Credit institutions and money market funds

This section contains aggregated balance sheet statistics on credit institutions (CIs) and money market funds (MMFs), which are subsectors of the MFI sector. The dataset covers the euro area as a whole and euro area Member States.

Monetary financial institution (MFI) balance sheet items (BSI) statistics are compiled by the ECB and include monthly and quarterly data. The MFI sector includes central banks, credit institutions, money market funds (MMFs), and e-money institutions and deposit-taking corporations other than credit institutions that are covered under the MFI definition.

The data available in this section refer to quarterly data on credit institutions and money market funds (MMFs) for the euro area (in aggregate and national breakdowns). Data on the assets side of monetary financial institution (MFI) balance sheets include loans, holdings of debt securities, shares/units issued by MMFs and non-MMF investment funds, equity, external assets and remaining assets. Data on the liabilities side include deposits, debt securities issued, shares/units issued by MMFs, capital and reserves, external liabilities and remaining liabilities. The dataset includes quarterly data referring to the euro area as a whole, covering outstanding amounts, transactions and growth rates. Loans, holdings of debt securities and deposits vis-à-vis euro area counterparts are broken down by sector.

BSI statistics are based on either the aggregated or the consolidated balance sheet of the monetary financial institutions (MFI) sector. The aggregated balance sheet is the sum of the balance sheets of all MFIs resident in the euro area. The consolidated balance sheet is obtained by netting the aggregated balance sheet positions between MFIs in the euro area. The consolidated balance sheet provides the basis for the regular analysis of euro area monetary aggregates and counterparts.

BSI statistics comprise: 

1. Monetary aggregates and counterparts
2. MFI balance sheets
3. Credit institutions and money market funds
4. Electronic money
5. Estimated MFI loans to NFCs by economic activity (NACE)

Data Structure Definition of the BSI Dataflow is available here.

All MFIs (see ECB website for a precise definition and a list of MFIs) in the euro area are legally obliged to report data from their business and accounting systems to the national central banks of the Member States where they reside. These in turn report national aggregates to the ECB.

Data collection is based on a census rather than a sample. Nonetheless, national central banks can, at their discretion, offer MFIs exemptions from full reporting on a national basis, provided that the MFIs supplying a full statistical return make up at least 95% of the total national MFI balance sheet (modified census).

Some monetary assets/liabilities of central government (post office,treasury) are also included in this dataset.