_______ are examples of financial intermediaries.

Question

Quizplus · Accepted Answer

Chartered banks, insurance companies, investment companies, and credit unions are all examples of financial intermediaries. Financial intermediaries are institutions that act as a middleman between savers and borrowers or investors, facilitating the flow of funds from savers to borrowers or investors. They play an important role in the financial system by providing a range of financial services, such as deposit-taking, lending, insurance, and investment management.

_______ Are Examples of Financial Intermediaries