64.1 Monetary intermediation
This group includes the obtaining of funds in the form of transferable deposits, i.e. funds that are fixed in money terms, obtained on a day-to-day basis and, apart from central banking, obtained from non-financial sources.
Where 64.1 sits in the NK hierarchy
- >K Financial and insurance activities
- >64 Financial service activities, except insurance and pension funding
- >>64.1 Monetary intermediation
- >>64.1 Monetary intermediation
64.1 in other classification systems
Equivalent and related codes across 1 other system. Click any code to see its full definition, hierarchy, and crosswalks.
Subcategories of 64.1 Monetary intermediation
- 64.11Central banking
This class includes: - issuing and managing the country's currency - monitoring and control of the money supply - taking deposits that are used for clearance between financial institutions - supervising banking operations - holding the country's international reserves - acting as banker to the government The activities of central banks will vary for institutional reasons.
- 64.19Other monetary intermediation
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 excludes: - credit granting for house purchase by specialised non-depository institutions, see 64.92 - credit card transaction processing and settlement activities, see 66.19
Other NK codes under 64.1 Monetary intermediation
Frequently asked questions
- What is NK 64.1?
- NK 64.1 is "Monetary intermediation". This group includes the obtaining of funds in the form of transferable deposits, i.e. funds that are fixed in money terms, obtained on a day-to-day basis and, apart from central banking, obtained from non-financial sources.
- What does NK 64.1 include?
- 64.1 Monetary intermediation contains 2 direct subcategories: 64.11 Central banking; 64.19 Other monetary intermediation.
- How does NK 64.1 map to other classification systems?
- 64.1 Monetary intermediation has equivalents in NACE Rev 2 (64.1). These crosswalks let you translate this code between NK and 1 other classification system.
- What is the parent category of 64.1?
- 64.1 Monetary intermediation sits under 64.1 Monetary intermediation in the NK hierarchy.
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