Posts: 3
From:
Registered: Dec 2009

posted December 29, 2009 11:49 PM         

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Humphrey (1985) made a useful distinction between the ‘production’ approach and the ‘intermediation’ approach concerning banking behavior. The production approach views a bank as a donor of real estate loans, installment loans, user capital, labor, materials and so on. In this case, the number of accounts and outstanding loans provide the appropriate measures for bank output. The total costs include all operating costs incurred in the production of the outputs.

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Posts: 829
From: Columbus, GA USA
Registered: Apr 2009

posted January 02, 2010 05:12 PM         

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WTF?

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"I have found a desire within myself that no experience in this world can satisfy; the most probable explanation is that I was made for another world." -C.S. Lewis

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