How Do Banks Make Money? Income & Profit Creation Explained

Commercial banks make money by charging more interest on loans than they pay on deposits, by taking a small cut of debit and credit card transactions, and through various fees on loans and deposit accounts. They may have other income sources, but those are the big ones.

The post How Do Banks Make Money? Income & Profit Creation Explained appeared first on Money Crashers.

https://www.moneycrashers.com/banks-make-money-income-profit/

#financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth

Scroll to Top