financial corporations engaged in lending

What is financial corporations engaged in lending?

financial corporations engaged in lending definition and meaning on Finance terms:
Corporations and quasi-corporations, classified as OFIs, specialising mainly in asset financing for households and non-financial corporations. Included are also firms specialising in financial leasing, factoring, mortgage lending and consumer lending. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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