistan. The main objective is to check whether merger and acquisition in banks of Pakistan has increased their performance or not. Merger and acquisition is the independent variable whereas financial performance is the dependent variable. Financial performance is determined through liquidity ratios (DTA, CTA), profitability ratios (ROA, ROE) and solvency ratios (D/E, DR). Data is collected from annual reports of the banks. Only those banks are included which are listed in the Karachi stock exchange in Pakistan. Our results showed that performance of mostly banks increased after merger and acquisition but it is not true for all the banks which reveals that banks should consider more information and detailed analysis should be done before doing merger and acquisition in Pakistan. Results of this research would also help to different stakeholders like researchers, investors, creditors, employees, bankers etc. in understanding the importance of merger and acquisitions.
Download or read book Analysis Of Mergers And Acquisitions In The Indian Banking Sector Under Post Liberalization Era written by Rahul KrishnajiKavishwar and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Profitability Impact of Mergers Acquisitions among Banks in Lebanon written by Rami Saleh and published by GRIN Verlag. This book was released on 2013-05-08 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2009 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, , language: English, abstract: A study of the impact of mergers and acquisitions on the economic profitability among Banks in Lebanon
Download or read book Bank Mergers Acquisitions written by Yakov Amihud and published by Springer Science & Business Media. This book was released on 1998-02-28 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.
Download or read book The Risk and Financial Performance of Banks Post Mergers and Acquisitions written by Moshe Toledo and published by . This book was released on 2004 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pre Post Merger Financial Performance written by Nidhi Nalwaya and published by . This book was released on 2017 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The corporate sector, be it Services or Manufacturing globally is restructuring its operations through mergers and acquisitions in an unprecedented manner. This phenomenon is more predominant in hyper-competitive markets like India. Indian companies like HDFC Bank, ICICI bank, Airtel etc. are reckoned as global competitors in their sectors. These Indian firms have also learnt that inorganic growth is a faster mechanism. M&As are used by corporate sector to eye the units all around the operational region which, in-turn, will help them restructure financially. The driving force is restructuring the corporate entities financially through the medium of M&As.Since Mergers and Acquisitions have emerged as a natural process of business restructuring throughout the world and financial restructuring through mergers and acquisitions evokes a great deal of public interest and perhaps represent the most dynamic facet of corporate strategy and evolution, the researcher found it suitable to study the impact of mergers and acquisitions on financial performance vis Value Creation of Indian companies. For the purpose the researchers have taken the case of merger/acquisition from the Banking sector - ICICI Bank - Bank of Rajasthan Ltd.
Download or read book Impact of Global Financial Crisis on Banks Financial Performance in Pakistan written by Mian Sajid Nazir and published by . This book was released on 2015 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis in 2008 adversely affected the financial setups all around the globe with far reaching consequences for its victims. This study aimed at analyzing various determinants of banks' financial performance in Pakistan along with intention to ascertain the impacts of global financial crisis on the relative contribution of these determinants towards financial performance. The step-wise multiple regression analysis and pre-post comparison of coefficients were carried out in this regard. This study found that assets quality is the most influential determinant of return over assets (ROA) followed by bank size and solvency. Advances, liquidity, investments, and size have positive while poor assets quality and deposits have negative impact over ROA. A comparison of the pre-crisis and post-crisis coefficients of the determinants of ROA reveled that the global financial crisis has exerted significant impact on the relative ability of these determinants to explain variations in ROA.
Download or read book Impact of Mergers and Acquisitions on Financial Performance written by Anurag Pahuja and published by . This book was released on 2016 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers and acquisitions (M&As) have become an essential mechanism of Corporate Restructuring. In the past two decades, there has been an upsurge in the volume of M&A activity in diverse sectors such as finance, pharmaceuticals, telecom, FMCG and banking sector. The banking industry has also witnessed its own share of M&A activity. The paper is an attempt to analyze the effect of mergers on the pre and post merger performance of Indian Banks. Various ratios along with event study methodology have been used to find out the effect of mergers and acquisitions on the performance of acquiring firms for both pre and post-acquisition periods. The results provide no statistically significant evidence of any impact of mergers and acquisitions on the firm profitability as measured through various ratios.
Download or read book Financial Performance of Banks in Pakistan written by Faisal Sher and published by . This book was released on 2016-02-25 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Bank Merger Wave The Economic Causes and Social Consequences of Financial Consolidation written by Gary Dymski and published by Routledge. This book was released on 2016-09-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This far-reaching study shows that operating efficiencies are not what are driving today's unrelenting bank merger mania. It suggests that bank mergers and consolidation may have effects that are contrary to consumer and non-financial business interests, such as lower rates of interest, increasing fees, and tighter credit constraints. Dymski recommends several new policies to apply to the evaluation of prospective mergers.
Download or read book Effect of Merger on Financial Performance in Banking Industry written by Megha Aggarwal and published by . This book was released on 2018 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of 21 century, companies adopt various strategies to grow rapidly in their sector or new origin or field. One major aspect of such strategies is Merger and Acquisition, commonly known as M&A, widely used by the organizations. Where Merger is a mutually agreed decision by the companies, Acquisitions are the takeovers or unwilling deals between the organizations. Major benefit as considered by any organization is the benefit of synergy i.e., creating value which is greater than the simple total of its parts. Experiencing for other benefits such as entering in new market, cost reduction, cross selling, risk diversification, increasing shareholder's value, M&A can be done within the industry or outside the industry. Reports on daily basis provided by media for various update of any of the industry either bollywood for latest releases, sports for world cup matches or stock market for ups and downs. Banking Industry in India is also in news for its various deals of Mergers and Acquisitions from long years back. Various mergers have taken place in the industry such as State Bank of India acquired Bank of Bihar Ltd and National Bank of Lahore in the year 1969 and 1970 respectively. ICICI Bank has done many mergers with different banks. It got started to acquire banks in 2001 with Bank of Madura Ltd, in 2002 with ICICI Personal Finance Services Ltd and ICICI Capital Services Ltd, in 2007 with Sangli Bank Ltd., in 2010 with the Bank of Rajasthan (BoR). This paper focuses on one of these mergers i.e., ICICI Bank (Acquirer) and The Bank of Rajasthan (Target). The main objective of this paper is to analyze financial performance of ICICI bank pre and post-merger. Financial performance has been analyzed with the help of ratios specifically in the areas of profitability, Liquidity and Leverage. Further T-test has been used to determine the significance differences in these financial performance areas. Analyses show that there is a significant benefit has been achieved by ICICI Bank after the merger. Analysis also shows that there is significant improvement in company's return on equity, interest coverage, earnings per share and dividend per share in post merger period.
Download or read book The Determinants and Effects of Mergers written by Dennis C. Mueller and published by Cambridge, Mass. : Oelgeschlager, Gunn & Hain ; Königstein/Ts. : Verlag A. Hain. This book was released on 1980 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book M As written by Oluseyi Aju and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work reviews conceptual perspectives on mergers and acquisitions, and its impact on the Nigerian banking consolidation program. Through an exploratory research approach that relied on secondary data, relevant financial ratios were used in analyzing a five-year (2002-2007) financial statement of Skye Bank and its post-merger share price movement. An unsteady post-merger profitability was initially evident between year 2004 and 2005, however, the study shows a fairly substantial improvement in the overall financial performance of Skye Bank over the period of five years covered in the analysis. This study further analyzes relevant factors that could have enhanced an improved or unimproved post merger performance of Skye Bank. A performance summary of Skye Bank between 2008 and 2009 was also explored. The study concludes with appropriate recommendations.
Download or read book Financial Performance of Pakistani Banks After the Implementation of Reforms written by Tahera Kalsoom and published by . This book was released on 2017 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pakistani banking industry has been facing a series of successes and failures after the implementation of reforms. The financial institutions of the developing countries such as Pakistan have suffered after the onset of global financial crisis from 2009-2016. Whilst studies have been performed in many other countries to assess banking sector's performance after the crisis, limited efforts exist in the context of Pakistani banking industry, particularly in relation to stock price changes and credit risk. This work is therefore, aimed to fill this gap by studying the effects of financial reforms implemented in early stages of recession on the efficiency of Pakistani banks in the past eight years. Measures of profitability, liquidity, capital and credit quality performance using five financial ratios; Return on Assets (ROA), Cost/Income ratio (C/I), Loan Loss Reserves/Gross Loans ratio (LLR/GL), Total Loans/Total Assets ratio (TL/TA) and Capital Adequacy Ratio (CAR), and their impact on stock price changes of the five banks are used to characterise the performance of the banks in the period of 2009-2016. The data is organized using panel data technique and multiple regression is adopted for the analysis. The results indicate a significant change in banks' performance after the global financial crisis, having the highest impact in 2011 with declining profitability and poor credit performance. Later years have seen stabilized banking conditions with increased profitability and control on Non-Performing Loans by reducing provisions of risky loans. The stock price changes have revealed a positive relationship with ROA and least positive relationship with CAR, whereas a negative relationship has been found with LLR/GL and TL/TA. Moreover, it is observed that the market considers ROA and C/I in decision making as the results have shown a highly positive correlation of these ratios with stock prices. It also depicts that investors show no particular interest in credit risk and have focused on profitability of the banks instead. This suggests that the regulators in the country should revisit their priorities to come at par with investors and market interests by reducing their focus on decreasing the credit risk.
Download or read book Corporate Governance and Firm Performance The Role of Transparency and Disclosure in the Banking Sector of Pakistan written by Muhammad Arslan and published by . This book was released on 2015-07-16 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2014 in the subject Business economics - Miscellaneous, language: English, abstract: The purpose of this paper is to empirically examine the relationship between transparency and disclosure and firm performance. Highlighting the importance of corporate governance in banking sector, the paper has focused in depth over its role, level and its impact on performance in banking industry of Pakistan. The paper access this purpose by constructing transparency and disclosure index for the past five year 2007-2011, using proxies for three sub-categories which are board and management structure disclosure, ownership structure disclosure and financial transparency disclosure. The paper also investigated structural changes of T&D Index and its effect on bank financial performance over the sample of 30 banks operating in Pakistan. Empirical analysis results by using ordinary least square regression model, reveals that financial performance is positively related to the transparency and disclosure and their sub levels except ownership structure disclosure which has negative relation with both ROA and ROE. Furthermore the average T&D level in Pakistani banking sector is above average. The current research paper aims for important policy implementation to reduce information asymmetry and improve corporate governance and firm performance in banking sector of Pakistan.
