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28 October, 22:59

Why are banks willing to lend funds to people?

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  1. 29 October, 01:01
    0
    So they can make interest on the money owed
  2. 29 October, 02:42
    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.)
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