Banks' brand value for the first business year
| Banks | Profit from brand | Discount rate of brand strength | Brand value (000) | Risk free rate | Brand value (000) |
|---|---|---|---|---|---|
| Bank 1 | 45214.895 | 0.049 | 2.218257 | 0.013 | 589,301 |
| Bank 2 | 40327.145 | 0.049 | 1.978463 | 0.013 | 525,597 |
| Bank 3 | 313581.721 | 0.049 | 15.384421 | 0.013 | 4.087015 |
| Bank 4 | −18990.968 | 0.049 | −931,703 | 0.013 | −247,516 |
| Bank 5 | −39783.315 | 0.049 | −1.951782 | 0.013 | −518,509 |
| Bank 6 | −49993.845 | 0.049 | −2.452714 | 0.013 | −651,586 |
| Bank 7 | −55852.819 | 0.049 | −2.740157 | 0.013 | −727,948 |
| Bank 8 | 194686.782 | 0.049 | 9.551397 | 0.013 | 2.537418 |
| Bank 9 | −8977.260 | 0.049 | −440,427 | 0.013 | −117,004 |
| Bank 10 | −71368.989 | 0.049 | −3.501386 | 0.013 | −930,176 |
| Bank 11 | −5271.419 | 0.049 | −258,618 | 0.013 | −68,704 |
| Bank 12 | −16932.328 | 0.049 | −830,706 | 0.013 | −220,685 |
| Banks | Profit from brand | Discount rate of brand strength | Brand value (000) | Risk free rate | Brand value (000) |
|---|---|---|---|---|---|
| Bank 1 | 45214.895 | 0.049 | 2.218257 | 0.013 | 589,301 |
| Bank 2 | 40327.145 | 0.049 | 1.978463 | 0.013 | 525,597 |
| Bank 3 | 313581.721 | 0.049 | 15.384421 | 0.013 | 4.087015 |
| Bank 4 | −18990.968 | 0.049 | −931,703 | 0.013 | −247,516 |
| Bank 5 | −39783.315 | 0.049 | −1.951782 | 0.013 | −518,509 |
| Bank 6 | −49993.845 | 0.049 | −2.452714 | 0.013 | −651,586 |
| Bank 7 | −55852.819 | 0.049 | −2.740157 | 0.013 | −727,948 |
| Bank 8 | 194686.782 | 0.049 | 9.551397 | 0.013 | 2.537418 |
| Bank 9 | −8977.260 | 0.049 | −440,427 | 0.013 | −117,004 |
| Bank 10 | −71368.989 | 0.049 | −3.501386 | 0.013 | −930,176 |
| Bank 11 | −5271.419 | 0.049 | −258,618 | 0.013 | −68,704 |
| Bank 12 | −16932.328 | 0.049 | −830,706 | 0.013 | −220,685 |
Source(s): Authors' calculation
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