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Essay

Impact of technology on banking industry

Essay specific features

 

Issue:

Business

 

Written by:

Nickolas S

 

Date added:

December 9, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 594

 

Was viewed:

391 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...
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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...
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