Financial intermediaries include all of these EXCEPT
A) commercial banks.
B) insurance companies.
C) pension funds.
D) check cashing centers.

Question

Quizplus · Accepted Answer

Financial intermediaries are institutions that channel funds between lenders and borrowers or investors and investments. Commercial banks, insurance companies, and pension funds all act as financial intermediaries. Check cashing centers do not typically provide financial intermediation services as they primarily offer services for cashing checks or providing short-term loans with high interest rates.

Financial Intermediaries Include All of These EXCEPT