Post
Topic
Board Economics
Re: How the Bank works to make money?
by
basyang
on 12/10/2018, 22:37:52 UTC
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

Based on what I read, Bank is a lending money to people with a higher rate of interest of the money they lend. Banks works is collecting interest to there loans and to the credit cards and debit cards. Banking has a rules and regulation when it comes to ATM processing, teller operations, loaning and so on. Bank can really helo the economy because of its process that could help our government.