Asongu, Simplice; Odhiambo, Nicholas M. - In: Financial Innovation 5 (2019) 1, pp. 1-22
There is a growing body of evidence that interest rate spreads in Africa are higher for big banks compared to small banks. One concern is that big banks might be using their market power to charge higher lending rates as they become larger, more efficient, and unchallenged. In contrast, several...