mention any two examples of financial intermediaries
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Two examples of Financial Intermediaries
- Insurance Companies. If you have a risky investment. ...
- Financial Advisers. A financial adviser doesn't directly lend or borrow for you.
Explanation:
Other examples of Financial Intermediaries :
→→Credit Union
Credit unions are informal types of banks which provide facilities for lending and depositing within a particular community.
→→Mutual funds/Investment trusts
These are mutual investment schemes. These pool the small savings of individual investors and enable a bigger investment fund. Therefore, small investors can benefit from being part of a larger investment trust. This enables small investors to benefit from smaller commission rates available to big purchases.
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