Financial Institution

Specific institutions that make financial services available for their clients are called financial institutions. They work at the field of financial economics and provide financial margin. The most important task is being a financial intermediary. In relation to this fact these institutions are regulated by the government. There are three types of financial institutions that are listed below:

• institutions that take and manage deposits (banks, credit unions or trust companies)
• insurance  companies and retirement income insurances
• brokers and underwriter

Financial institutions deal with different funds. They transfer money and credits from various investors to enterprises. In short they support the flow of money in the field of economy.