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BNK601 - Banking Laws & Practices

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  • BNK601 Quiz 1 Solution and Discussion

    bnk601 quiz 1 solution discussion spring 2020
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    cyberianC
    @zaasmi said in BNK601 Quiz 1 Solution and Discussion: The strong financial system helps in ---------- the spread between banks lending and borrowing rate. Spreads in Lending For any business that lends money, the interest rate spread is what the company charges on a loan compared to its cost of money. A bank runs on interest rate spreads, paying a certain rate on savings and CD deposits and making loans at higher rates than it pays to savers.
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