NOGA 641907—Branches of foreign banks

Where 641907 sits

1. L Financial and Insurance Activities
2. 64 Financial service activities, except insurance and pension funding
3. 641 Monetary intermediation
4. 6419 Other monetary intermediation
5. 641907 Branches of foreign banks

What 641907 includes

• Activities of branches of foreign banks Business focus: Most branches of foreign banks operate in the field of investment banking. A few banks also focus on asset management for clients abroad Geographic scope of activities: International, focused particularly on the country of origin Legal status: Unlike foreign-controlled banks, the branches of foreign banks are not legal entities in their own right. In terms of their business operations, as in legal respects, they are subordinate to their parent company.

Index entries for 641907

One entry from the official NOGA alphabetic index that classify under this code.

• Branch offices of foreign banks

641907 in other systems