CNAE Brazil 64.32-8—Investment banks

Where 64.32-8 sits

1. K Financial, insurance and related services activities
2. 64 Financial services activities
3. 64.3 Non-monetary intermediation - other fundraising instruments
4. 64.32-8 Investment banks

Contains 1 narrower code

• 6432-8/00 Investment banks

What 64.32-8 includes

• The activities of financial institutions are characterized by the practice of financing productive activities, with medium (greater than one year) and long-term terms, to supply fixed and working capital to companies, temporary equity participation, and the management of third-party resources. Their name must obligatorily include the expression "Investment Bank". They raise funds through term deposits, transfers of external and internal resources, and the sale of shares in investment funds they manage. They cannot raise funds in the form of demand deposits in current accounts, nor can they allocate resources to real estate ventures

64.32-8 in other systems