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30 May, 14:14

According to the video, what are the two other most important ways banks make money?

banking fees

investments

loaning money to overseas banks

paying interest to depositors

overseeing transactions between banks

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Answers (2)
  1. 30 May, 16:59
    0
    Answer;

    -Banking fees

    -Investments

    According to the video, the two other most important ways banks make money are Banking fees and investments.

    Explanation;

    Banks basically make money by lending money at rates higher than the cost of the money they lend.

    Bank collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings.

    Interest on investments: Banks invest in various government and rated securities, and earn interest and dividends from these investments.
  2. 30 May, 17:11
    0
    Banking fees and investments
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