Types of Financial Companies

The role of finance companies in economic development of a country is very prominent. These companies are defined as those providing a range of financial services to their clients such as general banking, private banking, stock broking, insurance etc. These finance companies help in mobilizing money of their clients and give them higher returns in the long term. The existence of these companies has contributed greatly to the development of the habit of saving and investing by the common people.

Different Types of Finance Companies

Investment Banks

Investment banks would be rated as the most important in the world of finance. These banks act as middlemen in the exec