Based on the five-firm concentration ratios calculated in above, determine the level of competition
2018
Total industry assets = STANBIC + BARCLAYS = 6,205,018 + 8,994,562 = 15,199,580
Concentration of STANBIC = 6,205,018 / 15,199,580 = 0.408236 = 0.41 = 41%
Concentration of BARCLAYS = 8,994,562 / 15,199,580 = 0.591764 = 0.59 = 59%
2019
Total industry assets = STANBIC + ASBA = 9,295,682 + 11,772,546 = 21,068,228
Concentration of STANBIC = 9,295,682 / 21,068,228 = 0.441218 = 0.44 = 44%
Concentration of ASBA = 11,772,546 / 21,068,228 = 0.558782 = 0.56 = 56%
2020
Total industry assets = STANBIC + ASBA =12,742,132 + 12,546,473 = 25,288,605
Concentration of STANBIC = 12,742,132 / 25,288,605 = 0.503869 = 0.50 = 50%
Concentration of ASBA = 12,546,473 / 25,288,605 =0.496131= 0.50 = 50%
Based on the five-firm concentration ratios calculated in above,
determine the level of competition
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