CNAE Brazil 64.34-4—Development agencies

Where 64.34-4 sits

1. K Financial, insurance and related services activities
2. 64 Financial services activities
3. 64.3 Non-monetary intermediation - other fundraising instruments
4. 64.34-4 Development agencies

Contains 1 narrower code

• 6434-4/00 Development agencies

What 64.34-4 includes

• The activities of development agencies, which are institutions that provide fixed and working capital financing associated with projects in the federative unit where they are headquartered, aim to promote the development of the region in which they operate. They carry out operations involving the transfer of resources originating from national and international development financial organizations and institutions, constitutional funds, and the budgets of federative entities. They cannot raise funds from the public nor hold equity stakes in financial institutions

What 64.34-4 excludes

• The activities of the National Bank for Social Development - BNDES (64.33-6)

64.34-4 in other systems