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Roles Performed by Financial Institution
Roles Performed by Financial Institution
central banks,
retail and commercial banks,
internet banks,
credit unions,
savings and loan associations,
investment banks and companies,
brokerage firms,
insurance companies,
mortgage companies.
Financial institutions are entities that facilitate financial transactions and act as
intermediaries in financial operations. There are various functions of financial
institutions, including banking services, capital formation, monetary supply
regulation, pension fund services, and the economic growth of a nation.
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