Monetary intermediation

NACE v2.0 Code: K64.1

About monetary intermediation

NACE code 64.1, 'Monetary intermediation', encompasses the activities of central banks and other financial institutions that engage in the facilitation of monetary 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 activities contribute to the efficient allocation of capital, the stability of the monetary system, and the overall economic development of a region or country.

Production process

The primary production techniques in the monetary intermediation industry involve the collection of deposits, the provision of loans, and the investment and management of financial assets. Central banks utilize various monetary policy tools, such as setting interest rates and reserve requirements, to regulate the money supply and influence economic conditions. Commercial banks and other financial institutions employ risk assessment, underwriting, and portfolio management strategies to facilitate the flow of capital between savers and borrowers.

Production inputs

The main inputs required for the monetary intermediation industry include financial capital, skilled personnel (e.g., bankers, financial analysts, risk managers), and technological infrastructure (e.g., banking software, payment systems, data processing capabilities). Additionally, these institutions rely on a robust legal and regulatory framework to operate effectively and maintain the trust of their customers.

Production outputs

The primary outputs of the monetary intermediation industry are the provision of deposit accounts, the extension of loans and credit, the facilitation of payment services, and the management of investment portfolios. The outputs of this industry are consumed by a wide range of other NACE codes, including 66.1 Activities auxiliary to financial services, 68.1 Buying and selling of own real estate, and 70.1 Activities of head offices, among others. These downstream industries rely on the financial services provided by the monetary intermediation sector to support their own economic activities.

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 page shows a legacy version of code 64.1 ( NACE v2.0).

Newer versions

Related ISIC Codes

These isic codes are related to this econ code: (64.1).

ISIC code ISIC Version ISIC title
641ISIC v4.0Monetary intermediation

Family tree for monetary intermediation

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

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

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


    %% Color coordination by level

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    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