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THE EFFECT OF FINANCIAL REFORM ON BANKING PERFORMANCE IN AN EMERGING MARKET

CHAPTER ONE INTRODUCTION 1.1   BACKGROUN OF THE STUDY Financial institutions play the critical role of mobilizing savings from the surplus economic units and directing same to the deficit economic units for investment purposes. The financial system is the central nervous system of every economy, especially, a market economy. It comprises a number of separate but interrelated components all of which are essential to its effective and efficient functioning. The three ...

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