SCIAN 5222—Financial institutions for economic developmen

Where 5222 sits

1. 52 Financial and insurance services
2. 522 Non-exchange credit and financial intermediation institutions
3. 5222 Financial institutions for economic developmen

Contains 2 narrower codes

• 52221 Development Bank
• 52222 Financial funds and trusts

Description

Non-profit economic units primarily dedicated to raising and placing resources from the public to support the development of economic projects, and to managing funds and financial trusts to stimulate social and production activities.

Cross-references for 5222

• Establishments primarily engaged in the multiple banking institutions (5221, Multiple banking); retirement fund management (5242, Insurance and bonding services, and retirement fund management); Entities (investment instruments) whose purpose is to invest resources intended for the long term (retirement) and that may be used when the holder (the worker) reaches retirement age or in cases of disability or incapacity (5251, Investment companies specializing in retirement funds), and Entities (investment instruments) whose purpose is the acquisition and sale of investment assets with resources from the placement of shares representing their social capital in the market (5252, Investment funds).

5222 in other systems