IntroductionGlobalization and financial liberalization have contributed to making the world a global village. Especially in the 21st century, where science and technology have advanced, allowing multinational and domestic banks to carry out necessary transactions faster and more efficiently. Additionally, banks, businesses, and even countries easily borrow money from other countries at reasonable interest rates and vice versa. Globalization and financial liberalization connect the economies of different countries and regions, so that an economic problem in one country can have repercussions in other countries if not reduced. For example, when the Greek economy was in shambles in 2013, this would have had a ripple effect throughout Europe, as they use the same currency and their economies are directly linked to each other in various ways. The European Union therefore had to bail out Greece. by borrowing more money from them. However, despite the very favorable views that most academics and international development organizations have on the process of globalization and financial liberalization and its impact on developing countries, and despite the strong support of empirical evidence derived from integration With the In the global economy, criticism against globalization and financial liberalization continues. An online debate on “Globalization and Poverty” organized by the World Bank in the mid-2000s echoed the loud and often very aggressive protests against globalization that took place in Seattle, Washington, and Prague; Almost all participants in the debate highlighted the negative impact of the globalization process on the distribution of income and wealth between and within countries. Most developing countries are becoming...... middle of paper ...... acquisition of national banks if Good management will enable national banks to be in a competitive position in the global market and a good example is that of mergers and acquisitions of national banks in Nigeria which began in 2004. (9) National banks are becoming multinationals. The future of national banks in developing countries is when they start having branches and centers in different countries after establishing a strong enough base in their country. A recent trend is what is happening in Nigeria today, where some Nigerian banks have branches in Ghana, namely Access Bank, United Bank for Africa, Zenith Bank, Stanbic Bank, Garantie Trust Bank, Fidelity Bank, etc. banks are more competitive in the global market because their customers travel and can easily find their branches or centers wherever they go.