Monetary Authorities - Central Bank
Key Figures
Figures are published for NAICS 521110 directly.
Secure payments powered by Stripe, a PCI DSS Level 1 certified provider
Official definition
This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency, managing the Nation's money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as a fiscal agent for the central government.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Monetary Authorities-Central Bank establishments perform core central banking functions such as issuing currency, managing the money supply and international reserves, and serving as fiscal agent for government. This differs from Credit Intermediation establishments, which lend depositor funds or borrowed capital to customers. Securities and Investment Activities establishments underwrite or broker securities and manage investment portfolios rather than controlling monetary policy. Insurance Carriers underwrite insurance and annuities rather than manage national money supplies.