"Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion"

John Bruton's quote stresses the significance of financial provider in the economy. They serve as a lubricant, connecting those who have money to invest with those who require to borrow cash for expansion. Monetary service providers provide an important service by assisting to match savers and customers, enabling both to gain from the deal. By connecting savers and customers, monetary company help to develop a more efficient and effective economy. They likewise help to ensure that savers receive a great return on their investments which business can borrow cash on the best terms. In other words, monetary company are necessary for the performance of the economy, supplying an important link in between savers and borrowers.