Abstract
The study investigates the competitiveness of banking firms and its impact on Performance by testing the market power to efficient structure hypothesis. A comparative study conducted for Singapore and Pakistan, Period from 2005 to 2020, estimated Herfindahl Hirschman Index (HHI) and Market share as a proxy for efficient structure. Results indicated Singapore is a highly concentrated market, indicating a monopolistic competitive environment. However, Pakistan banking indicates a perfectly competitive environment. Study further; confirm the co-integration and long run relationship between variables through the Johansen co-integration and vector error correction (VECM) approach. The results specify the long run significant relationship between market power and competitiveness with banks profitability.
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