1. Financial institutions refer to financial intermediaries engaged in the financial industry and are part of the financial system. The financial industry includes banking, securities, insurance, trust, funds and other industries.
2 financial institutions include banks, securities companies, insurance companies, trust and investment companies and fund management companies. At the same time, it also refers to lending institutions, which provide loans to companies with financial turnover to customers. The interest rate is relatively higher than that of banks, but it is more convenient for customers to borrow because they do not need complicated documents to prove it.