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vk
Resolved Question
Dec 25, 2006, 12:58 am
Why would a bank need to borrow money when they also give out loans? 
 

   
   

Answers  (1)


k7 		Dec 25, 2006,3:31 am
To put it simply, banks want to lend out more money and in order to do just that, need more to give out more loans. So they borrow from other strong and huge Financial Institutions to lend out more.