Bandeniaformulacapit15 Jun, 2021Finance
Jose Miguel Artiles Caballos, explains the advantages of financial intermediaries. According to them, Financial intermediaries help create efficient markets and lower the cost of doing business. Intermediaries can provide leasing or factoring services, but do not accept deposits from the public. Financial intermediaries offer the benefit of pooling risk, reducing cost, and providing economies of scale, among others. Visit the link to know more.
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