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What is Role of Financial Intermediaries in PH about?

Financial intermediaries in the Philippines, such as banks and insurance companies, facilitate efficient money circulation and risk mitigation by providing various financial services, including life, health, and property insurance. They also implement monetary policy by adjusting interest rates and managing deposits and loans, bridging the gap between short-term savers and long-term borrowers. Additionally, intermediaries reduce costs and risks associated with direct financial transactions, allowing individ

Author

chaqairah03

Language

EN