Banks are booking record profits: the gap between the interest they collect and pay out is widening

3 comments

1. “**KBC** made a profit of 1.85 billion euros in the past six months. In the same period last year, this amounted to 1.34 billion, **an increase of almost 40 percent.**
   **ING Belgium** presented even better figures at a press conference a week ago. The Belgian branch of the Dutch bank can **more than double its profit.** From 143 million in the first half of 2022 to 408 million profit this year.”

2. Good for them!

3. I always wonder why people are amazed by this. They are for-profit organizations just like any other company.