VIDEO DESCRIPTION:
Hello dtubers and steemians, I just want to share my report about commercial bank. I admit I'm not a good reporter since this is my first report while taking video. I have a partner in this video named Angelie Batayola and she discuss about "Capital requirements in commercial bank." Some of my words are wrong pronunciation, I'm sorry guys because that time I'm felt nervous. hehe :-)
My topic was all about how a commercial bank makes money.
Banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings. The difference is known as the "spread," or the net interest income, and when that net interest income is divided by the bank's earning assets, it is known as the net interest margin.
just click the link for more information
https://www.investopedia.com/university/banking-system/banking-system3.asp
My last topic was how a commercial bank creates money.
Most of the money in our economy is created by banks, in the form of bank deposits – the numbers that appear in your account. Banks create new money whenever they make loans. 97% of the money in the economy today is created by banks, whilst just 3% is created by the government.
just click the link for more information
http://positivemoney.org/how-money-works/how-banks-create-money/
To be a businessman/woman you must have a determination in business. Self-confidence is the most important as a successful businessman/woman if you can, you can aim your goals and be a positive person.
And thank you so much for watching!
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