Bank mergers study for Turkey

This study explains types of bank mergers that are kinds of company mergersthrough theses describing bank mergers, while consequences of mergers were alsoinvestigated. The study also examines the reasons to drive the global bankingindustry to mergers, and provides an analysis of sample mergers along with theircauses and consequences. Mergers having taken place in Turkey were researchedacross many years, focusing on major merger activities were to explore the extentand conditions under which such mergers can be successful. It was concluded thatmergers take place in developing countries in order to help overcoming financialdisorders in the aftermath of financial crises, while in the developed countries,mergers usually express the desire to increase market shares, raise the competitivestrength and to benefit from economies of scale and region. The research disclosedthat in Turkey, which is a developing country, mergers usually took place after crisesdue to breakdown of the banks? financial structures despite state invention. However,after 2001, private banks merged without state intervention due to reasons such asincreasing market share and competitive strength, and it was determined that mergerscarried out without state intervention were more successful than those with stateintervention. Theoretical studies on the subject were also referred during thepreparation of this thesis.Key words: Bank, merger, world, country, crise