News: Four banks to face court for over charging

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1 comment(s). Last comment by luckyman 2011-12-17 09:37

luckyman

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Posted by luckyman > 2011-12-17 09:37 | Report Abuse

Many central banks in the world are simply not doing enough to prevent banks from doing funny things to maximize their profit only. The banks forget that most of their funds for their lending business is indeed the deposit from the public. Their seed capital may measure. Up to roughly 10 to 15% of their total funds.

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