Year.      Bank.            Deposits 2018      STANBIC.      6,205,018  2019.       Stanbic.        9,295,682 2020         STanbic.        12,742,132 2018.       BARCLAYS.    7,657,089 2019           Absa.          10,139,424 2020          Absa.       10,598,067   Question: What is the five firm concentration ratio using deposits in the table above

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 19RQ: Why are banks called financial intermediaries?
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Year.      Bank.            Deposits
2018      STANBIC.      6,205,018 
2019.       Stanbic.        9,295,682
2020         STanbic.        12,742,132

2018.       BARCLAYS.    7,657,089

2019           Absa.          10,139,424

2020          Absa.       10,598,067

 

Question: What is the five firm concentration ratio using deposits in the table above

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