Analysis of the Reality and Possible Integration of Private Banks in Iraq

Abstract

Abstract
Globalization has affected all sectors of the economy, including the
banking sector, which has been affected by financial globalization
through its tools of financial liberalization, i.e. deregulation of laws and
legislation that are facing the expansion of banking activities. The
banking sector witnessed many developments, Bank privatization,
banking maturity. As for the banking sector in Iraq adopted the role of
banking reform after 2003 there was an expansion in the number of
private banks, but this was caused by a number of problems, including
lack of ownership of the banking sector of technical and technical
capabilities and infrastructure because of the absence of strategic plans
require reconsideration of the legislative environment, In spite of this, the
Central Bank prepared an analytical study in 2015 to review the reality of
private banks and to take decisions to merge banks that suffer from
problems except small or weak banking activity in them with large banks.
During our research, which touched on the concept of merger and the
types and mechanisms used to reach. The reasons and results of the
merger process, so the practical side was to analyze the synergies and cost
analysis of the merger, which is owned by cash or stocks, and determines
the merger options for the private banks