Topic: How the Bank works to make money? - page 17. (Read 3021 times)
indeed one of the biggest income banks is from interest but much more bank income apart from interest such as insurance policy, administration fee every month, from auction market, home and vehicle loan financing and many more.
The banks have several ways in which they make their money. One of the means are through the sundry charges and charge backs.
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?
Does the bank rely solely on interest on loans from banks?
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