Bank Competition
» Bank Competition, Volume 5, Issue 8, 2005
5. How many different banks, those with different names, not just branches, are you aware of that operate in the area where you do business?
| Response | ||||
|---|---|---|---|---|
| 1 | 1 - 2 | 7 | ||
| 2 | 3 - 5 | 30 | ||
| 3 | 6 - 10 | 43 | ||
| 4 | 11 - 20 | 14 | ||
| 5 | 21 or more | 2 | ||
| 6 | DK/Refuse | 4 | ||
| Total (%) | 100 | |||
| N | 752 | |||
Notes: Forty-three (43) percent of small employers estimate the number of different banks in their area as between six and 10 (Q#5).
