Financial institutions play a pivotal role in the business ecosystem by offering various services:
Financing: They provide loans and credit facilities to businesses for expansion, operations, and capital investments. Investment Services: Offer investment products and advisory services to help businesses manage their funds efficiently. Risk Management: Through insurance products, they help businesses mitigate risks associated with operations, property, and personnel. Transaction Processing: Facilitate the smooth processing of transactions, including payments and receipts, through various banking services.