This U.S. Census Bureau NAICS-based industry comprises establishments of foreign banks operating as branches that specialize in commercial loans. They typically fund themselves via large denomination interbrain deposits, rather than through smaller denomination retail deposits.

Cross-References. Establishments primarily engaged in--

  • Accepting deposits and granting withdrawals, and other customer financial transactions NOT chartered by the Federal Government, one of the states, the District of Columbia, or territories--are classified in U.S. Census Bureau NAICS-based industry 5221103, Other Commercial Banks; and
  • Representing foreign banks; these establishments generally have no revenue--are classified in U.S. Census Bureau NAICS-based industry 5221109, Representative Offices of Foreign Banks.