Question

all financial intermediaries are financial institutions, but not all financial institutions are financial intermediaries.

Answer 1

True, All financial intermediaries are financial institutions, but not all financial institutions are financial intermediaries.

What do you mean by a financial intermediary?

An organization that serves as a mediator between two parties to facilitate a financial transaction is referred to as a financial intermediary. Financial intermediaries are organizations that include commercial banks, investment banks, mutual funds, and pension funds.

What function do financial intermediaries serve?

In any financial transaction, financial intermediaries operate as a middleman between two parties. A good illustration would be a bank, which performs a variety of tasks including acting as a go-between for borrowers and lenders and gathering money for investments.

To know more about financial transaction, visit:

brainly.com/question/27501867

#SPJ4