Record Details

Bank Consolidation and Deregulation Effects on the Level of Competition in the Nigerian Banking Industry.

International Journal of Economic Practices and Theories

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Title Bank Consolidation and Deregulation Effects on the Level of Competition in the Nigerian Banking Industry.
 
Creator OFOEGBU, DONALD IKENNA
Adeyele, Iyeh Titilope
 
Subject Economics
Bank Competition, Interest Rate Spread, Deregulation, Consolidation, Regression.
G21
 
Description The study was to determine the effect of deregulation and consolidation on the level of competition in the Nigerian banking industry. The study employed a Multiple OLS Regression analysis to test the effect of the independent variables on the dependent variable, before which a pre-test for Stationarity was employed (ADF test) and a Johenson Cointegration Test. Having established the fact from the results that there exists a long run relationship, the study confirms the fact that a more concentrated industry with few banks resulting from consolidation via merger and acquisition, does bring about economics of scale, innovation and heighten competition in the banking industry. A similar effect was also noticed in the deregulation/liberalization impact as a more liberalized (or deregulated) financial system will bring about heighten competition, positive interest rates, and higher savings; though it was found to be insignificant.
 
Publisher International Journal of Economic Practices and Theories
 
Contributor —
 
Date 2013-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ijept.org/index.php/ijept%20/article/view/Bank_Consolidation_and_Deregulation_Effects_on_the_Level_of_Competition_in_the_Nigerian_Banking_Industry
 
Source International Journal of Economic Practices and Theories; Vol 3, No 1 (2013); 37-49
2247 – 7225
 
Language eng
 
Relation http://www.ijept.org/index.php/ijept%20/article/view/Bank_Consolidation_and_Deregulation_Effects_on_the_Level_of_Competition_in_the_Nigerian_Banking_Industry/pdf
http://www.ijept.org/index.php/ijept%20/article/downloadSuppFile/Bank_Consolidation_and_Deregulation_Effects_on_the_Level_of_Competition_in_the_Nigerian_Banking_Industry/7