![](https://cos-cdn.shuashuati.com/pipixue-wap/2020-1230-1107-53/ti_inject-812ce.png)
Eurobanks operate on a narrower spread (in comparison to US banks), but still make profit because:
A.
Eurobanks have no reserve requirements, so they can lend a larger percentage of their deposits.
B.
Eurobanks have very little or no regulatory expense.
C.
Eurobanks have low operating expenses.
D.
All of the above are correct.