SBI 64.92.1—Activities of mortgage banks and building funds

Where 64.92.1 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 64.9 Other financial service activities, except insurance and pension funding
4. 64.92 Other credit granting
5. 64.92.1 Activities of mortgage banks and building funds

What 64.92.1 includes

• Granting loans secured by real estate, ships and/or aircraft and the borrowing of long-term funds for that purpose.
• Financial services primarily relating to intermediation through the entering into obligations, other than currency, deposits or closely related alternatives to deposits, where the granting of credit may take various forms, e.g. loans, mortgages, credit cards, and the following types of services are provided: • credit granting by specialized agencies that do not attract deposits, e.g. for the purchase of a house.

What 64.92.1 excludes

• Activities of public credit banks and commercial finance companies, 64922
• Activities of private equity firms, 64923
• Activities of exchange brokers and other lending, 64924
• Lending by specialized deposit institutions, 6419
• Financial lease, 6491
• Securitisation of assets other than loans, 6499
• Operational leasing, based on the type of goods being leased, division 77
• Granting of subsidies by member organizations, 9499

64.92.1 in other systems