Accountancy, asked by aladeoluwasolaph, 9 months ago

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 palakmaurya75
1

Answer:

a) insurance companies....

mark it as brainlist answer

Answered by Krish1993
0

Answer:

Development banks

Explanation:

There are 9 Major Types of Financial Institutions

  1. Central Banks
  2. Retail and Commercial Banks
  3. Internet Banks
  4. Credit Unions
  5. Savings and Loan Associations
  6. Investment Banks
  7. Brokerage Firms
  8. Insurance Companies
  9. 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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