====== Financial Sector ======
[[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]]

The **Financial Sector** is a section of the economy made up of firms and institutions that provide financial services to commercial and retail customers. This sector comprises a broad range of industries including banks, investment companies, insurance companies, and real estate firms.

  * The financial sector is a section of the economy made up of firms and institutions that provide financial services to commercial and retail customers.
  * A strong financial sector is a sign of a healthy economy.
  * The financial sector generates a good portion of its revenue from loans and mortgages and thrives in a low-interest-rate environment.
  * The sector is comprised of many different industries including banks, investment companies, insurance companies, and real estate firms.

<figure financialSrveComp>
{{  :dido:public:ra:xapend:xapend.a_glossary:f:screen_shot_2022-04-25_at_4.56.55_pm.png?600  |}}
<caption>The Composition of the Financial Services</caption>
</figure>

Source: [[https://www.investopedia.com/terms/f/financial_sector.asp ]]


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