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What do banks do with some of the profits they make by loaning out the money in their customers savings accouts?
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What do banks do with some of the profits they make loaning out the money in their customers saving accounts?
pay interest on savings accounts
What do banks do with some of the profits they make by loaning out the money in their customers' savings accounts?
Pay interest on deposits, use it for their operational expenditure, to pay salaries to its employees etc. Pay interest on savings accounts
What do banks with some of the profits they make by loaning out the money?
pay interest on savings accounts
What do banks do with some of the profits they make by loaning out the money in their customers savings accounts?
They invest the money in high interest money markets and various other accounts. They don't loan out their customer's savings accounts, they loan out the money they make off these accounts.
What do banks do with some of the profits they make by loaning out money in their customers savings account?
They invest the money in high interest money markets and various other accounts. They don't loan out their customer's savings accounts, they loan out the money they make off these accounts.
What do banks do with some of the profits they make loaning out the money in their customers saving accounts?
pay interest on savings accounts
What do banks do with some of the profits they make by loaning out the money in their customers' savings accounts?
Pay interest on deposits, use it for their operational expenditure, to pay salaries to its employees etc. Pay interest on savings accounts
What do banks with some of the profits they make by loaning out the money?
pay interest on savings accounts
What do banks do with some of the profits they make by loaning out the money in their customers savings accounts?
They invest the money in high interest money markets and various other accounts. They don't loan out their customer's savings accounts, they loan out the money they make off these accounts.
What do banks do with some of the profits they make by loaning out money in their customers savings account?
They invest the money in high interest money markets and various other accounts. They don't loan out their customer's savings accounts, they loan out the money they make off these accounts.
What do banks do with some of the profits they make by loaning out the money in their customers saving account?
They invest the money in high interest money markets and various other accounts. They don't loan out their customer's savings accounts, they loan out the money they make off these accounts.
What is bank customers share of the profits made on loans?
Savings account interest is the bank customer's share of the profits made on loans.
What do banks do with some of the profits they make by loaning out the money in their customer savings account?
They invest the money in high interest money markets and various other accounts. They don't loan out their customer's savings accounts, they loan out the money they make off these accounts.
Does Emirates Islamic offer a share of bank profits to its customers?
Yes, Emirates Islamic does offer its customers a part of profits under investment savings account. It announces the profit rate for each quarter under varied deposit slabs.
How can banks afford to pay interest n their customers savings account deposits?
Because they're loaning the money in those deposits at double or more the interest rates that they're paying the depositors.
What services are offered at Astoria Federal Savings Bank?
The Astoria Federal Savings Bank offer a large amount of services that any other bank offers. However, this particular company specializes in helping their customers with saving their own money as well as loaning from others.
What is occurring when you buy a united States savings bond?
you are loaning money to the government
