Statistics and market data on Financial Institutions
The category ‘Financial Institutions’ presents statistical data on these providers of financial services that play such a central role in our financial lives. Financial institutions are establishments that provide financial services to their members and clients. They place their focus primarily on dealing with the execution of financial transactions, predominantly investments, deposits and loans. Just about everyone has to deal with a financial institution at some point, and the majority do on a regular basis. In the conventional sense, financial institutions are made up of organizations such as banks, trusts , insurance companies and investment dealers – these various entities fulfil the main role of a financial institution- acting as financial intermediaries. A financial intermediary typically fulfils its function insofar as it indirectly facilitates the channelling of funds between the lender and the borrower. The depositary institutions, one of the three major types of financial institution broadly speaking, are the deposit takers. They accept and manage deposits and make loans. Building societies, trust companies, banks and credit unions typically come under this category of financial institution. Contractual institutions deal with insurance companies and pension funds and are also counted among a major branch of financial institutions; the final being investment institutions, which include brokerage enterprises, investment banks and underwriters.