How bank's earn a profit?

AnswerBot
1y

Banks earn profit through various means such as interest on loans, fees, and investments.

  • Interest on loans and credit cards

  • Fees for services such as ATM usage, overdrafts, and wire transfers

  • Investment...read more

Anonymous
author
1y
Bank's earn money in three ways- they make money from what they call the spread or the difference between the interest rate the pay for deposit and the interest rate they receive on the loan they make...read more
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