Analysis of the impact and performance of merger of Access Bank and Diamond Bank Plc in Nigeria

Bc. Gbenga Samuel Lawal

Master's thesis

Abstract:

This study examines the impact of merger and acquisition on the performance of financial Institution in Nigeria. While reviewing from 2010 – 2021, the study considered deposit, productivity, risk assets, Shareholder’s equity and Total assets as measurements for the performance and effect of merger and acquisition on the banks in both pre & post-merger and acquisition period between Access bank Plc and Diamond Bank plc, Nigeria. The t-test statistical tool was used to test for the performances of all variables as the sample size is less than 30 using python analytical tools. The findings shows that there is a statistically significant differences between deposits productivity, risk assets, Shareholder’s equity and Total assets of both banks before Merger (2010-2018). On the other hand, there is no significant relationship between Premerger and acquisition and post-merger & acquisition and Profitability of Access Bank and after the Merger. The study therefore recommends that, Mergers and Acquisition activities should be encouraged, it leads to the corporate Survival, corporate growth, increase in profitability and banks sustainability in Nigeria.

Keywords

Banking, Acquisition, Merger, Deposit, Share holders, Equity

Language used: English

Date on which the thesis was submitted / produced: 30. 3. 2022

Thesis defence

• Supervisor: doc. Ing. Irena Jindřichovská, CSc.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management