Institution: Financial

Because they are vital to the stability of the global economy, most financial institutions are heavily regulated by government agencies to ensure transparency, prevent fraud, and maintain a stable money supply [1, 5].

Protect individuals and businesses against financial loss in exchange for premium payments [3, 5].

These entities act as intermediaries between suppliers of capital (depositors and investors) and those who need capital (borrowers) [2, 3]. They play a critical role in the economy by providing liquidity, facilitating payments, and managing risk [1, 5]. Common Types of Financial Institutions financial institution

Manage portfolios and collective investment schemes like mutual funds or pension funds [2, 5]. Regulation

Member-owned financial cooperatives that provide traditional banking services, often at more competitive rates [3, 4]. Because they are vital to the stability of

Specialize in capital markets, helping corporations issue stock and providing advisory services for mergers and acquisitions [2, 4].

Act as middlemen for buying and selling securities like stocks and bonds [2, 4]. They play a critical role in the economy

Manage deposits and provide loans to individuals and businesses [3, 4].