Originally posted by sinthetiq
almost all the chinese people i know do not use the banking system.. they hide their money in the homes ... but yah, who really knows. good for you, do you OWN a bank?
good for me what?
im trying to explain that banks operate on razor thin profit margins as is, they cant cut a sizable amount of their workforce and expect to remain competitive. we charge a hefty amount over our competitors, and i know it translates to only 7% profits, of which goes to our shareholders.