Bank Competition
» Bank Competition, Volume 5, Issue 8, 2005
5b. How many different banks or financial institutions does your firm use for loans or services?
| Response | ||||
|---|---|---|---|---|
| 1 | One | 47 | ||
| 2 | Two | 32 | ||
| 3 | Three | 13 | ||
| 4 | Four or more | 6 | ||
| 5 | DK/Refuse | 3 | ||
| Total (%) | 101 | |||
| N | 752 | |||
Notes: Forty-seven (47) percent of small, employing businesses use one financial institution to conduct its banking business (Q#5b).
