How do banks make money

1.	How do banks make money
Answer» ong>Answer: Hey DEAR... Explanation: Banks basically MAKE MONEY by lending money at interest rates HIGHER than the cost of the money they borrow. ... The interest that the banks collect on loans is more than the interest they pay to customers with savings ACCOUNTS etc., and the difference is the profit for the banks please leave a thanks....and follow me and finnaly mark me as brainliest......it means alot for answerers....❤

Answer»

ong>Answer:

Hey DEAR...

Explanation:

Banks basically MAKE MONEY by lending money at interest rates HIGHER than the cost of the money they borrow. ... The interest that the banks collect on loans is more than the interest they pay to customers with savings ACCOUNTS etc., and the difference is the profit for the banks

please leave a thanks....and follow me and finnaly mark me as brainliest......it means alot for answerers....❤

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How do banks make money​

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How do banks make money