Post
Topic
Board Economics
Re: How the Bank works to make money?
by
gamalzour
on 21/11/2018, 07:18:22 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?
I can’t believe someone is asking this kind of question banks make money more than you even know. People make transactions everyday and banks charges fees for every single transaction you make, and even to pay in money into the bank, interest on loans and a lot of other ways. Banks make income ever minute, so that’s not even a question you got to be asking. Even at the end of the month they also charge their customers.