Multiple Choice
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:
A) be competitive in global markets
B) protect against takeover by foreign competitors
C) increase efficiency in terms of economies of scale and scope
D) All of the listed options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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