Monetary intermediation

NACE v2.1 Code: L64.1

About monetary intermediation

NACE code 64.1, 'Monetary intermediation', encompasses the activities of central banks, commercial banks, and other financial institutions that engage in the facilitation of financial transactions. This industry plays a crucial role in the broader economy, providing essential services such as deposit-taking, lending, and the management of financial assets. As a key component of the financial sector, monetary intermediation supports economic growth, enables capital allocation, and facilitates the flow of funds between savers and borrowers.

Production process

The primary production techniques in the monetary intermediation industry involve the processing of financial transactions, the management of deposits and loans, and the investment of funds. Financial institutions utilize advanced information technology systems, risk management frameworks, and regulatory compliance procedures to ensure the efficient and secure handling of monetary activities.

Production inputs

The main inputs required for the monetary intermediation industry include financial capital, skilled personnel (e.g., bankers, financial analysts, compliance officers), and robust information technology infrastructure. Financial institutions also rely on a range of financial instruments, such as government securities, corporate bonds, and derivative products, to manage their asset portfolios and generate returns.

Production outputs

The primary outputs of the monetary intermediation industry are the provision of banking services, including deposit-taking, lending, and the facilitation of payment transactions. These outputs are consumed by a wide range of NACE codes, including 68.1 Real estate activities with own or leased property, 69.1 Legal activities, and 70.1 Activities of head offices, as well as individual consumers and businesses across various sectors.

Revisions to 64.1

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 64.1. The most recent 1 version of this code (64.1) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 64.1.

Older versions

Family tree for monetary intermediation

    graph LR
    A["<a href='/classifications/nace/v2-1/L'>L: FINANCIAL AND INSURANCE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/L/64'>64: Financial service activities, except insurance and pension funding</a>"]
B --> C["<a href='/classifications/nace/v2-1/L/64/1'>64.1: Monetary intermediation</a>"]

    B --> D["<a href='/classifications/nace/v2-1/L/64/2'>64.2: Activities of holding companies and financing conduits</a>"]
B --> E["<a href='/classifications/nace/v2-1/L/64/3'>64.3: Activities of trusts, funds and similar financial entities</a>"]
B --> F["<a href='/classifications/nace/v2-1/L/64/9'>64.9: Other financial service activities, except insurance and pension funding</a>"]

    C --> G["<a href='/classifications/nace/v2-1/L/64/11'>64.11: Central banking</a>"]
C --> H["<a href='/classifications/nace/v2-1/L/64/19'>64.19: Other monetary intermediation</a>"]


    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level3
class E level3
class F level3
class G level4
class H level4

  class C highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class C highlight