fjármálastofnunum
A fjármálastofnunum is a term used in Icelandic to refer to financial institutions. These are businesses that provide financial services to individuals and organizations. The primary role of financial institutions is to act as intermediaries in the financial markets, connecting those who have surplus funds with those who need them. This can involve a wide range of activities.
Common types of financial institutions include banks, credit unions, investment firms, insurance companies, and pension funds.
These institutions are crucial for the functioning of a modern economy. They provide essential services such