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What does the bank do with your money 2024?

Harper Baker | 2023-05-07 11:50:50 | page views：1761
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Amelia Clark

Studied at University of Oxford, Lives in Oxford, UK
As mentioned before, banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings.
2023-05-14 11:50:50
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Ethan Gonzales

QuesHub.com delivers expert answers and knowledge to you.
As mentioned before, banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings.
The Banking System: Commercial Banking - How Banks Make Money
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