THE IMPACT OF M&A TRANSACTIONS ON THE GROWTH OF THE BANKS’ MARKET VALUE

Abstract. The globalization of markets, the need to comply with modern economic trends and introduce new technological solutions increase profitability banking business have significantly intensified processes mergers acquisitions in sector. M&A are long complex, their results difficult forecast lack actual detailed research. diversity available research requires updating data based on larger volumes transactions time intervals. purpose article is substantiate two hypotheses: first, impact agreements especially value banks; factors that show development level banks. object study relationship between commercial banks domestic foreign financial agreements, as well indicators published by World Bank measuring countries. uses statistical modeling method. constructed model linear regression allows state fact influence growth cost consolidated fair for 54.8% cases. shows greatest interval 3—5 years after conclusion agreement. Analysis bank has percent GDP per capita, but low determinant at 22.9% indicates a dependence general. It was found external do not directly affect process transactions. question expanding system will and, consequence, banks, be subject further research.
 Keywords: consolidation, dynamic, market capitalization, value.
 JEL Classification Е44, Е47, G14
 Formulas: 2; fig.: 4; tabl.: bibl.: 14.