Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual. Financial Services is a term used to refer to the services provided by the financial market. Financial Services is also the term used to describe organizations that deal with the management of money.
Examples are the Banks, investment banks, insurance companies, credit card companies and stock brokerages. The financial sector performs indispensable functions such as enabling saving and investment, providing protection from risks and supporting the creation of new jobs and enterprises. It is critical that the sector operators provide these functions for society in a stable, sustainable way.