An Analysis of the Role of Pawnshops in the Financial System
AbstractDespite the pawnshop’s recently gained popularity as an alternative source of credit, very little study has been accorded to it. To date, there is hardly any thorough study about it. This paper is an attempt to bridge that gap. It analyzes the role of pawnshops in the financial system with special emphasis on the following: sources and uses of funds, interest rates on loans, profitability and operating efficiency of pawnshops and linkages between pawnshops and banks.
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Bibliographic InfoPaper provided by Philippine Institute for Development Studies in its series Working Papers with number WP 1988-04.
Date of creation: 1988
Date of revision:
financial market; financial economy; financial sector; financial system; financial services;
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