Financial Sector

The financial sector includes institutions and markets that manage money, credit, investments, and risk. It covers banks, insurance companies, stock and bond markets, and financial services firms. Their primary role is to facilitate the flow of funds between savers and borrowers, enabling individuals, businesses, and governments to access capital for various needs. This sector helps allocate resources efficiently, supports economic growth, and manages financial risks. Overall, it is essential for the stability and functioning of the economy by providing the tools and services necessary for financial planning, investment, and risk management.