CNAE Brazil 6432-8/00—Investment banks

Where 6432-8/00 sits

1. K Financial, insurance and related services activities
2. 64 Financial services activities
3. 64.3 Non-monetary intermediation - other fundraising instruments
4. 64.32-8 Investment banks
5. 6432-8/00 Investment banks

What 6432-8/00 includes

• The activities of financial institutions characterized by the practice of financing productive activity, with medium (greater than one year) and long-term terms, for the supply of fixed and working capital of 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

6432-8/00 in other systems