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Taf · 25-03-2012, 13:57

Banks exist to borrow money at one rate of interest then loan it out at a higher rate, taking a slice of the profits.

Since they are offering such a minimal return to those they wish to borrow from, they are not attracting much income at all.

Be fair to the depositors/savers and maybe they'll start investing again!

25-03-2012, 13:57	#6
Taf cf.mega poster Join Date: Jun 2003 Location: Kairdiff-by-the-sea Age: 69 Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo Posts: 10,311	Re: Banks dont have enough capital Banks exist to borrow money at one rate of interest then loan it out at a higher rate, taking a slice of the profits. Since they are offering such a minimal return to those they wish to borrow from, they are not attracting much income at all. Be fair to the depositors/savers and maybe they'll start investing again!