ears           Bank            Total Asset 2018          STANBIC        6,205,018 2019.          STANBIC.      9,295,682 2020.             STANBIC  12,742,132 2018.        BARCLAYS      8,994,562 2019.            ABSA          11,772,546 2020.              ABSA.       12,546,473 Calculate the five-firm concentration ratio in for each year using total assets.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Years           Bank            Total Asset
2018          STANBIC        6,205,018

2019.          STANBIC.      9,295,682

2020.             STANBIC  12,742,132

2018.        BARCLAYS      8,994,562

2019.            ABSA          11,772,546

2020.              ABSA.       12,546,473

Calculate the five-firm concentration ratio in for each year using total assets.

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Which of the years would the level of competition in the 
banking industry in Ghana be welfare improving from the perspective 
of customers based on the calculated five-firm concentration ratios in 
question (1) and why?

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Based on the five-firm concentration ratios calculated in above, determine the level of competition among banks in Ghana.

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