AECORD

Financial services encompass a broad range of businesses that manage money, including banks, credit card companies, insurance companies, accountancy firms, stock brokerages, investment funds, and some government-sponsored enterprises. These services are essential for the functioning of the economy as they provide critical infrastructure for capital markets and liquidity in the financial system. They help individuals save, invest, and manage their money effectively, while also offering risk mitigation products and financial advice. Financial services also facilitate transactions and the flow of capital, supporting personal finance, corporate finance, and wealth management. The sector is pivotal in driving economic growth and stability by providing the means for consumers and businesses to invest in and develop their future.