banks make 90% profit on lending per year., page-8

  1. Banker
    19,153 Posts.
    lightbulb Created with Sketch. 199
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    03/07/12
    15:16
    Post #: 10388076
    Net interest margin is roughly 1.5%.


    Costs come from this.

    Wages
    Electricty
    High Rent
    Technology

    Result

    Big income.
    Big expenses.
    Big Profit (small margin)

    You should ask the RBA to lend you some money.
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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