Financial Institutions are intermediaries that play a vital role in nation-building. They source funds for businesses to engage in projects that are profitable, maximize shareholder wealth, and build communities. What is a project that is worthwhile, has the potential to earn profits, and will benefit the community in the long term? List down those projects and What financial institutions can help you achieve your dream of a sustainable business for your shareholder or community?

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Functions of Financial Institutions

Financial institutions are businesses that are formed to deal with financial and monetary transactions. These organizations primarily accept deposits, advance loans, make investments, and provide foreign exchange services. Financial institutions include, but are not limited to, banks, insurance companies, trust companies, brokerage firms, and investment bankers. Because financial institutions play such an important role in the economy in terms of monetary transactions, regulating their activities has become a requirement for governmental authorities. As a result, the government creates a multitude of laws and regulations to oversee the activities of financial institutions.