oboloo

oboloo Glossary

Financial Institution

oboloo Glossary

Financial Institution

A financial institution is a company that provides services related to managing money, such as lending, investing, and storing it. Financial institutions are responsible for helping individuals and businesses manage their money with expertise, making sure they have access to the credit, securities, and investments they need in order to thrive financially. They include traditional banks, credit unions, investment firms, insurance companies, and many other types of organizations. Financial Institutions are vital to the success of our economy, acting as trusted intermediaries between those who want to save or invest money and those who need it for growth opportunities.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971