6419 Other monetary intermediation
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6419 Other monetary intermediation
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This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or other forms of lending funds. The granting of credit can take a variety of forms (for example, loans, mortgages, consumer credit cards, and so on). These activities are generally carried out by monetary institutions other than central banks, for example:
- banks
- savings banks
- credit cooperatives and unions
This class also includes:
- activities of postal banks (e.g. for giro (current) and savings accounts)
- credit granting by specialised deposit-taking institutions (e.g. for house purchases, agriculture)
- money order activities
This class excludes: