KSICSubclass

KSIC 64911Financial leasing

Subclass · Korean Standard Industrial Classification (Rev. 11 (2024))

Where 64911 sits

  1. K Financial and insurance activities
  2. 64 Financial service activities, except insurance and pension funding
  3. 649 Other financial businesses
  4. 6491 Credit granting
  5. 64911 Financial leasing

Description

Generally, this is an activity of providing financing for equipment by setting the lease period of the asset close to its useful life maturity; the lessee is responsible for all profits, losses, and risks related to the use and ownership of the asset, and whether the asset is transferred at maturity may be determined separately.

Example activities

  • financial lease

Cross-references for 64911

  • Operating Lease ( 76 )

64911 in other systems

Looking up equivalents…

Index entries for 64911

2 entries from the official KSIC alphabetic index that classify under this code.

  • Financial services related to fixed assets
  • Financial leases