64.19 — Other Monetary Intermediation

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 (for example, loans, mortgages, consumer credit cards, and so on). These activities are generally carried out by monetary institutions other than central banks, for example: - banks - savings banks - credit cooperatives and credit unions

This class also includes: - activities of postal banks (e.g. for giro (current) and savings accounts) - credit granting by specialised deposit-taking institutions (e.g. for house purchases, agriculture) - money order activities

This class excludes: - credit granting by specialised non-depository institutions (e.g. for house purchases), see 64.95 - credit card transaction processing and settlement activities, see 66.19