Recognition of a continuous improvement in the formal financial system is necessary for economic growth. Over the years, the government has been infusing cheap funds into the rural sector. Unfortunately, it overlooks a number of serious issues regarding bank鈥檚 transaction costs. This article develops a method of estimating transaction costs for each bank activity. It also explains the differences and the composition of transaction costs among commercial banks, rural banks and private development banks.
Citations
This publication has been cited 2 times
In other Publications
- Aldaba, Fernando T.. 2002. . Philippine Journal of Development PJD, 29. Philippine Institute for Development Studies.
- Hosseini, S. Safdar, Mohammed Khaledi, and Richard Gray. 2009. . Agribusiness, 25, no. 3, 291-313. John Wiley & Sons, Ltd..
