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If you deposit money into a bank, they can lend out that money and earn interest. They don't need to charge you fees to make money from your deposits.
by MichaelDickens 9y ago
If you deposit money into a bank, they can lend out that money and earn interest. They don't need to charge you fees to make money from your deposits.
- jopsen 9y agoInterests is extremely low and following 2008 liquidity requirements in the EU are rather high. IMO, they could just do honest business and charge a flat fee for service :)
- dx034 9y agoWith current regulation they get punished for taking business deposits. Deposits from retail clients are "sticky", so can be realiably used for loans. Business deposits fluctuate so that the bank has to keep a large share as cash at negative interest rates.