Calculate the Herfindahl-Hirschman Index (HHI) for each year using  loan advances and comment on the level of competition

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
Section: Chapter Questions
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Calculate the Herfindahl-Hirschman Index (HHI) for each year using 
loan advances and comment on the level of competition

Assets
Absa Bank Ghana Limited
Access Bank (Ghana) Limited
Agricultural Development Bank Limited
Bank of Africa Ghana Limited
Barclays Bank Ghana Limited
3 CalBank Limited
9 Consolidated Bank Ghana Limited
10 Ecobank Ghana limited
11 FBNBank Ghana limited
12 Fidelity Bank Ghana Limited
13 First Atlantic Bank Limited
14 First National Bank
15 GCB Bank Limited
16 GHL Bank Limited
17 Guaranty Trust Bank (Ghana) Limited
18 National Investment Bank Limited
19 OmniBank Ghana Limited
20 Prudential Bank Limited
21 Republic Bank Ghana Limited
22 Societe General Ghana Limited
23 Stanbic Bank Ghana limited
24 Standard Chartered Bank Ghana Limited
25 United Bank for Africa (Ghana) Limited
26 Universal Merchant Bank Limited
27 Zenith Bank (Ghana) Limited
28
0
2018
deposit
loan
0
E
Assets
F
2019
deposit loan
0
G
0
H
0 11772546000 5556996000 4291796000 12546473000 6890805000 4725793000
3541014000 2563095000 815559000 4711771000 3226766000 1292867000 5823778000 4142067000 1126926000
3597395000 2586265000 1068814000 4577659000 3392209000 1468653000 5715794000 4281037000 1911988000
1258376114 790270010 565057955 2047775522 1118831114 725543689 2059658518 1204062141 751878958
8994562000 4928210000 3204859000
5405856000 3156843000 2428002000 7039780000 3867167000 2920026000 7903415000 4428104000 2400950000
7488733000 5512313000 3546000 6942990000 5096350000 227878000 9961762000 6866118000 861736000
10457596000 7831578000 4123153000 13197574000 10920845000 5318113000 15882414000 12869810000 4926367000
989623000 494620000 71905000 1270353000 713241000 262081000 1811581000 1222098000 533202000
7015823000 4456339000 1419472000 10478022000 5216783000 2454186000 9250849000 6511922000 2392426000
1846050624 1355044415 387230774 2773011606 2096074513 454657563 33631747051 2691669635 609414018
640620000 184115000 84633000 986289000 489297000 105670000 2354318000 1197750000 753104000
10635051000 8334997000 2799041000 12416741000 9842519000 3587653000 15324656000 11967936000 3612588000
688909909. 94841956 561648176
2283761988 1664299711 424714417 3253180850 2390395075
0
Assets
1
2020
deposit loan
0
J
0
569536071 4081089298 2995393368 1057579838
871225000 729830000 274115000 1387015000 1186865000 314210000
437846000 371144000 176936000
2387495000 1747372000 1110957000 3195699000 2098336000 1657080000 3969584000 2470695000 1717792000
3326242000 2570554000 1411342000 3647785000 2769403000 1525099000
2857988000 2269705000 1175066000
5115206352 3485289259 2562706675
3431356392 2165049969 1665284201 4443909209 3195381361 2643394001
9295682000 7284454000 3946591000 12742132000 10061392000 4373529000
6205018000 4501390000 2584735000
7618622000 5590271000 1886874000 8031674000 5836607000 1695213000
5961495000 4346676000 1446695000
3577169266 948607338 3950146264 2859208553 110845571
634206101 4497680351
3563715870 2696264876
261914000 2734868000 1825443000 471650000 3260299000 2268795000 322698000
2523526000 1719276000
648250000 8034580000 5820627000 1057205000
6691004000 4493305000
5572475000 3434250000 733084000
0
Transcribed Image Text:Assets Absa Bank Ghana Limited Access Bank (Ghana) Limited Agricultural Development Bank Limited Bank of Africa Ghana Limited Barclays Bank Ghana Limited 3 CalBank Limited 9 Consolidated Bank Ghana Limited 10 Ecobank Ghana limited 11 FBNBank Ghana limited 12 Fidelity Bank Ghana Limited 13 First Atlantic Bank Limited 14 First National Bank 15 GCB Bank Limited 16 GHL Bank Limited 17 Guaranty Trust Bank (Ghana) Limited 18 National Investment Bank Limited 19 OmniBank Ghana Limited 20 Prudential Bank Limited 21 Republic Bank Ghana Limited 22 Societe General Ghana Limited 23 Stanbic Bank Ghana limited 24 Standard Chartered Bank Ghana Limited 25 United Bank for Africa (Ghana) Limited 26 Universal Merchant Bank Limited 27 Zenith Bank (Ghana) Limited 28 0 2018 deposit loan 0 E Assets F 2019 deposit loan 0 G 0 H 0 11772546000 5556996000 4291796000 12546473000 6890805000 4725793000 3541014000 2563095000 815559000 4711771000 3226766000 1292867000 5823778000 4142067000 1126926000 3597395000 2586265000 1068814000 4577659000 3392209000 1468653000 5715794000 4281037000 1911988000 1258376114 790270010 565057955 2047775522 1118831114 725543689 2059658518 1204062141 751878958 8994562000 4928210000 3204859000 5405856000 3156843000 2428002000 7039780000 3867167000 2920026000 7903415000 4428104000 2400950000 7488733000 5512313000 3546000 6942990000 5096350000 227878000 9961762000 6866118000 861736000 10457596000 7831578000 4123153000 13197574000 10920845000 5318113000 15882414000 12869810000 4926367000 989623000 494620000 71905000 1270353000 713241000 262081000 1811581000 1222098000 533202000 7015823000 4456339000 1419472000 10478022000 5216783000 2454186000 9250849000 6511922000 2392426000 1846050624 1355044415 387230774 2773011606 2096074513 454657563 33631747051 2691669635 609414018 640620000 184115000 84633000 986289000 489297000 105670000 2354318000 1197750000 753104000 10635051000 8334997000 2799041000 12416741000 9842519000 3587653000 15324656000 11967936000 3612588000 688909909. 94841956 561648176 2283761988 1664299711 424714417 3253180850 2390395075 0 Assets 1 2020 deposit loan 0 J 0 569536071 4081089298 2995393368 1057579838 871225000 729830000 274115000 1387015000 1186865000 314210000 437846000 371144000 176936000 2387495000 1747372000 1110957000 3195699000 2098336000 1657080000 3969584000 2470695000 1717792000 3326242000 2570554000 1411342000 3647785000 2769403000 1525099000 2857988000 2269705000 1175066000 5115206352 3485289259 2562706675 3431356392 2165049969 1665284201 4443909209 3195381361 2643394001 9295682000 7284454000 3946591000 12742132000 10061392000 4373529000 6205018000 4501390000 2584735000 7618622000 5590271000 1886874000 8031674000 5836607000 1695213000 5961495000 4346676000 1446695000 3577169266 948607338 3950146264 2859208553 110845571 634206101 4497680351 3563715870 2696264876 261914000 2734868000 1825443000 471650000 3260299000 2268795000 322698000 2523526000 1719276000 648250000 8034580000 5820627000 1057205000 6691004000 4493305000 5572475000 3434250000 733084000 0
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