SSIC Group 641 – Monetary intermediation
Companies in this group take deposits or similar funds and use them to give loans and other credit. The group covers the central bank, banks and finance companies that take deposits.
Commonly registered businesses
- Wholesale banks, without Singapore dollar retail banking (64130)
- Full banks, licensed by MAS for all banking services (64120)
- Merchant banks, for corporate finance, underwriting and M&A work (64140)
- Finance companies that take fixed and savings deposits and lend (64150)
Classes of Monetary intermediation14 companies
·
| Code | Title | Companies |
|---|---|---|
| 6411 | Central Bank | 0 |
| 64110 | Central bank | 0 |
| 6412 | Full Banks | 10 |
| 64120 | Full banks | 10 |
| 6413 | Wholesale Banks | 3 |
| 64130 | Wholesale banks | 3 |
| 6414 | Merchant Banks | 1 |
| 64140 | Merchant banks | 1 |
| 6415 | Finance Companies | 0 |
| 64150 | Finance companies (with deposit taking functions) | 0 |
Companies in Monetary intermediation14 companies
| Company | Status |
|---|---|
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED S80FC2839H Wholesale banks | Live Company 14 Jan 1980 |
| DEUTSCHE BANK AKTIENGESELLSCHAFT S72FC2238G Wholesale banks | Live Company 1 Dec 1972 |
| THE NORTHERN TRUST COMPANY S96FC5148J Wholesale banks | Live Company 15 May 1996 |
| LOMBARD ODIER (SINGAPORE) LTD. 200618694N Merchant banks | Live Company 14 Dec 2006 |
Useful information for businesses in this group
- Banks, merchant banks and finance companies need a licence from MAS. (MAS)