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Because they're loaning the money in those deposits at double or more the interest rates that they're paying the depositors.
The bank charged interest when it loaned that money to someone else. So in return, the banks pay their customers interest on the money they borrowed from their savings accounts.
The bank charged interest when it loaned that money to someone else. So in return, the banks pay their customers interest on the money they borrowed from their savings accounts.
To ensure they dont exceed their ability to pay
the employees and customers
The population of Pick 'n Pay Stores is 50,000.
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Pick 'n Pay Grocery Store was created in 1925.
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yes pick n pay sponsor soup kitchens
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The Pick 'n Pay logo can be seen in the top left corner of their website. Use the related link below to visit the Pick 'n Pay website.
All owners of Pick N Pay have limited ownership. In other words, the company is set up to give all of its owners limited liability.
'Pick 'n Pay' Home DeliveriesYes, certain Pick 'n Pay branches do deliver. It depends on which one you're dealing with. I know one in Rondebosch in Cape Town. They usually have a van going around. But I'm sure if you contacted the stores closest to you, they could tell you whether they deliver and the process of ordering online.See the Related Link to the Pick 'n Pay website.
comany
no