Question

Match the financial institutions with the services provided by them.

commercial banks
investment banks
credit union
savings and loan associations
pension fund
insurance companies

serve the interests of both investors as well as companies looking for capital

accept deposits, finance home loans and have safe deposit facilities

acts as a link between small money savers and home buyers

cooperatives that lend and borrow money among themselves

collects money in the form of premiums with an assurance to protect the customer from risks

provides post-retirement benefits to employees

Answer 1

commercial banks accept deposits, finance home loans and have safe deposit facilities,

credit unions are cooperatives that lend and borrow money among themselves,

saving and loan association acts as a link between small money savers and home buyers,

investment banks serve the interests of both investors as well as companies looking for capital,

An insurance company collects money in the form of premiums with an assurance to protect the customer from risks,

and a pension fund provides post-retirement benefits to employees.

Answer 2

Answer: See explanation

Step-by-step explanation:

serve the interests of both investors as well as companies looking for capital = investment banks

accept deposits, finance home loans and have safe deposit facilities = commercial banks

acts as a link between small money savers and home buyers = saving and loan association

cooperatives that lend and borrow money among themselves = credit union

collects money in the form of premiums with an assurance to protect the customer from risks = insurance company

provides post-retirement benefits to employees = pension fund.