Post
Topic
Board Economics
Re: How the Bank works to make money?
by
sindikat
on 11/07/2018, 13:48:18 UTC
Banks earn a lot from the sale of collateral and business lending. I for example know that many banks have income even from loans on 1+ day. Also, the income of banks depends on the country in which they are located. In poor countries, credit rates are higher and the population is poor, so they are more likely to use credit.