Financial Institution -

Member-owned financial cooperatives that provide traditional banking services, often at more competitive rates [3, 4].

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 often at more competitive rates [3

Protect individuals and businesses against financial loss in exchange for premium payments [3, 5]. and managing risk [1