Business Studies, asked by AhmedHamid3037, 10 months ago

A business where people keep their money borrow money"

Answers

Answered by Anonymous
8

Answer:

hope it will help you!!!

Explanation:

Banks are businesses: they need to make money and they do this in a number of different ways. Commercial and retails banks raise funds by lending money at a higher rate of interest than they borrow it. This money is borrowed from other banks or from customers who deposit money with them.

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