Financial

The financial system plays a vital role in the economy. It can promote the process of financial intermediation, promote the flow of funds between savers and borrowers, thereby ensuring the effective allocation of financial resources to promote economic growth and development.
It is simply a means through which funds are exchanged between investors, lenders, and borrowers. A financial system is composed of various elements like financial institutions, financial intermediaries, financial markets, and financial instruments which altogether facilitate the smooth transfer of funds and keep you on track with your business fund.