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How does a bank make money ?
4 Answers
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- SuccessLv 62 months ago
All of the employees dance at night clubs on weekends and donate their money to keep the banks open.
- Anonymous2 months ago
Lending money. Late fees.
- Donnie PorkoLv 72 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.
- Anonymous2 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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