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Financial Services

Financial services are services provided by the finance industry which encompasses a broad range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, accountancy companies, consumer finance companies, stock brokerages, investment funds as well as government-sponsored enterprises. These financial services ensure the economic growth of a society. Banks provide a variety of services, such as keeping money safe, issuing checkbooks, providing ATM (automatic teller machine) services and arranging loan. Foreign exchange services allow people to buy and sell foreign currencies and send remittances. Insurance facilities like brokerages and underwriting also offer financial services to help people secure their property.

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