The following are banking financial institution except
A. insurance companies.
B. commercial banks
C. savings banks
D. development banks
E. mortgage banks
Answers
Answered by
1
Answer:
a) insurance companies....
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Answered by
0
Answer:
Development banks
Explanation:
There are 9 Major Types of Financial Institutions
- Central Banks
- Retail and Commercial Banks
- Internet Banks
- Credit Unions
- Savings and Loan Associations
- Investment Banks
- Brokerage Firms
- Insurance Companies
- Mortgage Companies
The most common types of financial institutions are commercial banks, investment banks, insurance companies, and brokerage firms. These entities offer a wide range of products and services for individual and commercial clients such as deposits, loans, investments, and currency exchange.
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