SBI 64.19.1—Activities of cooperative banks

Where 64.19.1 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 64.1 Monetary intermediation
4. 64.19 Other monetary intermediation
5. 64.19.1 Activities of cooperative banks

What 64.19.1 includes

• Money-creating financial institutions, with the legal form of a cooperative association, that are affiliated with a central money-creating financial institution
• The central money-creating financial institution itself
• Savings banks established by cooperatively organized banks.
• Other activities of cooperatively organized banks such as: • mediation in the purchase and sale of securities; • mediation in the purchase and sale of foreign currency; • mediation in issues; • mediation in insurance, travel, financing, trust matters, etc.

What 64.19.1 excludes

• Activities of securities credit institutions, 64192
• Activities of savings banks, 64193
• Activities of general banks, 64194
• Lending by specialized institutions that do not attract deposits, e.g. for the purchase of a house, 6492
• Processing and settlement of credit card transactions, 6619

64.19.1 in other systems