SCIAN 522—Non-exchange credit and financial intermediation institutions

Where 522 sits

1. 52 Financial and insurance services
2. 522 Non-exchange credit and financial intermediation institutions

Contains 5 narrower codes

• 5221 Multiple banking
• 5222 Financial institutions for economic developmen
• 5223 Credit unions and savings institutions
• 5224 Other non-exchange credit and financial intermediation institutions
• 5225 Services related to non-exchange credit intermediation

Description

Economic units primarily engaged in raising funds and granting loans, such as multiple banking institutions, economic development financial institutions, credit unions, savings institutions and other non-stock market credit and financial intermediation institutions.

What 522 includes

• Establishments primarily engaged in the issuance of gift cards, for groceries, points, restaurants and gasoline; to the processing of transactions linked to bank credit cards; to the provision of other types of auxiliary activities to financial intermediation, and savings and loan societies.

Cross-references for 522

• Establishments primarily engaged in the distribution of purchase vouchers (437, Wholesale trade intermediation); to the retail trade of antiques and works of art, and of used goods (466, Retail trade of household goods, computers, interior decoration items and used goods); to provide electronic information processing services, such as non-bank credit card processing (518, Provision of computing services infrastructure, data processing, internet page hosting and other related services); to the administration of retirement funds (524, Insurance, bonding, and retirement fund management companies); Entities (investment instruments) that are intended to invest resources destined for the long term (retirement) and that may be used when the holder (the worker) reaches retirement age or in cases of disability or incapacity; Entities (investment instruments) whose purpose is the acquisition and sale of investment assets with resources from the placement of shares representing their share capital in the market (525, Investment companies specializing in retirement funds and investment funds), and those related to the rental of movable property, and the rental of movable property in combination with financial leasing (532, Rental services of movable property).

522 in other systems