A bank that helps a company finance transactions is both a financial intermediary and a financial public.

Question

Quizplus · Accepted Answer

A bank that provides financing services to a company acts as a financial intermediary by facilitating transactions between the company and other parties. At the same time, the bank becomes a financial public by providing information on its services and acting as a source of financial knowledge for potential customers. Therefore, the statement is true.

A Bank That Helps a Company Finance Transactions Is Both