Horti-Business Management (2+0)

Functions of Financial Institutions

• Financial institutions include banks, credit unions, asset management firms, building societies, and stock brokerages, among others. These institutions are responsible for distributing financial resources in a planned way to the potential users.
  
• There are a number of institutions that collect and provide funds for the necessary sector or individual.
  
• On the other hand, there are several institutions that act as the middleman and join the deficit and surplus units. Investing money on behalf of the client is another of the variety of functions of financial institutions.