Competition in Banking Market in Slovakia
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Abstract
The process of fundamental changes of Slovak banking sector has had essential influence on the concentration and on the character of banking products. The article is oriented on analysing the competition level using Herfindahl index and CR3 and CR5 indexes. Indeces are used to compare the level of competition using following balance items: total assets, bank loans and deposits to corporate and retail sector. This approach brings us different conclusions.
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