NIC Group 641 - Monetary intermediation

This class excludes: - financial supervisory activities except insurance and pension funding (not by the central bank), see 6611 - financial supervisory activities for insurance and pension funding (not by the central bank), see 6629 - financial regulation relating to the conduct of business and consumer protection and other wider financial regulatory activities, see 8414 - activities of international organizations, e.g. IMF, World Bank, see 9900

This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or other forms of lending funds. The granting of credit can take a variety of forms, such as loans mortgages, consumer credit cards etc. These activities are generally carried out by monetary institutions other than central banks This class excludes: - credit granting by specialised non-depository institutions, e.g. for house purchases, see 6492 - credit card transaction processing and settlement activities, see 6619