Chulalongkorn University Theses and Dissertations (Chula ETD)

Other Title (Parallel Title in Other Language of ETD)

ผลกระทบทางการเงินจากการควบรวมกิจการ: กรณีศึกษาธนาคารกรุงศรีอยุธยา​ถูกเข้าซื้อกิจการโดยกลุ่ม MUFG

Year (A.D.)


Document Type

Independent Study

First Advisor

Doungdao Mahakitsiri


Faculty of Economics (คณะเศรษฐศาสตร์)

Degree Name

Master of Arts

Degree Level

Master's Degree

Degree Discipline

Business and Managerial Economics




As we know, the merger & acquisition deals could significantly affect the performance and business result of target company, especially on financial aspect. In fact, merger & acquisition became a major method for expanding business scale, enhancing competitive, improving financial performance. Due to several reasons, regulators did not welcome foreign bank involved too much influence in Thai financial market. In the end of year 2013, a surprising news was revealed in social media, Bank of Ayudhya accepted the investment from Mitsubishi UFJ Financial Group, becoming its oversea subsidiary. It was one of biggest banking merger & acquisition deals in Thailand. My research mainly focus on how the acquisition deal impact on financial performance of Bank of Ayudhya. I applied measurements of financial analysis which represents the aspect of growth, profitability, credit quality, statutory capital and stock performance. In the end, the report stated several changes on financial performance of Bank of Ayudhya after the deal, mostly became better but not comprehensively in every aspects. Meanwhile, the report also provided the recommendations and suggestions for potential readers.

Included in

Economics Commons



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