David25You have a lot to learn about banks.They have never been...

  1. cab911
    130 Posts.
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    03/07/12
    14:49
    Post #: 10387927
    David25

    You have a lot to learn about banks.

    They have never been a low margin business.

    Have a look at how much they can lend v deposit, about 7.5 times what you deposit with them so your 94% is way out and you are looking at home loan rates not personal, business or credit card rates which are even more profitable.

    Cheers, cab
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    lightbulb Created with Sketch.  Great analysis
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