期刊名称：Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
印刷版ISSN：2284-8576
电子版ISSN：2247-8582
出版年度：2019
期号：1
语种：English
出版社：Petroleum-Gas University of Ploiesti
摘要：One of the dramatically changes in the banking industry in Nigeria over the past two decades was banks consolidation which assumed to have improved bank performance as a result of robust financial deepening.In line with the above the study examined the impact of financial deepening on post banking consolidation in Nigeria.Using data collected from Central Bank of Nigeria and World Bank database from 1981 to 2018 the study employed Johansen cointegration,Error Correction Model (ECM) and Granger causality test methods of analyses to ascertain both the long and short run relationships among the variables.The result revealed that both the short and long run relationships confirmed the importance of financial deepening as a suitable strategy for banks consolidation.The ECM value of -0.34 which is statistical significant provides an indication of a satisfactory speed of adjustment which translates that about 34 percent of the errors are corrected in each period.The study concludes that strong financial deepening in Nigeria has aided banking sector consolidation which invariably improved banks’performance tremendously.The study therefore recommended among others that banks should be more aggressive in their profit drive in boosting financial deepening so as to reap the benefit of post consolidation epoch.
