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The Banks' New Goal to Increase Their Income: "Paying for Payroll Is No Longer Enough"

Summary by 20minutos
Banks, like any other company, have as their main objective to earn money. To obtain revenues that allow them to generate profits, they normally turn to their clients, who entrust their assets to them in exchange for some prebenda. Up to now, the most coveted asset by financial institutions was the recurring income of citizens, such as payroll, pension or similar. That someone previously domiciled their payroll meant establishing a more stable r…

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Banks, like any other company, have as their main objective to earn money. To obtain revenues that allow them to generate profits, they normally turn to their clients, who entrust their assets to them in exchange for some prebenda. Up to now, the most coveted asset by financial institutions was the recurring income of citizens, such as payroll, pension or similar. That someone previously domiciled their payroll meant establishing a more stable r…

·Madrid, Spain
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20minutos broke the news in Madrid, Spain on Wednesday, July 22, 2026.
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