Post
Topic
Board Economics
Re: How the Bank works to make money?
by
Kira_lapa
on 12/10/2018, 12:44:34 UTC
Banks live at the expense of funds invested in storage, while they increase this amount several times and give as a percentage to the borrower. Moreover, the borrower receives a very small part of the amount that the Bank earned on his money by issuing loans. also, banks earn doing currency exchange, insurance, sale of precious metals. These are not all ways of earning banks.