RE: Great buy opportunity26 Feb 2020 15:58
Re no money from current accounts, l beg to differ; you would be surprised how many idiots leave balances into the hundreds of thousands sitting in current accounts paying zero interest. That cash is still on the banks deposit balance sheet and they are lending against it making 1.5/2% while not having to give anything back. Then there are the idiots who like to run an overdraft monthly creating an extortionate interest return to the Banks, so l argue that the current account is the most lucrative one which banks have.