outline the role of financial intermediaries and their functions in financial markets. what benefits of the...

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Finance

outline the role of financial intermediaries and theirfunctions in financial markets. what benefits of the financialsystem do financial intermediaries provide?

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Financial intermediary is a firm or institution that acts as a mediator between a financial service provider and consumer Some examples of them are commercial banks investment banks pension funds etc they help people to have access to the money easily They have emerged as a very useful tool to bring together the savings and convert them into investments The main role of financial institute is to bring together those who have money and those who need it Financial institutes like banks are either asset based or fee based for the service they provide Some of the major role of Financial intermediaries See Answer

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