Bank restructuring through banking merger

Authors

  • Prof. Dr. Khalis Nafie Amin University of Baghdad / College of Law / Department of Private Law
  • Researcher: Asmaa Abd Al Sattar Ahmed University of Baghdad / College of Law / Department of Private Law

Abstract

The banking sector is considered the most economic activity influenced by globalization. Therefore, it had to address the obstacles the banks are facing, particularly the financial distress and the weakening of the bank administration. It is clear, according to the trustees viewpoint, that the bank merger in the private banks is considered a solution to addressing the bank's distress. The trustee is believed the merging bank may be able to pursuit his activity as well, reducing the effort and money. Thus, the bank merge is an essential step in the bank restructuring.

Published

2023-06-30