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I can remember very well when banks in our country merged to meet the requirements set up by our Central Bank. It was the only way they could survive.Merger happen when a business is in the verge of a collapse. So to save the company it goes into a merger with a healthy company It is better that way instead for the business to fall
And if you analysed well, those mergers revolutionised the banking sector and made it stronger. That's why we have banks that are financially strong in the country.I can remember very well when banks in our country merged to meet the requirements set up by our Central Bank. It was the only way they could survive.
And if you analysed well, those mergers revolutionised the banking sector and made it stronger. That's why we have banks that are financially strong in the country.