LilMissTQ4693 LilMissTQ4693
  • 03-04-2019
  • Business
contestada

When the actual reserves held by a bank exceed the legal requirement

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MsTeel
MsTeel MsTeel
  • 05-04-2019

This is known as "excess reserves."

Many banks will choose to loan the excess reserves out to customers and earn money from the collected interest.

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