| Abstract [eng] |
The banking and financial sector is a most dynamic sector that goes through a series of structural changes. Banks’ role in the financial system of a country cannot be disputed, their importance to the economy especially obvious in the light of the latest financial crisis, when inadequate operations of banks were one of the reasons behind the emergence and spread of said crisis. Mergers and acquisitions are usually driven by an ambition to gain as much weight as possible in the international banking space, to eliminate competition from profitable areas of business, to procure added financial benefits for the shareholders, to expand the range of services, and to effectively manage the resources available. Such consolidation processes inevitably affect the financial system of a country or region. Therefore, the scientific problem of this dissertation is to identify the factors that cause mergers and acquisitions in banking and to analyse how mergers and acquisitions of banks affect the domestic financial system. The purpose of the dissertation is to designing a model to assess mergers and acquisitions in the banking sector after analysing the mergers and acquisitions in banking and their effect on the domestic financial system. Based on theoretical and empirical research, the author has designed a model to assess mergers and acquisitions in banking that integrates macro and micro factors and the establishing of a bank’s value, affecting the making of bank merger and acquisition transactions. This model allows identifying and appraising elements that could affect further successful and stable operation of the resultant bank, and the financial system in general. |
