Financial intermediaries

Financial intermediaries

Institutions that provide the market function of matching borrowers and lenders or traders. Financial intermediaries facilitate transactions between those with excess cash in relation to current requirements (suppliers of capital) and those with insufficient cash in relation to current requirements (users of capital) for mutual benefit.

Financial Intermediary

A financial institution that stands between counterparties in a transaction. For example, in the sale of a house, a bank usually serves as a financial intermediary by providing a mortgage to the homebuyer. In some non-traditional transactions, a bank may buy a product, such as corn, and immediately re-sell it for a profit to a third party. Most transactions requiring a loan to one of the parties include financial intermediaries. See also: Murabaha.
References in periodicals archive ?
the subject of the order is the selection of contractors (also called "financial intermediaries" or "pf") who will provide the commissioned task of implementing and managing the financial instrument "investment loan" to which the employer will make a financial contribution from the fund of funds under the wielkopolska regional program operational program for the years 2014-2020, From which individual loans will be granted and which will be subject to reimbursement to the ordering party on the terms specified in the essential provisions of the agreement (hereinafter "operating agreement"), Which constitute annex 2 to the terms of reference.
Suansing said the fourth tax reform package will help make the taxes on capital income and financial intermediaries simpler, fairer and more efficient.
The reduction in deposits in June was mainly on a e1/4421.3m outflow from accounts held by other financial intermediaries with their balance falling to e1/45.7bn, accompanied by a e1/4100m drop in deposits in accounts held by the general government.
As a result, many financial intermediaries who maintain significant balances in money market mutual funds are re-evaluating their cash sweep options to determine the most suitable offerings for their clients.
The bank said that it has strengthened its Corporate Banking Insurance and Financial Intermediaries teams with two new hires.
But it also is expanding more aggressively to the general public through Financial intermediaries. "It's certainly something that's not going to happen out of the box," he said.
To the extent FinCEN seeks to impose the Section 352 requirements on lawyers, the Section strongly believes that these requirements should be carefully tailored so that they apply, at most, only to those lawyers who act as financial intermediaries and actually handle the receipt and transmission of cash proceeds through accounts that they actually control in the act of closing a commercial real estate transaction.
At this stage, the financial intermediaries are CRDB, the East African Development Bank (EADB) and Stanbic Bank Tanzania.
These restrictions are incongruous in the present banking environment, in which banking products have no geographic boundaries and are frequently provided by other financial intermediaries. The breakdown of geographic and institutional barriers is the inevitable outgrowth of improvements in technology and in information processing.
Contract notice: Selection of financial intermediaries to implement the financial instruments "small loan" and "large loan" under the fund of the lubelskie voivodeship funds
M2 EQUITYBITES-August 29, 2018--BNP hires financial intermediaries officer
The monthly decline in deposits in April was the result of e1/4258.6m in outflows of other financial intermediaries whose deposits fell to e1/46.3bn, followed by a e1/422.3m and e1/410.8m drop in deposits of the general government and insurance companies and pension funds to e1/4942.4m and e1/42bn respectively, the bank supervisor said.

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