Anonymous
Anonymous asked in Business & FinanceCorporations · 2 months ago

How does a bank make money ?

4 Answers

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  • 2 months ago

    All of the employees dance at night clubs on weekends and donate their money to keep the banks open.

  • Anonymous
    2 months ago

    Lending money. Late fees.

  • 2 months ago

    By lending out money. They pay you like .1% in interest on money in your savings account to get you to deposit your money but charges you like 5% for a 5 year loan. You do the math. 

  • Anonymous
    2 months ago

    One way is they take the money people have entrusted them with and then invest that in companies and take the profits, they give you a tiny bit, that's your interest. 

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