Ask Question
16 March, 02:16

What do banks do with most of their customers deposits

+4
Answers (1)
  1. 16 March, 02:19
    0
    It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts-and the difference is the banks' profit.

    (reword this!)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What do banks do with most of their customers deposits ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers