NACE Class 64.19 - Other monetary intermediation
From Open Risk Manual
Definition
Other Monetary Intermediation class
Description
This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or lending funds. The granting of credit can take a variety of forms, such as loans, mortgages, credit cards etc.
These activities are generally carried out by monetary institutions other than central banks, such as:
- banks
- savings banks
- credit unions
This class also includes:
- postal giro and postal savings bank activities
- credit granting for house purchase by specialised deposit-taking institutions
- money order activities
This class excludes:
- credit granting for house purchase by specialised non-depository institutions, see 64.92
- credit card transaction processing and settlement activities, see 66.19