Bank Competition
» Bank Competition, Volume 5, Issue 8, 2005
If respondent changed principal financial institutions in the last three years.
Was a reason for changing to a new institution that:?
4bB. (reason for change) You could more easily satisfy your credit needs.
| Response | ||||
|---|---|---|---|---|
| 1 | Yes | 50 | ||
| 2 | No | 49 | ||
| 3 | DK/Refuse | 2 | ||
| Total (%) | 101 | |||
| N | 70 | |||
Notes: Fifty (50) percent of small employers who changed principal financial institutions in the last three years report that a reason for change was that they could more easily satisfy their credit needs at the new institution (Q#4bB).
