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FINANCIAL INTERMEDIATION

Statistics Directorate    
French Equivalent: Intermédiation financière

Definition:
Financial intermediation is a productive activity in which an institutional unit incurs liabilities on its own account for the purpose of acquiring financial assets by engaging in financial transactions on the market; the role of financial intermediaries is to channel funds from lenders to borrowers by intermediating between them.

Source Publication:
SNA 4.78.

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 05, 2003