Other credit granting

This class includes:

• financial service activities primarily concerned with making intermediation by incurring liabilities – in forms other than currency, deposits or close substitutes for deposits – where the granting of credit can take a variety of forms (e.g. loans, mortgages, credit cards), providing the following types of services:
  • granting of consumer credit by non-depository institutions
  • international trade financing
  • provision of long-term finance to industry
  • provision of banking-like services without a banking license, in cooperation with a licensed bank
  • money lending outside the banking system
  • credit granting by specialised non-depository institutions (e.g. for house purchases)
  • loan securitisation
  • factoring and supply chain financing activities
  • activities of pawnbrokers

This class excludes:

• credit granting by specialised deposit-taking institutions, see 64.19
• financial leasing, see 64.91
• securitisation of assets other than loans, see 64.99
• operating leasing, according to type of goods leased, see division 77
• grant-giving activities by membership organisations, see 94.99