Ask Question
12 August, 13:51

Why are banks willing to lend funds to people?

+1
Answers (2)
  1. 12 August, 15:19
    0
    Because interest income is usually the largest component of a bank's income, specifically for a commercial bank. (Investment banks earn more from fees and trading.)
  2. 12 August, 16:03
    0
    So they can make interest on the money owed
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why are banks willing to lend funds to people? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers