Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: olivia on October 12, 2018, 06:34:48 AM
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How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
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one of the largest income banks is from interest and profit sharing but there are many more bank profits other than interest, for example from Profit from Unconfirmed Assets, Revenue Per Service, Profit From Investment, Advantages Of Safe Deposit Box Service, and from monthly fee administration fee from the customer is very small but if multiplied by the number of customers it will be a great value.
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I am not a country analyst, so I don't have a definite answer to your question. But, I think banks pay employees from interest loans borrowed from customers that is true.