Banks

Banks are institutions that have the right to carry out financial intermediation activities. That is, it collects the savings of customers and stores them in exchange for a cost for the service.

The costs of keeping money in a bank, whatever it is, are one of the main methods of financing the bank itself. Above all, the interest that customers pay for applying for a loan or taking out a mortgage, finances banking institutions.

Banks, ultimi articoli su Money.it International

Was QE worth it?

Financial Times

26 June 2024 - 16:02

Was QE worth it?

Quantitative easing appears to have cost British taxpayers at least twice as much as equivalents in the US, Europe and other advanced economies.