NAICS Code 551111 Offices of Bank Holding Companies

The NAICS Code 551111 is described as
Offices of Bank Holding Companies

Bank holding companies (except managing)
Holding companies, bank (except managing)
Offices of Bank Holding Companies

Description

This U.S. industry comprises legal entities known as bank holding companies primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.

Establishments primarily engaged in-

· Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold-are classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and

· Holding the securities of depository banks and operating these entities-are classified in Industry Group 5221, Depository Credit Intermediation.

(2019-08-02)

It belongs to the code group
NAICS Code 55111 Management of Companies and Enterprises

To this Code "551111" belongs the sub codes
(No direct sub codes available)

The equivalent ISIC Code (Rev. 3.1) is

6599:	Other financial intermediation n.e.c.
	Autres intermédiations financières n.c.a.

The nearest NACE Code (Rev. 1.1) is

65.23:	Finanzierungsinstitutionen a.n.g. - Finanzierungsinstitutionen a.n.g.
65.23:	Other financial intermediation n.e.c. - Other financial intermediation n.e.c.
65.23:	Autres intermédiations financières n.c.a.
65.23:	Altre intermediazioni finanziarie n.c.a;
65.23:	Otros tipos de intermediacion financiera
65.23:	Overige financiele instellingen, neg
65.23:	Finansielle institutioner i.a.n.

The equivalent CPC Code (Rev. 1.1) is

xxxx:

No Code defined

Translation of the Code description

551111:

Offices of Bank Holding Companies

(2019-08-02)

Alternative Spellings (synonyms): Office, B?nke, banker, Officer, Banks, Holdings, Company

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