how do banks make money
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Banks primarily make money from loans, through interest rates charged to customers, for borrowing funds, deposited by other customers. The differences between interest rates paid to depositors and charged from borrowers is where the bank profits lies.