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Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia

Authors: LAWAL Esther

Publication Type: Journal article

Journal: Babcock Journal Of Econmics And Finance

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Abstract

This study has assessed the consolidation of banking industry in Nigeria with lessons drawn from Turkey and Malaysia. The objective was to establish disparities and suggest the way forward for the sector in Nigeria. Historical cum expository analysis technique was the methodology used for the study. As such, precedence of past occurence was used to cast light on the present and project the future. Results showed that although much ground has been covered, the consoldation process in Nigeria was still ongoing. However, important lessons drawn included the establishment of Asset Management Corporation of Nigeria (AMCON) and co-existence of small banks alongside medium and large banks. Consequently, the study recommended for the authorities, CBN and NDIC, to ensure that the consolidation process spanned long-term gestation period in order to tackle existing and potential challenges in the sector in particular and the economy in general.

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LAWAL,E. . (0000). Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia, 2 (), 80-80.

LAWAL,E. . "Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia" 2, no (), (0000): 80-80.

LAWAL,E. and . (0000). Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia, 2 (), pp80-80.

LAWALE, . Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia. 0000, 2 ():80-80.

LAWAL,Esther , . "Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia", 2 . (0000) : 80-80.

L.Esther , "Bank Consolidation in Nigeria: Lessons from Turkey and Malaysia" vol.2, no., pp. 80-80, 0000.

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