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    KYWLLMS's Avatar
    KYWLLMS Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 10, 2009, 11:43 AM
    Why can banks borrow money at a lower interest rate
    Why can banks borrow money at a lower interest rate than other companies?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Dec 10, 2009, 11:50 AM
    Wholesale money lending.
    Consider the VAST sums they borrow and the short times they borrow it for, sometimes even just over night.
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