I'm curious about banks' financial operations. Specifically, I want to understand whether banks primarily lend money to customers or borrow money from them. This question arose as I was thinking about the basic functioning of banks.
7 answers
Michele
Thu Jan 16 2025
These funds are collectively known as deposits.
Bianca
Thu Jan 16 2025
Banks engage in numerous activities as part of their operations.
CryptoMaven
Thu Jan 16 2025
Their core function revolves around managing finances.
Valentino
Thu Jan 16 2025
They accept money from individuals and entities that have surplus funds.
BlockchainVisionary
Wed Jan 15 2025
By pooling these deposits, banks create a large pool of capital.