Anonymous
Anonymous asked in Business & FinanceCorporations · 2 months ago

How do banks make money really ?

9 Answers

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  • 3 weeks ago

    Lean project management from https://kanbanzone.com/

  • Anonymous
    2 months ago

    how about trying to deposit $100K and then after 3 days, you tell the bank if you want to close your account......    try it!  

  • 2 months ago

    They buy money from the Fed for $1 and rent it out for $2.  Is this a great country or what?

  • ?
    Lv 6
    2 months ago

    The employees dance in the median strips of major highways with signs.

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  • 2 months ago

    Take money from people and pay them no interest. Borrow from the gov't at very low interest rate. Lend money to other people and charge lots of interest. Get all sorts of fees for lending money and charging account holders. The fees plus the difference in the interest from what they lend and what rate they borrow at, they get to keep.

  • 2 months ago

    Banks hold one person's money deposits and pays a nominal, guaranteed rate of interest.  They then loan that money to people who want to buy homes or expand businesses at a higher rate. 

  • fcas80
    Lv 7
    2 months ago

    They hold onto your money and pay you zero or very low interest, and then turn around and loan out that money for which they receive higher interest.

  • Anonymous
    2 months ago

    Plenty of sites online easy to find explain this type of stuff.  You should not expect others to spoon feed you.

  • ?
    Lv 7
    2 months ago

    They loan out deposits and then they keep the interest.

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