Synergy effects of bank mergers: A comparative case study on the mergers and acquisitions after the Asian financial crisis of the current top three banking institutions

Date of Publication

2006

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Management of Financial Institutions

Subject Categories

Finance and Financial Management

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management

Thesis Adviser

Rene B. Hapitan

Defense Panel Member



Paulynne J. Castillo,
Zalameda, Milkos Patrick B. Zalameda

Abstract/Summary

Mergers and Acquisitions (M&As) became widespread in the Philippines only after the Asian Financial Crisis in 1997. (Ang Baya, 2000) With today's increasing competition in the banking industry, the game is not only survival of the fittest but whether the synergies expected also fit the banks involved. The approach used by the proponents of this study was to examine and analyze the motives and synergies realized by three (3) acquirer banks namely Metropolitan Bank and Trust Company, Bank of the Philippine Islands, and Equitable PCI Bank based on a framework adopted from several studies involving M&As. The findings were then validated through interviews of key bank personnel.

The analyses revealed that the motives of each bank differs based on their core values, vision-mission, and assessment of the top management what is best for the bank. Thus, the synergies gained were also different from one another. Overall, the findings of the study can be used by the people or institutions involved or interested in M&As.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU13577

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

92, [10] leaves : ill. ; 28 cm. + 2 computer optical disc

Keywords

Bank mergers--Philippines; Financial institutions-- Merger--Philippines

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