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How does hsbc bank earn profit?

Updated: 9/19/2023
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Wiki User

13y ago

Best Answer

HSBC Bank makes profit and generates revenue by two ways:

  1. By charging you a fee for the services they provide you
  2. By lending the money you have deposited into your account, to other loan customers and getting an interest on the same.

Interest income is the highest revenue and profit generator for any bank.

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Wiki User

13y ago
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Q: How does hsbc bank earn profit?
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