Categories: Treasury

NON-BANK FINANCIAL INSTITUTIONS (NBFI)

Businesses and institutions other than banks and other depository institutions, that are primarily engaged in proprietary investments and/or in the provision of financial services to other organizations and households. These services include, but are not limited to financial services whose functions are predominantly: the extending of credit for business purposes, brokerage services, underwriting services, financial management services, credit origination services, credit card services, insurance services, and pension services. Types of non-bank financial organizations include, but are not limited to:

  • Securities brokers/dealers
  • Bank holding companies (BHC)
  • Financial holding companies (FHC)
  • Intermediate holding companies (IHC)
  • Savings and Loan holding companies
  • Insurance companies (should only report debt positions with unaffiliated foreign residents)
  • Money market funds
  • Pension funds
  • Investment banks
  • Private funds
  • Credit card issuers
  • Hedge funds
  • Trusts
  • Collateralized Loan Obligations (CLO) Trustees
  • Finance companies
  • Mortgage companies
  • Factors and other financial intermediaries who extend short-term business credit to finance inventories or carry accounts receivable”
  • Futures commission merchants
SEC

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