CNAE Brazil 6431-0/00—Multiple banks, without a commercial portfolio

Where 6431-0/00 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
5. 6431-0/00 Multiple banks, without a commercial portfolio

What 6431-0/00 includes

• The activities of financial institutions that concentrate activities in a single company
• Distinct operational units, which are called portfolios. They are subject to the same rules
• Legal and regulatory frameworks applicable to individual institutions corresponding to their
• Respective portfolios. To be characterized as a multiple bank without a commercial portfolio, the
• The institution must have at least two of the following portfolios, one of which must be mandatory
• Investment loans: • investment or development loans, the latter exclusive to public banks • mortgage loans • financing and investment loans • financial leasing loans

6431-0/00 in other systems