he South African Banking sector is currently made up of 63 banks distributed as follows: 29 foreign bank representatives, 13 branches of foreign banks, 14 locally controlled banks, three mutual banks and four foreign controlled banks. Three banks are currently under liquidation (South African Reserve Bank, 2023). Does this picture portray a banking sector that is very competitive? Discuss some of the anti-competitive practices that have been investigated by the Competition Commission of South Africa

he South African Banking sector is currently made up of 63 banks distributed as follows: 29 foreign bank representatives, 13 branches of foreign banks, 14 locally controlled banks, three mutual banks and four foreign controlled banks. Three banks are currently under liquidation (South African Reserve Bank, 2023). Does this picture portray a banking sector that is very competitive? Discuss some of the anti-competitive practices that have been investigated by the Competition Commission of South Africa

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter15: The Federal Reserve System And Monetary Policy

Section: Chapter Questions

Problem 5AA

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