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Bank consolidation/capitalization in the Nigerian Commercial Bank(1986-2006):Causes,consequences and implication for the future

Ikpefan Ochei Ailemen

Manager Journal, 2010, vol. 12, issue 1, 54-71

Abstract: The CBN Governor noted that the vision or prospect of the CBN and the Federal Government of Nigeria is a banking system that is part of the global change, and which is strong and reliable. It is a banking system which must be efficient, depositors can trust and investors can rely upon. Using descriptive approach, this paper provides an in-depth analysis of the causes, consequences and implication of the policy thrust of the recent bank capitalization/consolidation of the Nigerian Commercial banks. The implications of this paper amongst others, is that reforms, remain a major tool for banking soundness, especially in the light of the recent global financial meltdown

Keywords: Bank; Capitalization; and; Bank; Consolidation. (search for similar items in EconPapers)
Date: 2010
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Handle: RePEc:but:manage:v:12:y:2010:i:1:p:54-71