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Banks usually offer loans at a concessional rate of interest to its employees. This is a benefit that the bank offers only to its employees.
Usually if a bank charges 10% rate of interest to a normal customer and 7% to its employee as a concessional rate, it so happens that 7% is the minimum interest that the bank has to collect from the person to maintain a balance between its lending and deposit rates and the remaining 3% is the profit that the bank would make which it is ready to forego because of the fact that, the borrower is an employee of the bank and the bank is willing to lose out on the interest in order to provide this benefit to its employee.
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Use of employees or employee's?
employees is plural, employee's is possesive The bank's employees did nothing to stop the robber. The employee's bank was being robbed.
How can I find a copy of Woodforest bank employee policies and proceedures manual?
You can get one if you are an employee of Woodforest Bank.
How many employee does central bank have?
lots
Which transaction method should you choose when talking to a bank employee?
Bank branch
What do you call a bank employee who helps customers borrow money?
A bank employee that helps customers borrow money would be called a loan officer.
Use of employees or employee's?
employees is plural, employee's is possesive The bank's employees did nothing to stop the robber. The employee's bank was being robbed.
How can I find a copy of Woodforest bank employee policies and proceedures manual?
You can get one if you are an employee of Woodforest Bank.
Is it appropriate for a client to call a bank employee at his or her house?
Under normal circumstances it is not appropriate for a bank's clients to call a bank employee at home.
How many employee does central bank have?
lots
Who does a former European American bank employee call about their pension?
Bank of America
Which transaction method should you choose when talking to a bank employee?
Bank branch
If a Pennsylvania notary is employee at a bank can he notarized for that bank not personally benefit?
Yes that employee can notarize for that bank.
What do you call a bank employee who helps customers borrow money?
A bank employee that helps customers borrow money would be called a loan officer.
Does Mick Jagger appear in the moviethe bank job?
Yes, he does. He plays a bank employee.
Who does a former european american bank employee call about their pension benefit?
Bank of America
What is a bank employee that deals directly with customers receiving and paying out money?
bank teller
What is the Bank employee who help customers deposit or withdraw money?
The person at the window of the bank is called the bank teller.
