SBI 64.19.2—Activities of stock credit institutions

Where 64.19.2 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. 64.19.2 Activities of stock credit institutions

What 64.19.2 includes

• Money-creating financial institutions that mediate in the trading of securities on the stock exchange and grant credit against collateral of securities.
• Other activities of securities credit institutions 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 64.19.2 excludes

• Activities of cooperatively organised banks, 64191
• 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

64.19.2 in other systems