Banking Merger and Acquisition (M&A) Caused by Changes in Financial Markets
DOI:
https://doi.org/10.46793/Rev24108223JKeywords:
bank mergers and acquisitions (M&A), credit risk, COVID 19, crisis in Ukraine, financial marketsAbstract
Changes in the financial market caused by Covid-19 and the crisis in Ukraine in 2022 led to great turbulence in the world economy. Some areas are more and some less affected by the new situation. In addition to the impact of Covid-19 and the crisis in Ukraine on the entire financial sector, the impact on bank mergers and acquisitions (M&A) should not be overlooked, both in the Republic of Serbia and in the world.In the paper, the author gives an overview of bank mergers and acquisitions (M&A) in the Republic of Serbia and in the world. Based on available data and reports from relevant financial institutions, an overview of the impact of Covid-19 and the crisis in Ukraine in 2022 on bank mergers and acquisitions (M&A) is given. In order to draw adequate conclusions, the data used in the paper are official data from the World Bank (WB), the Bank for International Settlements (BIS) in Basel, Deloitte, KPMG, as well as data from the National Bank of Serbia (NBS).
References
BIS, Basel III: towards a safer financial system, speech by Mr Jaime Caruana, General Manager of the BIS, at the 3rd Santander International Banking Conference, Madrid, 15 September 2010. p 9.
BIS, Bank for International Settlements, BIS, 2020, Bulletin No 12, Effects of Covid-19 on the banking sector: the market’s assessment, Iñaki Aldasoro, Ingo Fender, Bryan Hardy and Nikola Tarashev 7 May 2020
BIS Bulletin, no 12, May 2020, I Aldasoro, I Fender, B Hardy and N Tarashev, Effects of Covid-19 on the banking sector: the market’s assessment.
BIS Bulletin, no 11, May 2020, U Lewrick, C Schmieder, J Sobrun and E Takáts, Releasing bank buffers to cushion the crisis – a quantitative assessment.
Deloitte, (2023) Banking and capital markets M&A outlook Partnering to navigate the future.
Deloitte, (2020) Special update to banking and capital markets M&A outlook, including potential impact of COVID-19 https://www2.deloitte.com/us/en/pages/financial-services/articles/banking-securities-mergers-acquisitions-outlook.html
Marijana Ljubić, (2015), Implementation of Basel III Capital Standards and the Challenges of the Global Economic Crisis, Megatrend Review: International Journal for Applied Economics, SG=p 27309, Vol. 12, No. 1 (2015), pp. 67–83.
Marijana Ljubić, (2011), Stress Tests as a Risk Control Instrument in Banks, UDK 005.334:336.71, Megatrend Review: Journal of Megatrend University, COBISS.SR-ID: 183536908, ISSN: 1820-3159 SG=p 27309, Vol. 8, No. 1, pp. 303–324.
Nathan Stovall, (2020) Banking M&A, S&P Global Market Intelligence , US Community Bank M&A.
National Bank of Serbia, Reports from 2015 to 2022, Bank Supervision Sector, Banking Sector in Serbia.
International Moneraty Fund, 2023, Accessed: 25.09.2023. https://www.imf.org/en/Publications/SPROLLS/world-economic-outlook-databases
ECB, Supervisory Banking Statistics, First quarter 2019, Accessed: 29.09.2023. https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.supervisorybankingstatistics_first_quarter_2019_201907~62c4b59f7c.en.pdf
World Bank, 2020, The Economic and Social Impact of COVID 19 Financial Sector, Financial Sector, Accessed: 25.09.2023. http://documents1.worldbank.org/curated/en/151471591287544451/pdf/TheEconomic-and-Social-Impact-of-COVID-19-Financial-Sector.pdf
