Rural banks performance reflect economic growth - Woyongo

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• DAN 11 years ago

  how can you not make profit on 29% interest rates???? in usa 30 year home loan is 4%, car loan of 4-6 years 2%-5% and no collateral credit cards is 11%

  how can you not make profit on 29% interest rates???? in usa 30 year home loan is 4%, car loan of 4-6 years 2%-5% and no collateral credit cards is 11%

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• Yaa Na 11 years ago

  What percentage of these profits from real economic activities in these areas. Its very easy for banks to take deposits and buy govt treasury bills, and to declare the interest rates as profits.
  
  Lets have the breakdown of ...
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  What percentage of these profits from real economic activities in these areas. Its very easy for banks to take deposits and buy govt treasury bills, and to declare the interest rates as profits.
  
  Lets have the breakdown of the source of these profits to determine if they come from real economic activities or just the purchase of Govt T-Bills!

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