noun
financial institution
Refers to banks, credit unions, and similar organizations that handle financial transactions.
この地域には多くの財政機関が集まっている。
Many financial institutions are concentrated in this area.
金融機関 is a broader term for financial institutions, including banks, securities firms, and insurance companies. 財政機関 is less common and may refer specifically to institutions dealing with public finance or fiscal matters.
Compound of 財政 (finance) and 機関 (institution).