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64.19

Other monetary intermediation

This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or lending funds. The granting of credit can take a variety of forms, such as loans, mortgages, credit cards etc. These activities are generally carried out by monetary institutions other than central banks, such as: - banks - savings banks - credit unions

Name
Other monetary intermediation
Sector
K - Financial and insurance activities

Lump-sum tax

Usually not eligible

Usually not eligible for lump-sum taxation: financial intermediation is an excluded area.

Usually includes

  • This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or lending funds. The granting of credit can take a variety of forms, such as loans, mortgages, credit cards etc. These activities are generally carried out by monetary institutions other than central banks, such as:
  • banks
  • savings banks
  • credit unions

Usually excludes

  • credit granting for house purchase by specialised non-depository institutions, see 64.92
  • credit card transaction processing and settlement activities, see 66.19

Source: the official APR activity classification.