Get premium membership and access questions with answers, video lessons as well as revision papers.

Highlight the functions of financial institutions

      

Highlight the functions of financial institutions

  

Answers


Dana
They mobilize financial resources and channel them to viable investment ventures
They provide information since they collect vital client information before lending
They play a corporate governance role. Thy help to set the operating and financial policies of the firms they have invested in and monitor the performance of senior managers
They are used as channels of monitoring monetary policy in the economy

Dana05 answered the question on July 15, 2019 at 14:57


Next: Describe the three main types of financial institutions and give three examples for each
Previous: Briefly explain any five forms of financial risk

View More Economics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions