If japans banks charge zero interest then how do they make money, if supposably thats how banks make money.?

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2007-12-14 09:56:53 · 3 answers · asked by CR 2 in Business & Finance ➔ Personal Finance

That wasn't a consumer lending rate, that was the central bank's rate for short term lending.

2007-12-14 10:01:14 · answer #1 · answered by Anonymous · 3⤊ 0⤋

I don't know about Japanese banks, but US banks make as much from fees as from interest.

2007-12-14 12:45:17 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋

Must have some hefty fees.

2007-12-14 10:00:45 · answer #3 · answered by Jesse Rocks 4 · 0⤊ 1⤋