What are the four advantages financial institutions offer savers and borrowers? What two trends have emerged in recent years with regard to financial institutions?

1. Safety: Due to the varying levels of government regulations and oversight, financial institutions provide a secure environment for both savers and borrowers to transact. 2. Accessibility: Banks and other lenders offer a variety of services and a wide range of loan and deposit products around the world, making it more convenient for savers and borrowers to access the products and services they need. 3. Professionalism: Financial institutions are equipped with knowledgeable staff that can provide customers with expert advice on how to achieve their goals. 4. Flexibility: Financial institutions can give borrowers a range of options on how they want to access borrowing, such as car loans, small business loans, and mortgages. Two trends that have emerged in recent years with regard to financial institutions are an increased emphasis on digital banking and the growth of ethical banking. Digital banking has enabled financial institutions to offer a wider range of products and services online, allowing customers to manage their finances from anywhere. Additionally, ethical banking has become increasingly popular as customers become aware of the need to invest their money ethically. This form of banking focuses on investing and lending responsibly and investing in businesses that have a positive social and environmental impact.