CNAE Brazil 64.31-0—Multiple banks, without a commercial portfolio

Where 64.31-0 sits

1. K Financial, insurance and related services activities
2. 64 Financial services activities
3. 64.3 Non-monetary intermediation - other fundraising instruments
4. 64.31-0 Multiple banks, without a commercial portfolio

Contains 1 narrower code

• 6431-0/00 Multiple banks, without a commercial portfolio

What 64.31-0 includes

• The activities of financial institutions that concentrate distinct operational activities, known as portfolios, within a single company are subject to the same legal and regulatory norms applicable to individual institutions corresponding to their respective portfolios. To be characterized as a multiple bank without a commercial portfolio, the institution must have at least two of the following portfolios, one of which must be an investment portfolio: • investment or development, the latter exclusively for public banks. • mortgage loan • credit, financing and investment • financial leasing

64.31-0 in other systems