CONSOLIDATION IN THE BANKING SECTOR: PROS AND CONS
This article discusses mergers and acquisitions in the banking sector. Currently, consolidation in the banking sector is being considered through the prism of bank mergers and acquisitions, the number of which is increasing every year in the current financial market. The mergers and acquisitions market as a whole is becoming increasingly civilized, as evi- denced by the reduction in the number of unfriendly acquisitions. Consolidation in the banking sector is due to the general growth of the country’s economy, the continued globalization of financial markets and the further internationalization of business.