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Скачать или смотреть WHAT IS SOURCE OF INCOME OF BANK/ 🏦 How BANK EARN PROFIT

  • Creative Mind
  • 2023-02-20
  • 85
WHAT IS SOURCE OF INCOME OF BANK/ 🏦 How BANK EARN PROFIT
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Описание к видео WHAT IS SOURCE OF INCOME OF BANK/ 🏦 How BANK EARN PROFIT

If you're looking for an informative YouTube video about the source of income of banks, you've come to the right place. In this video, we'll explore the different ways that banks generate income and how this can impact both the banks and their customers.

First and foremost, banks generate a significant portion of their income from interest charged on loans they extend to customers. This includes interest on home loans, car loans, personal loans, and other types of loans. Banks also earn interest on loans. Banks also earn interest on the investments they make with the deposits they receive from customers.

In addition to interest income, banks also earn revenue from fees and commissions. Banks charge various fees to their customers for services such as account maintenance, ATM withdrawals, wire transfers, and overdrafts. They also earn commissions on products such as insurance and investment products.

Another important source of incomeFinally, banks earn revenue through other non-interest income streams such as credit card fees, foreign exchange trading, and other miscellaneous sources.

Understanding the source of income of banks is important for customers to make informed decisions about where to place their money and how to manage their finances. So, whether you're a banking professional or just looking to learn more about the industry, this video will provide valuable insights into how banks generate income and the impact it has on the financial world.

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