A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction, such as a commercial bank, investment bank, mutual fund, or pension fund.
What are the 5 basic financial intermediaries?
5 Types Of Financial Intermediaries
- Banks.
- Credit Unions.
- Pension Funds.
- Insurance Companies.
- Stock Exchanges.
What are the types of financial intermediaries?
Types of financial intermediaries
- Banks.
- Mutual savings banks.
- Savings banks.
- Building societies.
- Credit unions.
- Financial advisers or brokers.
- Insurance companies.
- Collective investment schemes.
