Contents Page
Introduction 1
Jamaica’s Banking Sector 2-3
Non-Price Competition 4
Interest Margin 5
Customer Choice 6
What is Interest Rate 7-10
Graphs
Tables
Conclusion 11
Bibliography 12
Introduction
Since the early 1990s, the Jamaican banking sector has experienced significant structural changes stemming from a disorderly financial liberalization process, which preceded a severely disruptive financial crisis. 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.
Commercial banks within Jamaica operated under an Oligopoly market structure because there are not many commercial banks and the decision of......
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Approximate Word Count: 1972
Approximate Pages: 8 (260 words per double-spaced page) |