Besides having the capital to operate a bank, then you need to know the procedure. It will then up to a country to decide whether you need that much of banks or incorprorate those small banks into the existing giant banks. Too many banks in fact not a healthy sign to a country. This is why our government here has taken a step to resize banks here due to deprecition of exchange rate here in 2001. Do you know when I went to Taiwan and when I asked the taxi driver there how many banks available there, he himself told me till today he still didn't know how many banks available there.
Last edited by cheer; 12-17-2007 at 12:00 AM..
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