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Essay specific features
Written by:
Ronald T
Date added:
February 25, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 2043
Was viewed:
7117 times
Rating of current essay:
Essay content:
As such, the last decade has important lessons about factors influencing the relationship between competition and concentration, which has been unexplored. Over the last few months commercial banks have been under fire for their high-loan interest rates and wide spread between their fixed deposits savings accounts and lending rates...
displayed 300 characters
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The banks use non-price competition to compete against each other not necessarily with price but mainly through promotional strategies.
Jamaica's Banking Sector
Jamaica's approximate 2.5 million bank customers enjoy the benefits of strong competition in a deregulated banking system. The dilemma is that we only get benefits from non-price competition while the real benefits of lower lending rates and higher deposit rates are nothing but a fleecing illusion to be pursued but never attained...
displayed 300 characters
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