Sentences with phrase «banks as a source of revenue»

This category is used by banks as a source of revenue when the interest rates are low like they have been for the last eight years.

Not exact matches

Because we do not expect to earn revenue from our business operations during the current taxable year, and because our sole source of income currently is interest on bank accounts held by us, we believe we will likely be classified as a «passive foreign investment company,» or PFIC, for the current taxable year.

As a new source of revenue for the banks in place of loans to domestic real estate and industry, low interest rates enabled them to flood the global economy with credit.

Though Cuomo said there are more projects to fund statewide, he also raised the possibility of using revenue sources such as bank settlements and one - time cash infusions.

Additionally, my committee has jurisdiction over the city's Banking Commission, Department of Design and Construction, Department of Finance, Independent Budget Office, and Office of the Comptroller, as well as reviewing and modifying the City Budget and municipal fiscal policy and revenue from any additional sources.

Banks suggests that reconciling those rights agreements could lead to a shift in the way coal mining companies view methane gas, treating it as a potential source of revenue rather than a fugitive gas to be dealt with as a safety or environmental concern.

While I totally understand why there are so many fees and why they are so high (again, the fees are the only source of revenue for the seller of a prepaid debit card), it amazes me how some people tout «bank fees» as a reason on its own to make the switch.

You're a potential source of revenue for all the other services the bank offers, such as car loans, home loans, insurance products, you name it.