Other financial intermediaries

Definition

Institutional subsector of the economy comprised of financial institutions primarily engaged in financial intermediation through the acquisition of liabilities other than cash, deposits, or investment fund shares/units, and those related to insurance, pension, and standardized guarantee systems. These are primarily non-monetary financial intermediaries that conduct long-term financing activities.

Further information

This is a very diverse subsector that includes entities actively and independently intermediating in financial markets, whose activities differ from those of monetary financial institutions (subsectors S.121, S.122, and S.123, according to ESA 2010), non-monetary investment funds (S.124), insurance companies (S.128), and pension funds (S.129).

It includes, among others, securities and derivatives dealers, financial vehicle corporations, banking asset funds, venture capital companies, real estate investment trusts (REITs), central counterparties, and asset management companies.

Sectorisation table (European System of Accounts 2010).

Webpage with statistical information on financial institutions.