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Impact of technology on banking industry
Essay specific features
Written by:
Nickolas S
Date added:
December 9, 2016
Level:
University
Grade:
A
No of pages / words:
3 / 594
Was viewed:
386 times
Rating of current essay:
Essay content:
Due to lowered entry and exist and deconstruction, for some sub-financial markets, contestability in banking is also raised.
2. Technology influence Economy of scale:
Competitive pressure force banks to lower their cost. Bank seeks to get economy of scale in bank procession instead of being a big bank...
displayed 300 characters
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Bank seeks to get economy of scale in bank procession instead of being a big bank. Bank seeks to secure the optimal business structure, and secure the competitive imperative of economy of scale. There are other options to get economy of scale, including joint venture and confederation of financial firms...
displayed 300 characters
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