importance of financial intermediary
Definition of financial intermediaries. A financial intermediary is a financial institution such as bank, building society, insurance company, investment bank or pension fund.A financial intermediary offers a service to help an individual/ firm to save or borrow money. A financial intermediary helps to facilitate the different needs of lenders and borrowers.efinition of financial intermediaries. A financial intermediary is a financial institution such as bank, building society, insurance company, investment bank or pension fund.