In its attempt to examine the transaction cost of banks, this study develops a method of estimating transaction cost for each bank activity. It also explains the differences and the composition cost among commercial private development and rural banks. Results in this paper is hoped to improve the efficient functioning of the formal financial system.
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- Tolentino, V. Bruce. 1988. Thirty-three facts about Philippine agricultural credit. Philippine Journal of Development JPD, 15, no. 2-e. Philippine Institute for Development Studies.