answersLogoWhite

0


Best Answer

households, individuals, and businesses

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: In the financial system who are the borrowers?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does a financial system bring together?

savers and borrowers


Who are the borrowers In the financial system?

households, individuals, and businesses


What is financial system?

Financial system is a system used by organizationÕs management to exercise financial control and accountability. It allows transfer of money between savers and borrowers.


What is financial institutions that lend the funds that savers provide to borrowers?

Financial Intermediaries.


What are the differences between economic development and financial system?

Economics development is a measurement of how an economy is developing and takes into account the standard of living, environmental sustainability, social inclusion, competitiveness, infrastructure and human capital levels. The financial system is the system which allows the transfer of money between savers and borrowers.


What is a institution that helps channel funds from savers to borrowers called?

a financial intermediary


Why do you think financial markets are required?

They act as a link between renders and borrowers


What are the role of financial intermediaries in financial system?

Financial System Perform the same role by channelizing funds between savers and borrowers in the economy as blood circulation in human body by heart through veins.which keep alive to thenerves and mankind to make active creative and energize. the system serve to individuals, organizations, and whole nation to make their active participation for productivity.


Is Financial intermediaries are firms that extend credit to borrowers using funds raised from savers?

no


When financial institutions lend money they charge borrowers?

The banks or lenders charge interest. The amount depends on your credit.


Distinguish between financial intermediation and financial facilitation?

Financial intermediation is channeling funds from lenders to borrowers, sort of like a middle-man in the process. Financial facilitation can be either the act of preserving a market's liquidity or the act of supplying a market for a security.


What is a loan book?

A loan book is a book kept by financial institution that totals the amount of loans that have been given out over a certain period and it shows the details of the borrowers. It is important for calculating the financial networth of the financial institution.