WZ 64.19.1—Activities of commercial banks including branches of foreign 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 commercial banks including branches of foreign banks

What 64.19.1 includes

• Activities of credit institutions in private legal form (excluding those of registered cooperatives), which generally conduct all types of banking business. The focus is on short- and medium-term lending and deposit business.

What 64.19.1 excludes

• Lending by specialist credit institutions that do not accept deposits (e.g., for the purchase of residential property), see 64.92.3
• Processing and settlement of credit card transactions, see 66.19.1

64.19.1 in other systems