106k views
4 votes
Financial intermediariesLOADING...

have a role to play in matching savers and borrowers for all of the following reasons
except​:

User Antonakos
by
8.6k points

1 Answer

2 votes

Final answer:

Financial intermediaries play a crucial role in matching savers and borrowers by providing a safe place for deposits and offering loans. However, they do not provide investment advice or financial planning services.

Step-by-step explanation:

Financial intermediaries play a role in matching savers and borrowers for several reasons. First, they provide a safe and convenient place for savers to deposit their money. Second, they offer loans to borrowers who may not have access to funds otherwise. Third, they help to manage the risks associated with lending and borrowing by assessing the creditworthiness of borrowers. However, one reason financial intermediaries do not play a role in matching savers and borrowers is to provide investment advice or financial planning services.

User Chris Moutray
by
7.3k points