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Topic: How the Bank works to make money? - page 12. (Read 3021 times)

newbie
Activity: 215
Merit: 0
August 28, 2018, 03:04:50 AM
I must say that for so many depositors of a bank, they put these depositor's money into businesses and investments as well.  The profit they are getting from it are the ones they provide for the salaries of their employees and the interests for their clients.  It is just like a give and take thing business banks are doing.  This is just my opinion.
full member
Activity: 448
Merit: 100
August 28, 2018, 02:50:18 AM
Income can be realized such as the cost of printing an ATM receipt and taking the opinion of a fee-based income service obtained from shipping costs and also monthly fees.
newbie
Activity: 98
Merit: 0
August 19, 2018, 04:39:21 PM
Banks work by selling money as a storage service. Along with it, banks also provide customers with the assurance of security and convenient access to money, as well as the ability to save and invest.
jr. member
Activity: 313
Merit: 1
August 19, 2018, 04:27:13 PM
The answer is simple, because, after all, the bank is a business. And by selling various services such as money transfer and safekeeping of valuables, the Bank will make money to pay employees and to run they business operations.
newbie
Activity: 77
Merit: 0
August 18, 2018, 11:40:39 AM
#99
It happens in many ways. Money is earned with interest rates. Loans and interest payments are made through banks. The banks also have ample capital, which they earn by investing in their businesses. Money earns by investing heavily in banks. That's how they earn income
full member
Activity: 1330
Merit: 147
July 25, 2018, 03:13:51 AM
#98
First, the function of the bank is as a financial institution, a place to save money and can be used as an investment place and as a place for loans. Indeed, at a glance, the bank is a social institution that has no profit, but if you look deeper into the bank's income is very large.
How do you think banks make money, how does a bank make money to pay its employees and business operational?
The bank's first income is from the interest or profit-sharing system, I think this is the first source of income for banks around the world. And the second from based income, such as remittance services, custody of valuables, and the sale of securities.
Does the bank rely solely on interest on loans from banks?
No.
full member
Activity: 501
Merit: 147
July 25, 2018, 02:56:00 AM
#97
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?



Banks has many other alternative sources of income, start from the People make an investment there, People stored the money into bank with two different options like Savings and long term investment like time deposit, People loans with quo-lateral of course there is an interest if people doesn't pay on time, accepted  payment from third party which is CAR OWNERS to BUYER. All stored money in the bank are subject to join all other different businesses to money GROW HIGHER that's the sources of bank to pay their employee/s.

For BITCOIN as of now, bank are able to released a fund which is coming from our Wallet provider transferred to the bank and then people are able to cash out a money without using ATM CARD. all transaction has been made are used DIGITAL VIRTUAL SYSTEM.
full member
Activity: 630
Merit: 103
July 25, 2018, 02:30:44 AM
#96
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?

Yes, banks will earned more on loans like housing loan, car loan, development loan and infractructure with high monthly interest rate but we are not talking of just thousand dollars for the said loans but million to billion of dollars on every deal which involved companies, corporates and even the government. Banks will never exist until today if they are not effective of handling their money.
sr. member
Activity: 1111
Merit: 255
July 25, 2018, 02:28:08 AM
#95
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?
Banks have many sources of income, so they pay their employees. Our invested money is used by them to pay someone else and there is interest in them. For our investors only a small percentage goes to us,
full member
Activity: 420
Merit: 100
July 25, 2018, 02:22:03 AM
#94
I was thinking that too but I saw on their employees that they pay them through the clients fee's because clients want their services to secure their money so clients give some big fee's to secure it more and banks use it as way to pay their employees and get some profit on it.
full member
Activity: 185
Merit: 100
July 25, 2018, 02:13:34 AM
#93
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?
Yes the bank make money by Investing money deposits into savings and made loan the people and opening investment project.
sr. member
Activity: 530
Merit: 250
July 25, 2018, 02:08:01 AM
#92
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?

below are some of the ways banks benefit

1. Advantages of interest or profit sharing
2. Advantages Of Unconfined Assets
3. Revenue Per Service
4. Advantages Of Investment
5. Advantages Of Safe Deposit Box Service (SDB)
full member
Activity: 476
Merit: 100
July 24, 2018, 11:46:01 PM
#91
Simply put, they take your money then reinvest it to other stocks. Now the dividends they get fron that woukd be added to the capital they used to give out loans. Other than that, some banks also habe preneed producta like insurances with stock options. Of course the amount of dividends thise stocks gain, the banks will have a portion of that
newbie
Activity: 98
Merit: 0
July 24, 2018, 11:43:57 PM
#90
The bankers keep their money by mediating between the borrower and the lender, who have more money they will deposit into the bank to get interest, and those who run out of money will borrow and pay interest. Make interest rate difference between the lender and the borrower
full member
Activity: 448
Merit: 100
Lets Go Adab
July 24, 2018, 07:56:27 PM
#89
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?

The banks are getting profit from the money you are placing on them because it was taxable and that is also the reason why government are getting their funds in the banks.
member
Activity: 350
Merit: 10
July 24, 2018, 06:23:03 PM
#88
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?

This question is still a puzzle for all of us but in general many say that to pay employees and operations, the bank earns money from the proceeds from deducting the amount of deposits that customers call monthly administration fees besides that the bank gives a large interest to people who borrow money. However, as technology develops today banks work closely with governments especially in countries in terms of various instant transactions including e-money products and perhaps from such cooperation they benefit as well.
There are many things that have not been clarified.
I know that some banks have forex trader on their behalf doing transactions and it is certainly with their transactions with them that they carry out these transactions. And I heard that they make big profits and some losses too. But their profits are bigger than their losses. Consider the banks you are planning to join.
newbie
Activity: 46
Merit: 0
July 24, 2018, 12:26:31 PM
#87
The Banks have several ways of making money. The interests alone is not their only way of making money. They make far more money from the other sundry charges they make from their customers.
full member
Activity: 490
Merit: 101
July 24, 2018, 12:05:07 PM
#86
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?


Basically, I know that some banks do have forex traders that does trades on their behalf and it is definitely with Customers' moneys with them that they do these trades. And I heard they do make big gains and some few losses too. But their big gains outweigh their losses.
full member
Activity: 231
Merit: 102
July 24, 2018, 11:23:45 AM
#85
Yes, they earn a lot from interest by lending money. But they also earn from fees on transactions, and on many other paying services that they offer.
legendary
Activity: 1596
Merit: 1034
July 24, 2018, 10:39:46 AM
#84
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?

This question is still a puzzle for all of us but in general many say that to pay employees and operations, the bank earns money from the proceeds from deducting the amount of deposits that customers call monthly administration fees besides that the bank gives a large interest to people who borrow money. However, as technology develops today banks work closely with governments especially in countries in terms of various instant transactions including e-money products and perhaps from such cooperation they benefit as well.
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