Banks act as:

Question

Banks act as:

Quizplus · Accepted Answer

Banks act as intermediaries between buyers and sellers by accepting deposits from savers and lending money to borrowers. They facilitate the flow of funds between these two groups, providing various financial services such as loans, mortgages, and credit cards. While banks may play a role in specific markets, they are not primarily organizers. Additionally, banks may provide information about financial products, but this is not their primary function as intermediaries.

Banks Act As