TY - JOUR AB - The recent wave of mergers and acquisitions in the financial institutions all over the developed nations has also taken its toll in Malaysia. Factors such as globalization, liberalization and information technology developments have contributed to the need for a more competitive, resilient and robust financial systems in Malaysia. This is added by the recent 1997 Asian financial crisis, which contributed for speeding the mergers and acquisitions process in the Malaysian banking sector. The end result is the formation of ten anchor banks from a total of 54 financial institutions as at end of 2001. This paper has explored the causes and the process of the mergers and acquisitions as well as the future implications in the Malaysian banking system. VL - 30 IS - 4 SN - 0307-4358 DO - 10.1108/03074350410768994 UR - https://doi.org/10.1108/03074350410768994 AU - Shanmugam Bala AU - Nair Mahendran PY - 2004 Y1 - 2004/01/01 TI - Mergers and acquisitions of banks in Malaysia T2 - Managerial Finance PB - Emerald Group Publishing Limited SP - 1 EP - 18 Y2 - 2024/09/19 ER -