Who benefits from the process of financial intermediation?

Question

Quizplus · Accepted Answer

Both savers and borrowers benefit from the process of financial intermediation. Savers benefit as they receive interest on their savings, and borrowers benefit as they are able to obtain loans to finance their investments or businesses. Financial intermediaries such as banks, credit unions, and investment companies make it easier for both parties to engage in these transactions. Therefore, financial intermediation is mutually beneficial for savers and borrowers.

Who Benefits from the Process of Financial Intermediation