The main features of the local banking industry over the two decades to 2010 have been an increase in concentration.This has occurred due to mergers and acquisitions motivated by the desire to:

Question

Quizplus · Accepted Answer

All of the listed options are correct. The increase in concentration in the local banking industry can be attributed to various factors such as the need to be competitive in global markets, protect against takeover by foreign competitors, and increase efficiency in terms of economies of scale and scope.

The Main Features of the Local Banking Industry Over the Two