Ask Question
2 July, 14:15

Where do banks get money to lend to borrowers?

the bank's management

their shareholders

the money market

their depositors

+1
Answers (2)
  1. 2 July, 17:53
    0
    D. Is the correct answer from edgenuIty
  2. 2 July, 17:58
    0
    Banks use the money they receive from their depositors to use for borrowers, and make money off of the interest that accumulates.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Where do banks get money to lend to borrowers? the bank's management their shareholders the money market their depositors ...” 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