This text is meant purely as a documentation tool and has no legal effect. The Union's institutions do not assume any liability for its contents. The authentic versions of the relevant acts, including their preambles, are those published in the Official Journal of the European Union and available in EUR-Lex. Those official texts are directly accessible through the links embedded in this document

►B	GUIDELINE OF THE EUROPEAN CENTRAL BANK of 4 April 2014 on monetary and financial statistics (recast) (ECB/2014/15) (2014/810/EU) (OJ L 340 26.11.2014, p. 1)

Amended by:

		Official Journal
		No	page	date
►M1	GUIDELINE (EU) 2015/571 OF THE EUROPEAN CENTRAL BANK of 6 November 2014	L 93	82	9.4.2015
►M2	GUIDELINE (EU) 2016/450 OF THE EUROPEAN CENTRAL BANK of 4 December 2015	L 86	42	1.4.2016
►M3	GUIDELINE (EU) 2017/148 OF THE EUROPEAN CENTRAL BANK of 16 December 2016	L 26	1	31.1.2017

▼B

GUIDELINE OF THE EUROPEAN CENTRAL BANK

of 4 April 2014

on monetary and financial statistics

(recast)

(ECB/2014/15)

(2014/810/EU)

Article 1

Scope

1. General

This Guideline establishes the NCBs’ obligations to report monetary and financial statistics to the ECB.

▼M2

2. Reporting schemes, standards and transmission dates

NCBs shall report the items referred to in Articles 3 to 26a in accordance with the schemes set out in Annex II and in accordance with the electronic reporting standards set out in Annex III. By the end of September each year, the ECB shall communicate the exact transmission dates to NCBs in the form of a reporting calendar for the following year.

▼B

3. Back data reporting requirements in the case of adoption of the euro

In cases of adoption of the euro, the following rules shall apply:

(a) For MFI and MMF balance sheet statistics and statistics on IF and FVC assets and liabilities, NCBs of Member States whose currency is not the euro (hereinafter the ‘non-euro area Member States’) that adopt the euro following the entry into force of this Guideline shall report to the ECB back data covering all reference periods from their accession to the Union, and in any case covering at least the three years prior to their accession to the euro area. Data shall be compiled by the NCB as if the Member State in question was part of the euro area throughout all reference periods. In order to fulfil this requirement, NCBs of countries that accede to the Union are recommended to implement the requirements of these datasets in accordance with the templates for non-euro area Member States.

(b) In addition to this general requirement, the following requirements apply in respect of MFI balance sheet items (BSI) statistics:

(i) back data shall also cover the three years prior to the Member State’s accession to the Union, unless otherwise agreed with the ECB;

(ii) NCBs of euro area Member States shall report positions vis-à-vis Member States that adopt the euro following the entry into force of this Guideline covering the three years prior to the euro area enlargement, unless otherwise agreed with the ECB. This principle shall apply only to monthly outstanding amounts reported in accordance with Regulation (EU) No 1071/2013 (ECB/2013/33). Reporting is mandatory only for those outstanding amounts exceeding EUR 50 million and is otherwise done on a voluntary basis.

(c) For securities issues, the time series transmitted to the ECB shall commence from December 1989 for outstanding amounts, and from January 1990 for flows.

(d) For payments statistics, five years of data shall be reported, including the latest reference year, on a best efforts basis.

4. Back data reporting requirements arising from the introduction of the new requirements in respect of monetary and financial statistics

(a) Quarterly back data or estimates in line with the requirements of the revised European system of accounts (hereinafter the ‘ESA 2010’) laid down by Regulation (EU) No 549/2013 are needed for BSI, IF and FVC statistics as specified in Tables 1, 2 and 3 of Annex VI for the compilation of financial accounts. Data shall be reported to the ECB on a best efforts basis as follows: in September 2014 for the reference periods from Q4 2012 to Q2 2014; in December 2014 for the reference period Q3 2014; and in March 2015 for the reference period Q4 2014.

(b) Back data or estimates for the new high priority features adopted in Regulation (EU) No 1071/2013 (ECB/2013/33) as specified in Table 4 of Annex VI for the reference periods from June 2014 onwards are needed on a best efforts basis by May 2015 to avoid a delay in the actual publication.

(c) Back data or estimates for the new features adopted in Regulation (EU) No 1072/2013 (ECB/2013/34) and this Guideline as specified in Table 5 of Annex VI for the reference periods from June 2014 onwards are needed on a best efforts basis by May 2015.

Article 2

Definitions

For the purposes of this Guideline:

(1) ‘reporting agent’ and ‘resident’ have the same meanings as defined in Article 1 of Regulation (EC) No 2533/98;

(2) ‘Eurosystem’ means the NCBs of the euro area Member States and the ECB;

(3) ‘credit institution’ has the same meaning as defined in Article 4(1)(1) of Regulation (EU) No 575/2013 of the European Parliament and of the Council ( 1 );

(4) ‘other MFIs’ means all MFIs other than central banks.

Article 3

Balance sheet item statistics on MFIs

1. Scope of reporting

(a) General

NCBs shall compile and report two separate aggregated balance sheets, both on a gross basis, in accordance with the schemes laid down in Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33): one referring to the MFI sub-sector ‘central bank’ and one referring to the sub-sector ‘other MFIs’.

NCBs shall derive the required statistical information concerning their own balance sheets from their accounting systems by means of the dedicated bridging tables available on the ECB website ( 2 ). The tables will be amended as needed in cooperation with NCBs to reflect evolving situations, for example in order to ensure consistency with updated accounting rules. The ECB, for statistical reporting purposes, shall derive data from its own balance sheet, corresponding to the data derived by the NCBs from their own balance sheets.

NCBs shall derive the required statistical information concerning the balance sheets of other MFIs by aggregating the BSI data collected from resident individual MFIs excluding the resident NCB.

These requirements shall cover end-month and end-quarter outstanding amounts (stocks), monthly and quarterly flow adjustments data, and monthly and quarterly data on loan securitisations and other loan transfers. The balance sheet shall be drawn up as at the last calendar day of the month/quarter without regard to local bank holidays; if this is not possible, data relating to the last working day shall be used, in accordance with national market or accounting rules.

All items are mandatory; however, with reference to cells in Tables 3 and 4 of Part 3 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) corresponding to the non-euro area Member States, some special provisions apply, as described in paragraph 8. In addition, with reference to the requirements of Table 5 of Part 5 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) for reporting of securitised and derecognised loans which are serviced by MFIs, NCBs may extend the reporting requirements to include loans otherwise transferred which are serviced by MFIs. To the extent that this additional information is not included in the reporting under Table 5 of Part 5 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) but is available to the NCBs, the data shall be included in Table 4 of Part 1 of Annex II to this Guideline. To the extent that information on loans securitised or otherwise transferred which are not serviced by MFIs is available to NCBs (e.g. from OFIs or financial auxiliaries acting as servicers to the loans), these data shall be included in Table 4 of Part 1 of Annex II.

NCBs shall report statistical information on balance sheet items in accordance with Part 1 of Annex II.

(b) Flow adjustments

The ECB shall calculate transactions by taking the difference between end-month stocks and then removing the effects that do not arise from transactions based on the following flow adjustments:

(i) reclassifications and other adjustments, covering changes in the balance sheet stocks that arise due to changes in the composition and structure of the MFI population, changes in the classification of financial instruments and counterparties, changes in statistical definitions and the (partial) correction of reporting errors;

(ii) revaluation adjustments due to changes in prices, comprising any change in the stock position due to the impact of movements in prices of assets and liabilities, and also reflecting the impact of write-offs or write-downs of loans; and changes in exchange rates, comprising any change in the stock position due to the impact of exchange rate movements on assets and liabilities denominated in foreign currency.

NCBs shall report to the ECB monthly and quarterly data relating to reclassifications and other adjustments and to revaluations due to price changes calculated in accordance with Annex IV. The ECB normally calculates revaluation adjustments for changes in exchange rates, although when NCBs are in a position to compile more accurate adjustments they may also transmit these adjustments to the ECB directly.

2. Reporting frequency and deadline

NCBs and the ECB’s business area responsible for financial reporting shall report monthly data to the ECB by close of business on the 15th working day following the end of the month to which the data relate, while quarterly data shall be reported by close of business on the 28th working day following the end of the quarter to which the data relate.

3. Revision policy

NCBs may need to revise the data referring to the last period prior to the current reference period. In addition, revisions referring to previous periods may also occur, arising from, for example, mistakes, reclassifications, improved reporting procedures, etc. The ECB may process exceptional and ordinary revisions simultaneously or decide to postpone the processing of exceptional revisions until after the monthly production period for monetary aggregates.

The revision policy shall comply with the principles in the ECB’s ‘Manual on MFI balance sheet statistics’. To ensure a good balance between the quality of monetary statistics and their stability, and to enhance the consistency between the monthly and the quarterly statistics, exceptional revisions to the monthly data shall be reported at the time of submitting the quarterly statistics. Whenever revisions to monthly data are reported but the national data production framework does not allow the generation of corresponding quarterly revisions, NCBs shall ensure, on a best efforts basis, that the consistency between monthly and quarterly data is maintained, e.g. by means of estimates.

4. Checks monitoring the internal consistency of the data

Before transmitting data to the ECB, NCBs and the ECB’s business area responsible for financial reporting shall verify the internal consistency of the data in accordance with the checks defined and maintained by the ECB.

5. Grossing-up

(a) Composition of the ‘tail’

Where NCBs grant derogations to MMFs in accordance with Article 9(1)(a) of Regulation (EU) No 1071/2013 (ECB/2013/33), NCBs shall ensure that their combined contribution to the total national MMF balance sheet does not exceed:

(i) 10 % in each euro area Member State where the national MMF balance sheet accounts for more than 15 % of the total MMF balance sheet of the euro area;

(ii) 30 % in all other euro area Member States, except for those where the national MMF balance sheet accounts for less than 1 % of the total MMF balance sheet of the euro area, in which case no specific restriction in the allocation of MMFs to the tail shall apply.

Where NCBs grant derogations to MMFs in accordance with sub-paragraphs (i), (ii) or (iv) of Article 9(2)(b) of Regulation (EU) No 1071/2013 (ECB/2013/33), NCBs shall ensure that for each item the combined contribution of the derogations to the corresponding total amount in the national MFI balance sheet does not exceed 5 %. NCBs may also grant derogations to MMFs from the requirement to provide data on asset and liability positions vis-à-vis the euro area insurance corporations sector and the pension funds sector separately in accordance with sub-paragraph (iii) of Article 9(2)(b) of Regulation (EU) No 1071/2013 (ECB/2013/33). The NCBs shall distinguish between assets and liabilities vis-à-vis insurance corporations and pension funds, and between positions with domestic institutions and institutions resident in other euro area Member States, and may then grant derogations with respect to each block whose contribution does not exceed 5 % of the total national MMF balance sheet.

(b) Minimum standards for grossing-up

Where NCBs grant derogations to MFIs in accordance with Article 9 of Regulation (EU) No 1071/2013 (ECB/2013/33), NCBs shall gross up to 100 % coverage for these MFIs in the compilation of the monthly and quarterly MFI balance sheet data reported to the ECB. NCBs may choose the procedure for grossing up to 100 % coverage, provided it fulfils the following minimum standards:

(i) for missing breakdowns data, estimates shall be derived by applying ratios based on a sub-set of the actual reporting population considered to be more representative of the ‘tail’ as follows:

— NCBs of Member States whose contribution to the aggregated MFI balance sheet of the euro area is larger than 2 % shall determine this sub-set so that the total balance sheet of the entities in the sub-set does not exceed 35 % of the national aggregated MFI balance sheet. This requirement shall not apply when the balance sheets of the institutions to which the derogations are granted account for less than 1 % of the national MFI balance sheet,

— NCBs of Member States whose contribution to the total aggregated MFI balance sheet of the euro area is less than 2 % are encouraged to follow the same arrangement. However, should significant costs be involved, NCBs in these Member States may apply ratios based on the reporting population instead;

(ii) in applying point (i), both the ‘tail’ and the sub-set of the actual reporting population may be subdivided into different groups by reference to the type of institution, e.g. MMFs or credit institutions;

(iii) whenever the contribution of MMFs that only report their total assets once a year exceeds 30 % of the total MMF balance sheet in any given Member State, NCBs shall gross up the data reported by MMFs and credit institutions separately as follows:

— if sufficient coverage exists from MMFs that are full reporters, their aggregated balance sheet shall be used as the basis for grossing-up,

— if the coverage from MMFs that are full reporters is insufficient or there are no MMFs that are full reporters, NCBs shall estimate a balance sheet for the MMF sector from alternative data sources, at least once a year, and use it as the basis for grossing up;

(iv) where the breakdowns data are available, but with a longer delay or at a lower frequency, reported data shall be carried forward into the missing periods by:

— repeating the data when the results have proven to be adequate, or

— applying appropriate statistical estimation techniques to take account of trends in the data or seasonal patterns;

(v) ratios or any other intermediate calculation required to implement the minimum standards for grossing up may be derived from data obtained from supervisory authorities whenever a reliable link can be established between the statistical breakdown to be grossed up and such data.

NCBs shall inform the ECB of the derogations they apply and also provide information on the main elements of the new grossing-up procedures or changes to existing ones, if significant.

6. Valuation methods and/or accounting rules

In compiling the central bank balance sheet, the NCBs and the ECB shall follow the harmonised accounting rules in Guideline ECB/2010/20 as amended and apply the bridging tables mentioned in Article 3(1). In particular:

(a) where NCBs and the ECB are required for accounting purposes to revalue their securities portfolios on a monthly rather than quarterly basis, these revaluations shall also be reflected in the statistical balance sheet on a monthly basis;

(b) for accounting items 9.5 ‘other claims within the Eurosystem (net)’ and 10.4 ‘other liabilities within the Eurosystem (net)’, NCBs shall identify assets separately from liabilities and report them on a gross basis;

(c) where accounting item 14 ‘revaluation accounts’ is to be reported on a gross basis for accounting purposes, NCBs shall report it on a net basis for statistical purposes.

Article 8 of Regulation (EU) No 1071/2013 (ECB/2013/33) lays down the relevant accounting principles for the purposes of statistical reporting as regards ‘other MFIs’. In particular, without prejudice to accounting practices and netting arrangements prevailing in the euro area Member States, all financial assets and liabilities shall be reported on a gross basis. In addition, in respect of deposits and loans the principal amount outstanding, excluding amounts written down or written off, shall be reported. NCBs may, exceptionally, allow the reporting of loans net of provisions and the reporting of purchased loans at the price agreed at the time of their acquisition, subject to the conditions laid down in Article 8 of Regulation (EU) No 1071/2013 (ECB/2013/33).

As regards the valuation of other balance sheet items, and especially of securities held and issued, it is recommended that NCBs apply a market valuation in line with the requirements of the ESA 2010. However, the general requirement laid down in Article 8 of Regulation (EU) No 1071/2013 (ECB/2013/33) that MFIs shall follow the national transposition of Directive 86/635/EEC as well as any other applicable international standards implies that valuation practices for securities and other assets vary. The application of non-standardised valuation rules is therefore acceptable as long as the book value does not diverge significantly from the market value.

7. Explanatory notes

When transmitting data to the ECB, the NCBs and the ECB’s business area responsible for financial reporting shall provide explanatory notes accompanying special developments relating to the most recent reference period, including explanations concerning ‘reclassifications and other adjustments’, as well as relevant revisions to back periods. In particular, the explanatory notes shall be reported for developments, ‘reclassifications and other adjustments’ and revisions larger than EUR 5 billion (in absolute value) or in other cases when they are deemed economically significant, e.g. when developments in the reported series relate to large transactions during the reporting period, or when revisions determine significant changes in the economic interpretation of the aggregated developments. NCBs and the ECB shall provide additional explanations on the reported data at the request of the ECB.

The notes shall also indicate whether the identified significant developments, revisions or ‘reclassifications and other adjustments’ affecting the reported series are final or still subject to investigation.

NCBs shall report the explanatory notes preferably at the time of the data transmission and in any case before the closing of data production.

The ECB shall store centrally the explanatory notes received from the NCBs for data monitoring and statistics clarification purposes. The ECB shall handle the information provided in the notes with due respect to the confidentiality regime applicable.

8. Special provisions relating to Tables 3 and 4 of Part 3 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33)

NCBs may decide not to require MFIs to report in full in respect of the cells in Tables 3 and 4 of Part 3 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) corresponding to non-euro area Member States, if figures collected at a more aggregated level are insignificant. NCBs shall review at regular intervals, and at least once a year, whether or not these provisions continue to apply. When granting these derogations, NCBs shall report quarterly estimates derived in accordance with the following criteria:

(a) the quarterly figures shall be estimated on the basis of data reported by MFIs at lower frequency; these data shall be carried forward into the missing period(s) by repeating them or applying appropriate statistical techniques to reflect any trend in the data or seasonal pattern;

(b) the quarterly figures shall be estimated on the basis of data reported by MFIs on a more aggregated basis, or on the basis of specific breakdowns that the NCBs consider meaningful;

(c) the quarterly figures shall be estimated on the basis of quarterly data collected from large MFIs responsible for at least 80 % of the business with the countries for which the reporting exemption applies;

(d) the quarterly figures shall be estimated on the basis of alternative data sources such as the Bank for International Settlements (BIS) or on the basis of balance of payments data, after any necessary adjustments required due to differing concepts and definitions used in such alternative sources compared with those used in monetary and financial statistics are made; or

(e) the quarterly figures shall be estimated on the basis of data for the countries for which the reporting exemption applies, reported quarterly by MFIs as a single total.

Article 4

Monitoring consistency between the NCB statistical balance sheet and its accounting balance sheet

1. Scope of monitoring

NCBs and the ECB shall monitor the consistency between their respective end-month aggregated balance sheet for statistical purposes as reported under Regulation (EU) No 1071/2013 (ECB/2013/33) and their accounting items as reported for the Eurosystem’s weekly financial statement under Guideline ECB/2010/20, as amended.

2. Reporting frequency and deadline

NCBs shall run checks on every item of monthly data in accordance with the template set out in Part 2 of Annex I. The checks shall be transmitted to the ECB with the corresponding quarterly data and the same deadline as defined in Article 3(2) for quarterly data.

For reporting periods where the dates of their Eurosystem end-month aggregated balance sheet for statistical purposes and its accounting items as reported for the Eurosystem’s weekly financial statement do not coincide, NCBs may compare the statistical data with the daily balance sheet produced for the last working day of the month. As the compiler of its own balance sheet, the ECB shall follow the same procedure.

3. ECB monitoring

The ECB shall monitor the results of the consistency checks and may require NCBs to follow up on the relevant discrepancies.

Article 5

Statistics on electronic money

(a) Monthly or quarterly statistical reporting requirements on electronic money issued by MFIs not granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33)

1. Scope of reporting

The ECB, in cooperation with the NCBs, shall identify and record on a yearly basis the features of electronic money schemes used within the Union, the availability of the statistical information concerned and the compilation methods used in relation to it. NCBs shall report statistical information on electronic money issued by all MFIs not granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33), in accordance with the list of items in Table 1 of Part 2 of Annex II to this Guideline.

2. Reporting frequency and deadline

Monthly data shall be reported to the ECB together with the monthly data transmission of MFI balance sheet item statistics, as specified in Article 3(2). In the absence of data, NCBs shall use estimates or provisional data where possible.

(b) Annual statistical reporting requirements on electronic money issued by all electronic money institutions that are not credit institutions or by small MFIs granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33)

1. Scope of reporting

This reporting shall cover electronic money institutions principally engaged in financial intermediation in the form of issuing electronic money, which thus fulfil the MFI definition, and electronic money institutions not principally engaged in financial intermediation in the form of issuing electronic money, which thus do not fulfil the MFI definition. This reporting shall also include reporting from small MFIs granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33), whether or not they are credit institutions.

NCBs shall report statistical information in accordance with the list of items in Table 2 of Part 2 of Annex II to this Guideline. Data of issuers of electronic money that do not fulfil the MFI definition and which are hence not subject to regular BSI statistical reporting requirements shall be reported to the extent that NCBs can obtain them from their respective supervisory authorities or other suitable sources.

2. Reporting frequency and deadline

The series shall be reported on an annual basis to the ECB by the last working day of the month following the end of the reference period. In the absence of data, NCBs shall use estimates or provisional data where possible.

Article 6

Statistics on POGIs and central government

1. Scope of reporting

(a) General

NCBs collect statistical information on POGIs in accordance with Regulation (EU) No 1074/2013 (ECB/2013/39). The requirements cover monetary liabilities vis-à-vis euro area resident non-monetary financial institutions, i.e. close substitutes for monetary financial institutions deposit liabilities, and holdings of cash and securities issued by euro area MFIs. These data shall be reported by NCBs to the ECB in accordance with Part 3 of Annex II.

NCBs shall also cover central government monetary liabilities and holdings of cash and securities issued by euro area MFIs in the reporting under Part 3 of Annex II. On de minimis grounds, these items shall not be reported where such assets and liabilities do not exist or are insignificant.

(b) Flow adjustments

Flow adjustments data shall be reported in accordance with Article 3(1)(b).

2. Reporting frequency and deadline

The series shall be reported on a monthly basis and with the same timeliness as specified in Article 3(2) for the monthly BSI statistics.

Article 7

Memorandum items

1. Scope of reporting

(a) General

To the extent that data are available, including on a best estimate basis, the NCBs shall report further statistical information in accordance with the list of memorandum items set out in Part 4 of Annex II as a supplement to and with the same frequency and timeliness as the BSI statistics specified in Article 3(2). The ECB, in cooperation with the NCBs, shall identify and record the availability of the statistical information concerned and the compilation methods related to it. These memorandum items represent information needed for the compilation of euro area monetary aggregates, MFI interest rate statistics and monetary union financial accounts, and have high priority, unless otherwise indicated in the tables. Subject to agreement between the ECB and the NCB, the items relating to the split of MFI debt securities issued by residency of the holder in Table 2 of Section 1 of Part 4 of Annex II need not be reported by the NCBs where alternative data sources are used by the ECB.

(b) Flow adjustments

Flow data may be provided subject to bilateral agreement between the ECB and the relevant NCB. Flow adjustments data shall be reported in accordance with Article 3(1)(b).

2. Reporting frequency and deadline

The series shall be reported monthly for the items referred to in Sections 1 and 2 of Part 4 of Annex II and quarterly for the items referred to in Section 3 of Part 4 of Annex II and with the same timeliness as the mandatory monthly and quarterly MFI balance sheet statistics reported in accordance with Regulation (EU) No 1071/2013 (ECB/2013/33).

3. Valuation methods and/or accounting rules

Memorandum items required under this article shall be reported following the same valuation and accounting rules as apply to the data reported in accordance with Regulation (EU) No 1071/2013 (ECB/2013/33).

Article 8

Reserve base statistics

1. Scope of reporting

Monthly statistics on the aggregated reserve base, broken down by type of liability, shall be calculated as end-month stocks in accordance with Regulation (EC) No 1745/2003 (ECB/2003/9) and with the categories set out in Regulation (EU) No 1071/2013 (ECB/2013/33). Data required to produce these statistics in accordance with Part 5 of Annex II shall be drawn from the data that credit institutions subject to minimum reserve requirements submit to NCBs.

2. Reporting frequency and deadline

The reserve base statistics shall comprise six time series for credit institutions, referring to month-end stock figures to be transmitted to the ECB on a monthly basis, at the latest by the NCB working day preceding the start of the reserve maintenance period, via the European System of Central Banks (ESCB) data exchange system. Credit institutions in the tail shall report to the NCBs a limited breakdown on a quarterly basis. For these tail credit institutions, simplified reserve base statistics shall be used for the three reserve maintenance periods. NCBs shall use the quarterly reserve base data from the credit institutions in the tail for the monthly figures reported to the ECB in the three data transmissions following their release.

3. Revision policy

Revisions by the reporting institutions to the reserve base and/or reserve requirements made after the maintenance period has started may not lead to revisions being made to the statistics on the reserve base and on the reserve requirements.

Article 9

Macro ratio statistics

1. Scope of reporting

The ECB shall monitor on a monthly basis, using the end-month statistical information that credit institutions submit to NCBs in accordance with Regulation (EU) No 1071/2013 (ECB/2013/33), the accuracy of the current standardised deductions from the reserve base that credit institutions may apply to the outstanding amount of their debt securities issued with an agreed maturity of up to two years. NCBs shall compile the required aggregates in accordance with Part 6 of Annex II and report them to the ECB.

2. Reporting frequency and deadline

The three time series for the credit institutions, referring to month-end stocks figures, shall be transmitted to the ECB on a monthly basis, at the latest by the NCB working day preceding the start of the maintenance period.

These series shall be transmitted even if the related balance sheet items do not apply in the relevant Member State.

Article 10

MMF balance sheet statistics

1. Scope of reporting

(a) General

NCBs shall report to the ECB separate balance sheet items data for the MMF sector in accordance with Tables 1 and 2 of Part 7 of Annex II. The data are used by the ECB to compile both MMF and credit institution balance sheet statistics. Since data on the entire MFI sector are already reported in accordance with Regulation (EU) No 1071/2013 (ECB/2013/33), the requirements laid down in this article apply only to MMFs. Although in some Member States a small number of other institutions are classified as MFIs, these institutions shall be considered insignificant from a quantitative perspective.

(b) Flow adjustments

Reclassification and revaluation adjustments data as referred to Table 2 in Part 7 of Annex II shall be reported in accordance with Article 3(1)(b), taking into account any derogations granted under Article 9(2) of Regulation (EU) No 1071/2013 (ECB/2013/33). Where reporting of revaluation adjustments is subject to a derogation granted by NCBs to MMFs under Regulation (EU) No 1071/2013 (ECB/2013/33), NCBs shall report data on a best efforts basis for items in respect of which revaluation adjustments may be significant.

2. Reporting frequency and deadline

Data shall be reported on a quarterly basis within 28 working days of the end of the reference period.

3. Grossing-up

The data reported in respect of the MMFs’ balance sheet shall cover 100 % of the institutions classified in this sector. Where the actual reporting coverage is less than 100 % due to cutting off the tail, NCBs shall gross up the data supplied in accordance with Article 3(5) to ensure 100 % coverage.

4. Revision policy

Revisions to MMF data shall be consistent with the corresponding end of quarter other MFI data. In the event that transmission of new or revised MMF data implies changes to the data for the corresponding other MFI reference period, the required revisions for other MFI data shall also be transmitted.

Article 11

Structural financial indicators

1. Scope of reporting

(a) General

NCBs shall report data on other structural financial indicators in accordance with Part 8 of Annex II.

NCBs shall provide data in respect of the indicators specified in Part 8 of Annex II in accordance with the conceptual and methodological rules set out therein. The statistical principles adopted for the compilation of BSI statistics shall be followed, namely:

(i) data shall be aggregated, not consolidated;

(ii) the residency principle shall follow the ‘host country approach’;

(iii) balance sheet data shall be reported on a gross basis.

(b) Flow adjustments

Flow adjustments data shall be reported in accordance with Article 3(1)(b).

2. Reporting frequency and deadline

Data to calculate structural financial indicators on credit institutions shall be reported by the end of March of each year with reference to the previous year. The indicator ‘number of employees of CIs’ shall be provided, if possible, by the end of May each year with reference to the previous year.

3. Revision policy

NCBs shall apply the following general principles when revising the reported data:

(a) during all regular annual data transmissions, in addition to data for the latest year, ordinary revisions to the previous year’s data and exceptional revisions shall be sent as necessary;

(b) exceptional revisions which significantly improve the quality of the data may be sent during the year.

4. Grossing-up

Collected data shall cover 100 % of the institutions defined as credit institutions in accordance with Article 1 of Regulation (EU) No 1071/2013 (ECB/2013/33). Where the actual reporting coverage is less than 100 % NCBs shall gross up the data supplied in accordance with Article 3(5) to ensure 100 % coverage.

5. Explanatory notes

The NCBs shall report to the ECB any deviation from the definitions and rules above to allow monitoring of national practice. NCBs shall submit explanatory notes explaining the reasons for significant revisions.

▼M3

Article 12

Consolidated banking data

1. Scope of reporting

NCBs shall report consolidated banking data in accordance with Part 9 of Annex II and shall follow the conceptual and methodological rules set out therein when providing such data.

NCBs shall report consolidated banking data in accordance with the European Banking Authority's (EBA) Implementing Technical Standards (ITS) introduced by Commission Implementing Regulation (EU) No 680/2014 ( 3 ) and where applicable in accordance with national reporting obligations. NCBs shall provide actual data, where available. Where actual data are not available or cannot be processed, NCBs shall provide national estimates accompanied by methodological notes. Where the statistical information to be provided is not in full accordance with the EBA's ITS reporting standards or national reporting requirements, NCBs shall provide methodological notes in relation to the areas where the standards are not fully met.

Targeting the maximum possible coverage, NCBs shall specify any credit institutions excluded from the reporting population and an explanation of the reasons for their exclusion shall be provided. Major credit institutions or groups of institutions, which are relevant from a financial stability perspective, shall not be excluded from the reporting population.

The data collected shall be fully consolidated on a cross-border and cross-sector basis, where ‘cross-border’ refers to domestic banks' branches and subsidiaries located outside the domestic market and included in the data reported by the parent institution, and ‘cross-sector’ includes the branches and subsidiaries of banks classifiable as other financial institutions. Insurance companies shall not be included in the consolidated data.

Consolidated banking data shall be reported separately for:

— small domestic banking groups and stand-alone credit institutions,

— medium-sized domestic banking groups and stand-alone credit institutions,

— large domestic banking groups and stand-alone credit institutions,

— foreign (non-European Union) controlled subsidiaries,

— foreign (non-European Union) controlled branches,

— foreign (European Union) controlled subsidiaries,

— foreign (European Union) controlled branches,

— foreign (euro area) controlled subsidiaries,

— foreign (euro area) controlled branches,

— SSM significant banks,

— SSM less significant banks.

SSM significant banks and SSM less significant banks are credit institutions established in participating Member States and any branches established in participating Member States by a credit institution established in a non-participating Member State. The distinction between significant and less significant supervised entities is set out in Article 6(4) of Council Regulation (EU) No 1024/2013 ( 4 ) and Part IV of Regulation (EU) No 468/2014 of the European Central Bank (ECB/2014/17) ( 5 ).

For the purposes of this Article, banks shall be classified as large banking groups or stand-alone credit institutions if their assets are greater than 0,5 % of the total consolidated assets of European Union banks; as medium-sized banks if their assets are between 0,5 % and 0,005 % of such total consolidated assets; and as small banks if their assets are below 0,005 % of such total consolidated assets.

2. Reporting frequency and deadline

NCBs shall report consolidated banking data four times a year.

A full dataset shall be reported for end-of-year data. A first submission of these annual data, to be carried out by mid-April of the year following the year to which the data relate, shall comprise the items flagged with an * in Part 9 (consolidated banking data (CBD) annual) of Annex II. However, the full annual dataset may be reported by mid-April if data are already available. Otherwise, the full annual dataset shall be reported by mid-May of the year following the year to which the data relate.

The end-March, end-June and end-September data shall be reported in early July, October and January respectively using the quarterly template and shall contain a subset of data from the comprehensive annual template. This data series shall be reported in accordance with Part 9 (consolidated banking data (CBD) quarterly) of Annex II.

3. Revision policy

NCBs shall revise reported data in accordance with the following general principles:

(a) during all regular annual and quarterly data transmissions, in addition to the data on the current period, any ordinary or exceptional and significant revisions to the previous period's data shall also be transmitted;

(b) where significant revisions are made, explanatory notes shall be provided to the ECB.

4. Explanatory notes

NCBs shall report to the ECB any deviation from the definitions and the rules in paragraphs 1, 2 and 3 to allow the assessment of national practices. NCBs shall submit explanatory notes explaining the reasons for such deviations.

▼M3 —————

▼B

Article 14

Data for IMF purposes

1. Scope of reporting

Without prejudice to NCBs’ statutory obligations vis-à-vis the IMF, NCBs may transmit supplementary MFI balance sheet items statistics to the IMF via the ECB in accordance with the following technical arrangements.

2. Reporting frequency and deadline

MFI balance sheet items in accordance with Part 10 of Annex II shall be transmitted by the NCBs to the ECB within the framework of the monthly regular transmission of BSI data. The frequency and timeliness of the data transmissions shall coincide with those of the regular BSI data reporting to the ECB, in accordance with Article 3(2).

Article 15

Statistics on OFIs (excluding FVCs)

1. Scope of reporting

(a) General

NCBs shall report statistical information on OFIs (excluding FVCs) in accordance with Part 11 of Annex II. Data shall be transmitted separately for the following sub-categories of OFIs: (i) SDDs; (ii) FCLs; and (iii) other OFIs.

Data relating to OFIs shall be transmitted on the basis of data currently available at national level. Where actual data are unavailable or cannot be processed, national estimates shall be provided. Where the underlying economic phenomenon exists but is not monitored statistically and therefore national estimates cannot be provided, NCBs may choose either not to report the time series or to report it as missing. Any unreported time series shall therefore be interpreted as ‘data that exist but are not collected’ and the ECB may make assumptions and estimates for the purpose of compiling euro area aggregates. The reference reporting population shall comprise all types of OFIs (except FVCs) resident in the euro area Member States: institutions located in the territory, including subsidiaries of parent companies located outside that territory; and resident branches of institutions that have their head office outside that territory.

The following key indicators and supplementary information shall be provided:

— key indicators to be transmitted for the compilation of euro area aggregates: all euro area Member States shall transmit these detailed data when actual data are available. When no actual data are available for the required breakdowns or for the agreed frequency, timeliness or time range, estimates shall be provided if feasible,

— supplementary information to be transmitted as ‘memo items’: these data shall be transmitted by countries for which this information is currently available.

(b) Flow adjustments

Flow adjustment data may be reported in the case of significant breaks in stocks or when reclassifications and other adjustments occur. In particular, flow adjustment data may be provided, on a best efforts basis, due to reclassifications in the context of the implementation of the ESA 2010 framework.

Reclassification adjustments shall be reported in accordance with Article 3(1)(b).

2. Reporting frequency and deadline

The reporting frequency to the ECB shall be quarterly. OFI statistics shall be transmitted to the ECB at the latest on the last calendar day of the third month following the end of the reference period, or on the preceding NCB working day if the last calendar day of the month is not an NCB working day. The exact transmission dates shall be communicated to NCBs in advance in the form of a reporting calendar provided by the ECB by September of each year.

3. Revision policy

NCBs may need to revise data transmitted during the previous quarter. In addition, revisions to data on earlier quarters may also occur.

The following general principles shall apply:

(a) when making regular quarterly data transmissions, in addition to the data on the latest quarter, only ‘ordinary’ revisions, i.e. revisions to the data transmitted the previous quarter, may be sent;

(b) exceptional revisions shall be limited and reported on a different date from the regular reporting date. Minor routine historical revisions to the data shall only be sent on an annual basis, together with the transmission of data for the fourth quarter;

(c) exceptional revisions that significantly improve the quality of the data may be sent during the year outside the regular production cycles.

4. Valuation methods and/or accounting rules

Accounting rules followed by OFIs in drawing up their accounts shall comply with the national transposition of Directive 86/635/EEC and any other applicable international standards. Without prejudice to the prevailing accounting practices in Member States, all assets and all liabilities shall be reported on a gross basis for statistical purposes. The valuation methods are indicated under the relevant categories.

5. Explanatory notes

NCBs shall provide explanatory notes to the ECB in accordance with Section 3 of Part 11 of Annex II. NCBs shall provide explanatory notes for significant revisions.

Article 16

Securities issues statistics

1. Scope of reporting

NCBs shall report statistical information covering all securities issues by euro area residents in any currency, both domestic and international, in accordance with Part 12 of Annex II.

2. Reporting frequency and deadline

The reporting frequency to the ECB shall be monthly. Securities issues statistics shall be transmitted to the ECB no later than five weeks after the end of the month to which the data relate. The ECB shall communicate the exact transmission dates to the NCBs in advance in the form of a reporting calendar.

3. Explanatory notes

NCBs shall provide explanatory notes to the ECB as provided for in Section 3 of Part 12 of Annex II.

Article 17

MFI interest rate statistics

1. Scope of reporting

For the purposes of MFI interest rate (MIR) statistics, NCBs shall report aggregated national monthly statistics relating to outstanding amounts and new business as specified in Appendices 1 and 2 of Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34). In addition, NCBs shall report aggregated national monthly statistical information relating to new business as specified in Part 13 of Annex II.

2. Reporting frequency and deadline

This statistical information shall be reported in accordance with the yearly calendar laid down by the ECB and communicated to the NCBs by the end of September each year.

3. Derogations

NCBs may grant derogations in respect of the reporting of both interest rates applied to and business volumes of collateralised/guaranteed loans to non-financial corporations, indicators 62 to 85 included in Tables 3 and 4 of Appendix 2 of Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34). These may be granted if the national aggregate business volume of the corresponding item (indicators 37 to 54) covering all loans represents less than 10 % of the national aggregate business volume of the sum of all loans in the same size category and less than 2 % of the business volume for the same size and same initial period of interest-rate fixation category at euro area level. If derogations are granted, these thresholds shall be checked on an annual basis.

4. Selection of the reporting population and grossing-up

Where the actual MIR reporting coverage is less than 100 % due to the use of sampling, NCBs shall select and maintain the sample and gross up the new business volumes data supplied to ensure 100 % coverage, as specified in Part 14 of Annex II. If a derogation provided for in Article 4 of Regulation (EU) No 1072/2013 (ECB/2013/34) or in paragraph 3 of this article is granted, data reported on a quarterly basis shall be carried forward into the monthly missing periods by applying appropriate statistical estimation techniques to take into account trends in the data and seasonal patterns.

5. Revision policy

NCBs may need to revise the previous reference month’s values. Revisions arising from, for example, mistakes, reclassifications, improved reporting procedures, etc., applied to data prior to the previous reference month may also occur.

They shall apply the following general principles:

(a) where NCBs revise the data for the period prior to the previous reference month they shall submit explanatory notes to the ECB;

(b) NCBs shall also provide explanatory notes for significant revisions;

(c) in transmitting revised data, NCBs shall take account of the established timeliness of regular reporting of MIR statistics. Exceptional revisions shall be reported outside the monthly production periods.

▼M3

Article 17a

Individual MFI balance sheet item and interest rate statistics

1. Scope of reporting

NCBs shall report individual BSI and MIR statistics which they collect in accordance with Regulations (EU) No 1071/2013 (ECB/2013/33) and (EU) No 1072/2013 (ECB/2013/34) for selected individual euro area credit institutions in accordance with Tables 1, 2 and 3 of Part 15a of Annex II. The composition of the panel of euro area credit institutions covered in the reporting shall be decided by the Governing Council and notified to the reporting NCBs. The panel shall also include groups of homogeneous credit institutions (e.g. credit cooperatives or savings banks) for which data will be transmitted on an aggregated basis. The ECB may share this data across the Eurosystem in accordance with Regulation (EC) No 2533/98.

The Governing Council, based on advice by the Statistics Committee on the statistical and administrative impact of the reporting, shall decide on any amendments to the exchange of data, including changes to the composition of the panel. Such decisions shall be notified to the reporting NCBs.

The panel's membership may also be subject to less significant amendments related to the following events:

(a) euro area enlargements, in order to include credit institutions resident in new euro area Member States;

(b) changes in the MFI population due, for example, to institutions leaving the sector, mergers and acquisitions and other corporate reorganisations; and

(c) changes in the actual reporting population of BSI and MIR statistics due to the derogations or sampling regimes applied by NCBs.

The Governing Council hereby delegates the power to decide on such less significant amendments to the panel's composition to the Executive Board. The Executive Board may sub-delegate such power to one of its members. The decision on such less significant amendments shall be based on advice from the ECB Directorate-General Statistics in liaison with the relevant NCBs. The Governing Council shall be kept informed of such changes on a regular basis.

NCBs shall ensure that information regarding the panel is correctly recorded in the Register of Institutions and Affiliates Database (RIAD) in accordance with Annex V. NCBs shall make the necessary amendments to the information recorded in RIAD when the panel's membership is affected.

The reporting scheme for individual BSI shall cover end-month and end-quarter outstanding amounts (stocks) and, for selected indicators, additional series covering information on breaks in outstanding amounts not arising from transactions (hereinafter referred to as ‘ancillary series’). In the case of loans, additional information on the net flows of loans securitised or otherwise transferred shall be reported. As regards individual MIR statistics, the transmission shall cover monthly interest rates on outstanding amounts and new business with the corresponding new business volumes. The requirements relate to euro-denominated deposits and loans vis-à-vis households and non-financial corporations resident in the euro area. For more details on the reporting requirements, see Part 15a of Annex II.

For the reporting of data relating to groups of credit institutions, the following provisions shall apply:

(a) balance sheet indicators on outstanding amounts and ancillary series are calculated as the sum of the individual positions of the members of the group;

(b) interest rates are calculated as weighted averages, whereas the group volume is calculated as the sum of the individual volumes. If the NCB collects the group data on an institution-by-institution basis, the interest rate averages will only cover the institutions which are included in the national MIR sample and are not subject to derogations; the same approach applies to the group volumes.

All items are mandatory, although special provisions apply to the reporting of ancillary series, as described in Part 15a of Annex II.

2. Reporting frequency and deadline

NCBs shall report this statistical information in accordance with the yearly calendar laid down by the ECB and communicated to the NCBs by the end of September each year.

3. Revision policy

When submitting revisions in the context of individual BSI and MIR statistics, NCBs shall adopt the same approach they follow for the purposes of the transmission of aggregated data, as is laid down in Articles 3(3) and 17(5) of this Guideline.

4. Checks monitoring the internal consistency of the data

Before transmitting data to the ECB, NCBs shall verify the internal consistency of the data in accordance with the checks defined and maintained by the ECB.

5. Reporting of information on national specificities and special data developments

NCBs shall report all information which is necessary to facilitate the validation of the reported data and to support its analysis. In particular, NCBs shall provide information regarding:

(a) specificities of the credit institutions included in the national panel relating to: (i) derogations, sampling and use of group reporting, (ii) business model, e.g. use of short selling, and (iii) balance sheet structure, e.g. the relevance of positions under remaining assets or liabilities;

(b) the reporting practices relating to ancillary series for individual BSI;

(c) mergers and acquisitions or other corporate reorganisations and large one-off operations affecting credit institutions in the panel.

NCBs shall report the information preferably at the time of the data transmission and in any case before the closing of data production. The ECB shall handle the information provided having due regard to the confidentiality regime applicable.

▼B

Article 18

Payment statistics

1. Scope of reporting

NCBs shall report to the ECB information on payment statistics in accordance with Annex III to Regulation (EU) No 1409/2013 (ECB/2013/43) and Part 16 of Annex II to this Guideline. This shall comprise, inter alia, the following:

(a) data on the number of institutions, payment accounts, payment cards, terminals, participants in payment systems and selected balance sheet items shall be reported for all items in Tables 1, 2, 3 and 6 in Annex III of the Regulation and Tables 1, 2 and 5 in Part 16 of Annex II. Such data on stocks shall refer to end-period figures, except for the item in Table 1 of Part 16 of Annex II which shall refer to the ‘average for the last reserve maintenance period’;

(b) data on payment transactions by instrument, terminal and/or system, included in Tables 4, 5, and 7 in Annex III of the Regulation and Tables 3, 4, 6 and 7 in Part 16 of Annex II shall be reported as gross flows, i.e. totals, for the period.

2. Reporting frequency and deadline

The series shall be reported on an annual basis to the ECB, by the end of May of each year with reference to the previous calendar year. Indicators in Regulation (EU) No 1409/2013 (ECB/2013/43) shall be reported on an annual basis. The additional data requested in Part 16 of Annex II may be reported on a monthly, quarterly or annual basis, in accordance with the specification in the relevant table.

For the tables in this Guideline, and in the absence of actual data, NCBs shall either request relevant additional information from reporting agents or shall use estimates or provisional data. The methodology for those estimates shall be defined by each NCB, depending on country specificities. Where relevant, NCBs shall provide explanatory notes to clarify the approach used.

3. Revision policy

NCBs shall apply the following general principles when revising the reported data:

(a) during all regular annual data transmissions, in addition to the latest period, ordinary revisions to the previous year’s data and exceptional revisions shall be sent as necessary;

(b) exceptional revisions, which significantly improve the quality of the data, may be transmitted during the year, following approval by the ECB.

4. Explanatory notes

NCBs shall provide explanatory notes to the ECB, explaining deviations from the reporting requirements and structural breaks in detail, including the impact on the data.

Article 19

Statistics on IF assets and liabilities

1. Scope of reporting

(a) General

NCBs shall report statistical information on IF assets and liabilities in accordance with Part 17 of Annex II for each of the following sub-sectors, which are classified by nature of investment: equity funds, bond funds, mixed funds, real estate funds, hedge funds, and other funds. Each of these sub-sectors shall be further broken down into open-end funds and closed-end funds, i.e. by type of IF. For the purpose of IFs broken down by nature of investment, investment funds mainly investing in investment funds’ shares or units (i.e. funds of funds) shall be classified under the category of funds in which they primarily invest.

These requirements shall cover end-month and end-quarter stocks, monthly and quarterly flow adjustments as well as monthly information on new issuance/sale and redemptions of investment fund shares/units.

All end-month stocks and monthly flow adjustments shall also be reported for the sub-sector exchange-traded funds (ETFs), as an ‘of-which’ position of ‘total funds’.

To the extent that data are available, including on a best estimate basis, end-quarter stocks and quarterly flow adjustments shall also be reported for the sub-sector private equity funds (including venture capital funds) as an ‘of which’ position of ‘total funds’.

(b) Flow adjustments

NCBs shall report to the ECB separate data on revaluation adjustments due to price and exchange rate changes and reclassification adjustments, as set out in Part 17 of Annex II and in accordance with Annex IV.

Financial transactions, and thus adjustments, shall be derived in accordance with the ESA 2010, and such derivation shall be referred to as the ‘ESA 2010 method’. NCBs may deviate from the ESA 2010 due to divergent national practices in accordance with Regulation (EU) No 1073/2013 (ECB/2013/38). Where security-by-security (s-b-s) stock information is available, revaluation adjustments may be derived in accordance with a common Eurosystem method, i.e. the flow-derivation method referred to in Part 4 of Annex IV.

If the data on bearer shares reported by IFs, MFIs and/or OFIs in accordance with Annex I to Regulation (EU) No 1073/2013 (ECB/2013/38) are incomplete or not yet available, NCBs shall provide data on bearer shares on a best estimate basis by reference to the geographical and sectoral breakdown in Table 1 of Part 17 of Annex II.

(d) Split of the counterpart sector ‘insurance corporations and pension funds’ into two counterpart sectors: ‘insurance corporations’ and ‘pension funds’

To the extent that data are available, including on a best estimate basis, and not deemed insignificant, NCBs shall report separate information on the counterpart sectors insurance corporations and pension funds on a quarterly basis, in accordance with Table 1 of Part 17 of Annex II.

(e) ETFs broken down into synthetic and physical ETFs

End-month stocks and monthly flow adjustments shall be required for ETFs broken down into synthetic and physical ETFs as soon as a suitable definition for this breakdown is available from the European Securities and Markets Authority (ESMA). The ECB shall check regularly for such a definition and, when appropriate, issue the required reporting schemes.

2. Reporting frequency and deadline

NCBs shall report to the ECB the monthly and quarterly IF data by close of business on the 28th working day following the end of the month/quarter to which the data relate.

3. Revision policy

The following general rules shall apply to the revisions of monthly and quarterly data:

(a) the revisions shall be undertaken so that the monthly and quarterly data are consistent with each other;

(b) during the regular production periods, i.e. from the 28th working day following the end of the reference month/quarter to the day the data are disseminated back to the NCBs, NCBs may revise the data referring to the previous reference quarter, to the two months preceding it, and to the months following the previous reference quarter;

(c) outside the regular production periods, NCBs may also revise data referring to reference periods prior to the two months preceding the previous reference quarter, inter alia, in the case of mistakes, reclassifications or improved reporting procedures.

4. Derogations and grossing-up

To ensure the quality of the euro area IF statistics, where NCBs grant derogations to the smallest IFs in accordance with Article 8(1) of Regulation (EU) No 1073/2013 (ECB/2013/38) they shall gross up to 100 % coverage for these IFs in the compilation of the monthly and quarterly IF data reported to the ECB.

NCBs may choose the procedure for grossing up to 100 % coverage, provided it fulfils the following minimum standards:

(a) for missing breakdowns data, estimates shall be derived by applying ratios based on the corresponding investment fund sub-sector, e.g. if an open-end bond fund falls within the tail and only data on investment fund shares/units issued are collected, the missing breakdowns shall be derived by applying the structure of the open-end bond funds category;

(b) no investment fund sub-sector, e.g. open-end real-estate funds, closed-end real estate funds, etc., is completely excluded.

In accordance with Article 8(2) of Regulation (EU) No 1073/2013 (ECB/2013/38), derogations may be granted to IFs that due to national accounting rules value their assets at a frequency lower than quarterly. Notwithstanding such derogations, the monthly and quarterly IF data reported by NCBs to the ECB shall always include data relating to these IFs.

5. Derivation of aggregated data

NCBs shall derive the aggregated data on quarterly assets and liabilities of the IF sub-sectors in line with Table 1 of Part 17 of Annex II as follows.

(a) For securities with publicly available identification codes, the NCBs shall map the information provided on an s-b-s basis to the information derived from the Centralised Securities Database (CSDB) as a main reference database. The mapped s-b-s information shall be used to compile the value of assets and liabilities in euro and to derive the necessary breakdowns for each individual security of the IF. If the security identifiers are not found in the CSDB, or the information necessary to compile the assets and liabilities in line with Table 1 of Part 17 of Annex II is not available from the CSDB, the NCBs shall estimate the missing data. NCBs may also collect s-b-s information on securities without publicly available identification codes by using NCB internal security identifiers.

(b) NCBs shall aggregate the data on securities derived under (a) and add them to the information reported for securities without publicly available identification codes to produce aggregates for: (i) debt securities broken down by maturity, currency and counterparty; (ii) equity and investment fund shares, broken down by instrument and counterparty; and (iii) total IF shares/units issued.

(c) NCBs shall derive the required statistical information on the IF assets and liabilities by adding the data on securities derived under (b) and the assets and liabilities other than securities collected from resident individual IFs.

(d) NCBs shall aggregate the assets and liabilities of all IFs resident in a Member State and belonging to the same sub-sector.

The above shall also apply when NCBs collect data on IF assets and liabilities on a monthly basis in accordance with Article 5(2) of Regulation (EU) No 1073/2013 (ECB/2013/38).

6. Estimation of monthly data

In accordance with Article 5(1)(b) of Regulation (EU) No 1073/2013 (ECB/2013/38), NCBs shall collect data on IF shares/units issued on a monthly basis. For reference months that are not end-quarter months, NCBs shall estimate the monthly data on IF assets and liabilities other than investment fund shares/units issued based on the collected monthly and quarterly data unless data are collected on a monthly basis as set out in Article 5(2) of Regulation (EU) No 1073/2013 (ECB/2013/38).

Where possible, NCBs shall make estimates at individual fund level. Alternatively, an NCB may make estimates by IF sub-sector or may request the ECB to make the estimates. In the latter case the ECB may request additional information such as fund-by-fund or s-b-s data.

7. Valuation methods and/or accounting rules

The valuation and/or accounting rules in Regulation (EU) No 1073/2013 (ECB/2013/38) shall also apply when the NCBs report IF data to the ECB. However, for items subject to accrued interest the following rules shall apply:

(a) ‘debt securities’ include accrued interest;

(b) ‘deposit and loan claims’ and ‘deposits and loans received’ exclude accrued interest which is recorded under remaining assets/liabilities.

8. Explanatory notes

NCBs shall submit explanatory notes explaining the reasons for significant revisions. In addition, the NCBs shall provide the ECB with explanatory notes concerning reclassification adjustments. NCBs shall also provide explanatory notes concerning the revisions mentioned in Article 19(3)(c).

9. Group reporting

In accordance with Article 4(3) of Regulation (EU) No 1073/2013 (ECB/2013/38), NCBs may allow IFs to report their assets and liabilities as a group, provided that this leads to results that are similar to fund-by-fund reporting. IFs which report as a group shall belong to the same sub-sector; for example, closed-end real estate funds or open-end real estate funds.

Article 20

Statistics on the assets and liabilities of FVCs

1. Scope of reporting

NCBs shall compile and report separate aggregated statistical information on FVCs’ assets and liabilities in accordance with Part 18 of Annex II. Data shall be submitted for the following four sub-categories: (a) FVCs engaged in traditional securitisation; (b) FVCs engaged in synthetic securitisation; (c) FVCs engaged in insurance-linked securitisation; and (d) other FVCs.

These requirements shall cover data on outstanding amounts, financial transactions and write-offs/write-downs provided on a quarterly basis.

NCBs may submit to the ECB the required data on write-offs/write-downs on a best efforts basis.

2. Reporting frequency and deadline

NCBs shall report to the ECB the data on FVCs’ outstanding amounts, financial transactions and write-offs/write-downs on a quarterly basis by close of business on the 28th working day following the end of the quarter to which the data relate.

3. Revision policy

The following general rules shall apply to the revision of quarterly data:

(a) during the regular production periods, i.e. from the 28th working day following the end of the reference quarter to the day preceding the day the data are disseminated back to the NCBs, NCBs may revise the data referring to the previous reference quarter;

(b) outside the regular production periods, NCBs may also revise data referring to reference periods prior to the previous reference quarter, inter alia, in the case of errors, reclassifications or improved reporting procedures;

(c) revisions to data reported under Regulation (EU) No 1071/2013 (ECB/2013/33) on loans originated and serviced by euro area MFIs shall be included, where relevant, in the FVC statistics in accordance with paragraphs (a) and (b).

4. Compilation approaches

In order to meet the statistical reporting requirements from which FVCs are exempt under Article 5(1)(c) of Regulation (EU) No 1075/2013 (ECB/2013/40) the NCBs, after consulting the ECB, shall decide on the most appropriate way to compile data on FVCs’ assets and liabilities, depending on the organisation of the relevant markets and the availability of other relevant statistical, public or supervisory information.

5. Data sources and data quality standards

If NCBs derive data on FVCs’ assets and liabilities from other statistical data sources, from public sources such as pre-sale reports or investor reports, or from supervisory data sources, the data quality standards described below shall apply.

Data which are identified as anchor series in Part 18 of Annex II to this Guideline shall be subject to high quality standards, comparable to those for data directly reported by FVCs in accordance with Annex I to Regulation (EU) No 1075/2013 (ECB/2013/40). Data which are identified as non-anchor series in Part 18 of Annex II to this Guideline may be estimated in accordance with less stringent quality standards, e.g. using interpolations and extrapolations when data are collected from public or supervisory sources at a frequency lower than quarterly and with a timeliness longer than the 28th working day following the reference period.

If data are not directly reported by FVCs in accordance with Article 5(1)(c) of Regulation (EU) No 1075/2013 (ECB/2013/40), the quality of the data shall be monitored by the NCBs on the basis of the information available from the annual financial statements. The outcome of the quality checks shall be provided by the NCBs to the ECB by the end of September each year or at the earliest point in time thereafter, in accordance with the applicable national legal practices in the FVC’s Member State of residence. If the cross-checks between the data derived on a quarterly basis and the annual financial statements show that high quality standards are not met, the NCBs shall take the necessary measures to ensure that the data meet the required quality standards, including the possible direct collection of data under Regulation (EU) No 1075/2013 (ECB/2013/40).

If NCBs derive data on FVCs’ assets and liabilities from supervisory data sources, they shall ensure that these sources are sufficiently aligned with the statistical concepts and definitions under the FVC reporting requirements. The same shall apply to data derived from other statistical data sources.

If the CSDB or another securities database is used as a data source for data on the issuance of FVC debt securities, the NCBs shall monitor the coverage and quality of the data on an annual basis. The outcome of the quality checks shall be provided by the NCBs to the ECB by the end of February each year by taking as a reference the end-December data of the preceding year. If the coverage and quality indicators show that high quality standards are not met, the NCBs shall take the necessary measures to meet the required quality standards, including the possible direct collection of data under Regulation (EU) No 1075/2013 (ECB/2013/40).

6. Loans originated and serviced by euro area MFIs and exchange of cross-border information

Each NCB shall exchange data on securitised loans that are originated and serviced by domestic MFIs for FVCs resident in other euro area Member States by aggregating the serviced loans separately for each Member State in which FVCs are resident, in accordance with Article 6 of Regulation (EU) No 1071/2013 (ECB/2013/33) and Table 3 of Part 18 of Annex II to this Guideline.

The ECB shall provide, in line with the applicable legal acts protecting confidential data, the technical gateway for the exchange of cross-border information. NCBs shall transmit this information to the ECB by the 23rd working day following the end of the quarter to which the data relate. The ECB shall redistribute the data to the NCBs concerned on the 24th working day following the end of the quarter to which the data relate.

NCBs that are involved in the exchange of data for existing securitisations shall clarify any outstanding queries and coordination issues on a bilateral basis and, if required, exchange relevant information. If there are new securitisations, the relevant NCBs may request the ECB to act as coordinator.

Fulfilment of the above obligations enables NCBs, in accordance with Article 5(1)(a) of Regulation (EU) No 1075/2013 (ECB/2013/40), to compile the part of the FVC data relating to the outstanding amounts and financial transactions of securitised loans that are originated by euro area MFIs and where the MFIs continue to service the securitised loans from data collected from MFIs in accordance with Article 6 of Regulation (EU) No 1071/2013 (ECB/2013/33) instead of directly collecting these data from FVCs.

7. Derogations and grossing-up

If NCBs compile data on FVCs’ assets and liabilities directly from the FVCs and, where relevant, based on data reported by MFIs under Regulation (EU) No 1071/2013 (ECB/2013/33) and grant derogations to FVCs under Article 5(1)(b) of Regulation (EU) No 1075/2013 (ECB/2013/40), the NCBs shall gross up to 100 % coverage for all FVCs when compiling the data on FVCs’ quarterly assets and liabilities reported to the ECB for outstanding amounts, financial transactions and write-offs/write-downs.

If NCBs compile data on assets and liabilities of FVCs from other statistical, public and/or supervisory sources they may base their compilation on a sample of FVCs as long as these FVCs account for at least 95 % of the total outstanding amount of assets of the FVC reference reporting population in the relevant Member State as represented in the list of FVCs. NCBs shall gross up to 100 % coverage when compiling the quarterly data on FVCs’ assets and liabilities reported to the ECB for outstanding amounts, financial transactions and write-offs/write-downs.

8. Explanatory notes

NCBs shall submit explanatory notes to the ECB setting out the reasons for significant revisions as well as for any revisions made pursuant to Article 20(3)(b).

Article 21

Statistics on MFI loans to non-financial corporations by branch of activity

1. Scope of reporting

NCBs shall report to the ECB, where available, data on MFI loans to domestic non-financial corporations, and MFI loans to other euro area Member States’ non-financial corporations broken down by branch of activity following the statistical classification of economic activities in the Union (NACE Rev. 2), in accordance with Part 19 of Annex II.

2. Reporting frequency and deadline

NCBs shall report the data to the ECB quarterly by close of business on the 28th working day following the end of the quarter to which the data relate.

3. Revision policy

NCBs shall report revisions in accordance with the following principles:

(a) in addition to each regular data transmission, revisions to the previous reference periods shall be sent where required;

(b) exceptional revisions which significantly improve the quality of the data may be sent as soon as they are available.

4. Explanatory notes

The NCBs shall report to the ECB any significant changes in the national definitions and classifications used and shall submit explanatory notes explaining the reasons for significant revisions, where applicable. In addition, the NCBs shall provide information on major reclassifications in the MFI sector and, if available, major reclassifications of non-financial corporations in the NACE Rev. 2 breakdowns transmitted.

Article 22

Statistics on MFI credit lines

1. Scope of reporting

NCBs shall compile and report aggregated statistical information on MFI credit lines granted to domestic residents and MFI credit lines granted to other euro area non-domestic residents, broken down by institutional sector, in accordance with Part 20 of Annex II.

MFI credit lines shall have the same meaning as ‘undrawn credit facilities’, classified as ‘medium risk’, ‘medium/low risk’ and ‘low risk’, as laid down in Regulation (EU) No 575/2013. NCBs shall apply this definition on a best efforts basis and whenever a different national definition for credit lines applies may report using the national definition, but shall aim to harmonise the compilation of MFI credit lines data in order to enhance cross-country comparability in the longer term.

NCBs shall calculate sectoral breakdowns and transmit them to the ECB. If these sectoral breakdowns are not collected at national level, NCBs may either request such additional information from reporting agents or, alternatively, they may estimate the sectoral breakdowns using information available at national level from other sources.

NCBs shall submit to the ECB data on statistical reclassifications on a best efforts basis.

2. Reporting frequency and deadline

NCBs shall report the data to the ECB quarterly. The quarterly outstanding amounts and reclassification adjustments data shall be transmitted to the ECB by close of business on the 28th working day following the end of the quarter to which they relate.

3. Revision policy

NCBs shall report revisions in accordance with the following principles:

(a) in addition to each regular data transmission, revisions to the previous reference quarter shall be sent where required;

(b) exceptional revisions which significantly improve the quality of the data may be sent as soon as they are available.

4. Explanatory notes

NCBs shall submit explanatory notes to the ECB setting out the reasons for significant revisions.

Article 23

Statistics on the assets and liabilities of CCPs

1. Scope of reporting

NCBs shall compile and report separate aggregated statistical information on the assets and liabilities of CCPs in accordance with Part 21 of Annex II.

For the purpose of this statistical reporting, CCPs are those entities identified as central counterparties by ESMA and that are ‘other financial intermediaries, except insurance corporations and pension funds’ (S.125) or ‘financial auxiliaries’ (S.126) as specified in the classification of institutional sectors laid down in Chapter 23 of ESA 2010.

CCPs identified by ESMA that are classified within the ESA 2010 ‘monetary financial institutions (MFIs)’ institutional sector shall not form part of this statistical reporting.

2. Minimum threshold for mandatory reporting

NCBs shall report the data to the ECB on a mandatory basis by reference to the following thresholds:

(a) for cells related to repurchase agreements, identified with the letter ‘R’ in Part 21 of Annex II, mandatory reporting applies if the balance sheet outstanding amount of any of these cells exceeds EUR 10 billion, with the exception of those cells referring to positions vis-à-vis MFIs.

If the threshold is met by one or more cells denominated as ‘R’, all cells denominated as ‘R’ shall be reported, irrespective of their actual balance sheet value;

(b) for cells not related to repurchase agreements, identified with the letters ‘NR’ in Part 21 of Annex II, mandatory reporting applies either if it is required under (a) or if the balance sheet outstanding amount of any of these cells exceeds EUR 10 billion.

If the threshold is met by one or more cells denominated as ‘NR’, all cells denominated as ‘NR’ shall be reported, irrespective of their actual balance sheet value.

If neither of the thresholds (a) or (b) are met, NCBs shall submit data to the ECB on CCPs’ balance sheets on a voluntary basis. If NCBs choose not to report on a voluntary basis, they shall monitor whether these thresholds are not met at least on an annual basis.

3. Reporting frequency and deadline

4. Revision policy

NCBs shall report revisions in accordance with the following principles:

(a) in addition to each regular data transmission, revisions to the previous reference quarter shall be sent where required;

(b) exceptional revisions which significantly improve the quality of the data may be sent as soon as they are available.

5. Explanatory notes

NCBs shall submit explanatory notes to the ECB setting out the reasons for significant revisions.

Article 24

Recording of reference data on institutional units relevant for statistical purposes

1. Unique place of storage of reference data

NCBs shall communicate and maintain all reference data describing institutional units or legal units, where applicable, that are required for statistical purposes via the ‘Register of Institutions and Affiliates Database’ (RIAD), the central repository that holds attributes on individual organisational units as well as various types of relationships between them which, inter alia, permit the derivation of group structures by reference to different definitions.

RIAD enables the processing of information on an individual attribute provided by more than one source. If applicable, NCBs thus have to agree on the specific method to be applied in RIAD to derive the ‘authoritative’ version of reference data from multiple national ‘candidate’ data sources.

The specific data provision requirements for individual sets of (financial) corporations are described in Article 25 and Annex V.

2. Management of identifiers in RIAD

All organisational units recorded in RIAD can hold multiple identifiers. NCBs shall be responsible for assigning and managing the main identifier, called ‘RIAD code’, thereby ensuring unambiguous data exchange between RIAD and any other (local) sending/receiving systems.

RIAD may also assign to individual entities any national or supranational codes (‘aliases’), which should preferably follow available standards.

3. Corporate actions

In order to manage an entity’s reference data, NCBs shall first create such data in RIAD. Subsequently NCBs shall manage all demographic changes, such as start of activities, update of individual attributes and even the closure of the entity, by reporting new attribute values and/or adapting the validity range of values. (Actual deletions are only anticipated in the exceptional case of erroneous inclusion of an entity.)

NCBs need to describe mergers (or inversely splits) of units with a complete set of accompanying corporate actions, such as closure, modification and/or creation of one or more units.

Changes in the ESA sector, e.g. the reallocation of one entity from the MFI to the IF list, are to be reported via the update of the value and validity range in the ‘ESA sector’ attribute.

4. Transmission standards

Prior to the transmission of updates to the ECB, NCBs shall carry out validation checks matching the relevant data exchange specifications. When input procedures are used, NCBs shall maintain an adequate set of controls to minimise operational errors and ensure the accuracy and consistency of the updates reported via RIAD.

In the event of failure of RIAD, NCBs shall transmit updates by e-mail to the following address: RIAD-Support@ecb.europa.eu

NCBs may use their national character set, provided they use the Roman alphabet. They shall use Unicode (UTF-8) to correctly display all special character sets when receiving information from the ECB via RIAD.

5. Acquisition and error acknowledgements

On receipt of the updates, the ECB shall immediately carry out checks to validate the formal accuracy and internal consistency of the information provided.

The ECB shall immediately send back to the NCBs: (a) an acquisition acknowledgement containing summary information on the updates which have been processed and implemented successfully in the relevant dataset; and/or (b) an error acknowledgement containing detailed information on the updates and validation checks which have failed.

On receipt of an error acknowledgement, NCBs shall take action to transmit corrected information. If correct information depends on updates recently sent by other NCBs and is not available on the ECB’s website, NCBs shall contact the ECB with specific details of the information required.

6. Confidentiality

NCBs shall declare the confidentiality status of each attribute describing an organisational unit by selecting one of three pre-defined values: ‘F’ meaning free, i.e. not confidential; ‘N’ meaning data attribute may be released only for the use of the ESCB and associated institutions for which a memorandum of understanding is in place, i.e. not for external release; or ‘C’ for confidential statistical information.

Article 25

Lists of financial institutions maintained for statistical purposes

1. Types of lists to be maintained and published

In order to enable the establishment and maintenance of the list of MFIs for statistical purposes, referred to in Article 4 of Regulation (EU) No 1071/2013 (ECB/2013/33), the variables specified in Parts 1 and 2 of Annex V need to be collected in RIAD at the intervals prescribed. NCBs shall report any updates of these variables without delay, in particular when an institution joins the MFI sector, i.e. in the event of establishment of an MFI as the result of a merger, establishment of new legal entities as the result of the division of an existing MFI, establishment of a new MFI, or change in the status of a previous non-MFI such that it becomes an MFI, or when an existing MFI leaves the MFI sector, i.e. in the event of the involvement of an MFI in a merger, purchase of an MFI by another institution, division of an MFI into separate legal entities, change in the status of an MFI such that it becomes a non-MFI, or liquidation of an MFI.

The continuously updated reference data in RIAD allows the maintenance of the official MFI list based on institutional sector classification, activity status and other features of an institution. In this context special attention may be given to cases where an institution on the MFI list is restricted in its financial intermediation activities, e.g. in the acceptance of deposits or granting of loans, in particular prior to its liquidation and/or removal from the MFI sector. In order to allow close monitoring of the consistency with national classifications of MFIs the ECB may periodically request further information from the relevant NCB.

To enable the establishment and maintenance of the list of IFs for statistical purposes referred to in Article 3 of Regulation (EU) No 1073/2013 (ECB/2013/38), the variables specified in Parts 1 and 2 of Annex V need to be collected in RIAD at the intervals prescribed. NCBs shall report any updates of these variables, in particular when an institution joins the IF population or when an existing IF leaves the IF population.

To enable the establishment and maintenance of the list of FVCs for statistical purposes referred to in Article 3 of Regulation (EU) No 1075/2013 (ECB/2013/40), the variables specified in Parts 1 and 2 of Annex V need to be collected in RIAD at the intervals prescribed. NCBs shall report any updates of these variables, in particular when an institution joins or leaves the FVC population.

To enable the establishment and maintenance of the list of payment statistics relevant institutions (PSRIs) for statistical purposes referred to in Article 5 of Regulation (EU) No 1409/2013 (ECB/2013/43), the variables specified in Part 1 of Annex V need to be collected in RIAD at the intervals prescribed. NCBs shall report any updates of these variables, in particular when an institution joins or leaves the PSRI population.

▼M2

To enable the establishment and maintenance of the list of ICs for statistical purposes referred to in Article 3 of Regulation (EU) No 1374/2014 of the European Central Bank (ECB/2014/50) ( 6 ), the variables specified in Parts 1 and 2 of Annex V need to be collected in RIAD at the intervals prescribed. NCBs shall report any updates of these variables, in particular when an institution joins or leaves the IC population. NCBs shall transmit complete reference data as specified in Parts 1 and 2 of Annex V on resident parent insurance undertakings and subsidiaries, on all resident branches irrespective of where their parent undertakings are located, as well as on branches of resident parent insurance undertakings and subsidiaries which are resident outside the economic territory of the Union. This set of information shall be complemented by complete reference data as specified in Parts 1 and 2 of Annex V on branches of resident parent insurance undertakings and subsidiaries which are resident in non-reporting, non-participating Member States. This reporting may be based on wider data collection covering all branches of resident parent insurance undertakings and subsidiaries, irrespective of their country of residence.

▼B

2. Reporting frequency and deadline

NCBs shall transmit to the ECB, where possible, updates of the variables specified for MFIs as soon as changes in the MFI sector or in the attributes of existing MFIs occur. If this is not possible, NCBs shall provide a written explanation of the delay between the occurrence of the event and its reporting to the ECB.

NCBs shall transmit to the ECB updates of the variables specified for IFs at least on a quarterly basis, with a timeliness of two months following the reference date. However, the net asset value variable shall be updated for all investment funds on an annual basis, with a lag of a maximum of two months following the reference date of end-December.

NCBs shall transmit to the ECB updates of the variables specified for FVCs at least on a quarterly basis, within 14 working days following the reference date.

NCBs shall transmit to the ECB updates of the variables specified for PSRIs as at year-end, with a timeliness of three months following the reference date.

▼M2

In the first submission of the list of ICs, NCBs shall transmit to the ECB complete quarterly reference data as specified in Part 1 of Annex V on resident parent insurance undertakings and subsidiaries not later than 31 March 2016. However, NCBs are encouraged to transmit this information by 31 December 2015. NCBs shall transmit to the ECB complete reference data as specified in Parts 1 and 2 of Annex V on all resident branches irrespective of where their parent undertakings are located, as well as on branches of resident parent insurance undertakings and subsidiaries which are resident outside the economic territory of the Union and in non-reporting, non-participating Member States not later than 31 July 2016. Attributes required on an annual basis shall be reported for all institutions by 31 July 2016.

In the subsequent transmissions, NCBs shall transmit to the ECB updates of the quarterly variables specified for ICs on at least a quarterly basis, within two months following the reference date. The annual variables shall be updated for all ICs on an annual basis, with a maximum lag of six months following the reference date of 31 December.

▼B

3. Dissemination and publication

By 18.00 CET every ECB working day, the ECB shall make a copy of the MFI dataset available on its website. At the same time as it releases the list of MFIs on its website, the ECB shall send it to the NCBs via RIAD. At the same time the ECB shall publish a list of changes implemented in the population of MFIs and disseminate it every ECB working day to all NCBs. This dissemination shall contain the full details of each of the following changes reported by NCBs: (a) new MFIs and (b) deleted MFIs.

By 18.00 CET on the last ECB working day of each calendar month, the ECB shall take a copy of the MFI dataset and combine it with the variable ‘reserve’ from the Monetary Policy Eligible Counterparties dataset of the same date indicating whether credit institutions resident in the euro area are subject to minimum reserves or not. The ECB shall then make this list of MFIs and institutions subject to minimum reserves available on its website.

By 18.00 CET on the fourth working day following the deadline for transmitting updates the ECB shall take a copy of the IF dataset and make it available to the NCBs. The ECB shall then make the list of IFs available on its website.

By 18.00 CET on the second working day following the deadline for transmitting updates the ECB shall take a copy of the FVC dataset, and make it available to the NCBs. The ECB shall then make the list of FVCs available on its website.

By 18.00 CET on the last ECB working day of each calendar month, the ECB shall take a copy of all institutions recorded in RIAD and make it available to the NCBs.

The ECB shall not publish data marked as ‘confidential’ or ‘not for publication’. Likewise the ECB shall not transmit values to NCBs if marked as ‘confidential’. In respect of quantitative measures marked as ‘confidential’ or ‘not for publication’, the ECB may, however, publish or distribute a range of size classes.

▼M2

By 18.00 CET on the fourth working day following the deadline for transmitting updates, the ECB shall take a copy of the IC dataset and make it available to the NCBs. The ECB shall then make the list of ICs available on its website.

▼B

Article 26

PF statistics

1. Scope of reporting

(a) General

NCBs shall report to the ECB statistical information on PFs in accordance with Part 22 of Annex II. Data relating to PFs shall be transmitted on the basis of data currently available at national level. Where actual data are unavailable, estimates shall be provided on a best efforts basis.

The reporting population shall comprise PFs as defined in the ESA 2010 (in paragraphs 2.105 and 2.106) and includes all PFs which are resident in the euro area Member States.

(b) Outstanding amounts and financial transactions

NCBs shall report outstanding amounts at the end of the reference period and financial transactions during the quarter, which shall be derived in accordance with the ESA 2010.

▼M2

2. Reporting frequency and deadline

The reporting frequency to the ECB shall be quarterly. PF statistics described in paragraph 1(a) shall be reported to the ECB within a period not exceeding 80 calendar days from the end of the reference quarter. The exact transmission dates shall be communicated to NCBs in advance in the form of a reporting calendar provided by the ECB by September of each year.

▼B

3. Revision policy

NCBs may need to revise data transmitted during the previous quarter. In addition, revisions to data on earlier quarters may also be made.

The following general principles shall apply:

(a) on the occasion of all regular quarterly data transmissions, in addition to the data on the latest quarter, only ‘ordinary’ revisions, i.e. revisions to the data transmitted the previous quarter, may be sent;

(b) exceptional revisions shall be limited and reported on a different date from the regular reporting. Minor routine historical revisions to the data shall only be sent on an annual basis, together with the transmission of data for the fourth quarter;

(c) exceptional revisions that significantly improve the quality of the data may be sent during the year outside the regular production cycles.

4. Valuation methods and/or accounting rules

Without prejudice to the prevailing accounting practices in Member States, all assets and liabilities shall be reported on a gross basis for statistical purposes. The valuation methods shall be in line with the ESA 2010. In principle, assets and liabilities must be valued using current market prices on the date to which the balance sheet relates. Deposit liabilities and loans shall be reported at their principal amount outstanding at the end of the quarter.

5. Explanatory notes

NCBs shall provide explanatory notes to the ECB including data sources, data collection systems, compilation procedure, legal framework, deviations from the ECB’s reporting instructions, and reporting population. NCBs shall provide explanatory notes for significant revisions and, especially, for breaks in historical series.

▼M2

Article 26a

Statistics on ICs

1. Scope of reporting

(a) General

NCBs shall report statistical information on IC assets and liabilities as well as information on premiums, claims and commissions in accordance with Part 23 of Annex II. Information will be provided for each of the following types of IC: life insurance, non-life insurance, composite and reinsurance. These requirements shall cover end-quarter stocks and quarterly flow adjustments on IC assets and liabilities, as well as annual information on premiums, claims and commissions.

Supplementary information shall be transmitted as memorandum items by countries for which this information is available, including on a best estimate basis, in accordance with Part 23 of Annex II.

(b) Flow adjustments

NCBs shall report to the ECB separate data on revaluation adjustments (covering both price and exchange-rate changes) and reclassification adjustments, as set out in Part 23 of Annex II and in accordance with Annex IV.

Financial transactions, including adjustments, shall be derived in accordance with the ESA 2010.

NCBs may deviate from the ESA 2010 due to divergent national practices in accordance with Regulation (EU) No 1374/2014 (ECB/2014/50). Where asset-by-asset (a-b-a) stock information is available, revaluation adjustments may be derived in accordance with a common Eurosystem method, i.e. the flow-derivation method referred to in Part 6 of Annex IV.

Approximations of financial transactions on liabilities may be derived in line with Part 6 of Annex IV.

2. Reporting frequency and deadline

NCBs shall report to the ECB quarterly IC data by close of business on the 10th working day following the deadline specified for quarterly data in Article 8 of Regulation (EU) No 1374/2014 (ECB/2014/50). For a transitional period covering the reporting of the first three quarters of 2016, this deadline is extended to the 30th working day following the abovementioned deadline for reference period Q1 of 2016, to the 25th working day following the abovementioned deadline for reference period Q2 of 2016 and to the 20th working day following the abovementioned deadline for reference period Q3 of 2016.

NCBs shall report to the ECB annual IC data by close of business on the 10th working day following the deadline specified for annual data in Article 8 of Regulation (EU) No 1374/2014 (ECB/2014/50).

The exact transmission dates shall be communicated to NCBs in advance in the form of a reporting calendar provided by the ECB by September of each year.

In the first reporting of the quarterly IC data to the ECB, NCBs shall be required to submit data on outstanding amounts. Flow adjustments shall be transmitted on a best efforts basis.

3. Revision policy

The following general rules shall apply to revisions of quarterly and annual data:

(a) during the regular quarterly production periods, i.e. for a given reference period, from the deadline specified in paragraph 2 to the day the data are disseminated back to the NCBs, NCBs may revise the data covering the previous reference quarter;

(b) during the regular annual production periods, i.e. for a given reference year, from the deadline specified in paragraph 2 to the day the data are disseminated back to the NCBs, NCBs may revise the data covering the previous reference year;

4. Derogations and grossing-up

To ensure the quality of the euro area IC statistics, where NCBs grant derogations to the smallest ICs in accordance with Article 7(1)(a) of Regulation (EU) No 1374/2014 (ECB/2014/50), they shall gross up the quarterly IC data reported to the ECB to 100 % coverage.

NCBs may choose the procedure for grossing-up to 100 % coverage based on the data collected in accordance with Article 7(1)(b) and 7(1)(c) of Regulation (EU) No 1374/2014 (ECB/2014/50) provided that estimates are based on the corresponding type of IC (i.e. life, non-life, reinsurance, composite).

NCBs shall also ensure that, for the reference quarters of 2016, the data reported to the ECB represent 100 % of the reporting population. NCBs who intend to grant derogations to the smallest ICs under Article 7(1)(a) of Regulation (EU) No 1374/2014 (ECB/2014/50), shall collect all necessary information to ensure that data transmitted to the ECB is of high quality. NCBs who derive the required data from data collected for supervisory purposes under Directive 2009/138/EC of the European Parliament and of the Council ( 7 ) may, for this purpose: (i) extend the data collected for the opening day as of reference date 1 January 2016 (see paragraph 5); (ii) increase the coverage of the reporting population of the first reference quarter(s); or (iii) use alternative data sources from which grossed-up data of equally high quality can be derived.

5. One-off reporting for reference period Q4 2015

NCBs shall transmit to the ECB end-2015 stock data, which may include approximations if needed, for the main aggregates as set out in Part 23 of Annex II. NCBs may, for this purpose, use the data referring to 1 January 2016 collected for supervisory purposes under Directive 2009/138/EC. These data shall be transmitted to the ECB together with the data for Q1 of 2016.

6. Derivation of aggregated data for securities

NCBs shall derive the aggregated quarterly data on assets and liabilities for each type of IC in accordance with Tables 2a and 2b of Part 23 of Annex II as follows:

(a) For securities with ISIN codes, the NCBs shall map the information provided on a security-by-security (s-b-s) basis to the information derived from the Centralised Securities Database (CSDB) as the reference database. The mapped s-b-s information shall be used to compile the value of assets and liabilities in euro and to derive the necessary breakdowns for each individual security held or issued by the IC. If the security identifiers are not found in the CSDB, or the information necessary to compile the assets and liabilities in accordance with Tables 2a and 2b of Part 23 of Annex II is not available from the CSDB, the NCBs shall estimate the missing data.

(b) NCBs shall aggregate the data on securities derived under paragraph (a) and add them to the information reported for securities without ISIN codes to produce aggregates for: (i) debt securities broken down by maturity (original and remaining) and counterparty (sector and residency); (ii) equity broken down by instrument and counterparty (sector and residency); and (iii) investment fund shares/units broken down by type of investment fund and residency of counterparty.

7. Breakdown of holdings of IF shares/units by main investment objective

NCBs shall transmit to the ECB best estimates on the IC holdings of IF shares/units broken down by main investment objective (i.e. bond funds, equity funds, mixed funds, real estate funds, hedge funds and other funds). These data may be derived by mapping the information provided on an s-b-s basis in accordance with Regulation (EU) No 1374/2014 (ECB/2014/50) to the information derived from the CSDB as the reference database.

If the IF shares/units held are not found in the CSDB, the NCBs shall estimate the missing data or use alternative sources to derive the data.

As a transitional measure, NCBs may transmit these data to the ECB for the first time when transmitting data for Q2 2016, covering also the data for Q1 2016.

8. Estimation of quarterly data for non-life insurance technical reserves

In accordance with Article 4(1)(c) of Regulation (EU) No 1374/2014 (ECB/2014/50), NCBs shall collect data on non-life insurance technical reserves broken down by line of business and geographical area on an annual basis. NCBs shall transmit quarterly data to the ECB which may be estimated based on the data collected annually.

9. Valuation methods and/or accounting rules

The valuation and/or accounting rules in Regulation (EU) No 1374/2014 (ECB/2014/50) shall also apply when the NCBs report IC data to the ECB.

10. Explanatory notes

NCBs shall submit explanatory notes explaining the reasons for significant revisions and revisions provided outside regular production periods in line with Article 26a(3)(c). In addition, the NCBs shall provide the ECB with explanatory notes concerning reclassification adjustments.

11. Compilation approach

NCBs may collect data from all insurance corporations resident in the country (‘host approach’), in accordance with Article 2(1) of Regulation (EU) No 1374/2014 (ECB/2014/50) or they may derive the data required for ESCB purposes from data collected for supervisory purposes under Directive 2009/138/EC, in accordance with Article 2(2) of Regulation (EU) No 1374/2014 (ECB/2014/50) (‘home approach’).

In principle, data transmitted to the ECB in accordance with this Guideline shall represent the host approach. However, NCBs who derive the data required for ESCB purposes from the supervisory data collection may transmit the data following the home approach as long as the difference between the host approach and home approach data is not deemed significant.

The issue of whether or not the difference between the host and the home approach is significant shall be assessed on the basis of data on premiums reported in accordance with Table 3 of Part 23 of Annex II to this Guideline. Following this assessment, the ECB, in close cooperation with NCBs, will define the approach to be followed regarding the transmission of host approach data to the ECB. Until this approach is defined, NCBs are exempted from adjusting their data.

NCBs who wish to adjust their data may, on a voluntary and best efforts basis, derive host approach data from data collected in accordance with the home approach. For this purpose, bilateral contacts and exchanges of data may take place between the NCBs concerned.

▼B

Article 27

Verification

Without prejudice to the ECB’s verification rights under Regulation (EC) No 2533/98 and Regulation (EU) No 1071/2013 (ECB/2013/33), the NCBs shall monitor and ensure the quality and reliability of statistical information made available to the ECB.

Article 28

Transmission standards

The NCBs shall use the ESCB-Net provided by the ESCB for the electronic transmission of the statistical information required by the ECB. The statistical message format developed for this electronic exchange of statistical information shall be the standard format agreed by the Statistics Committee. This requirement shall not prevent the use of any other means of transmitting statistical information as a fall-back solution with the ECB’s prior consent.

Article 29

Simplified amendment procedure

Taking account of the views of the Statistics Committee (STC), the ECB’s Executive Board shall be entitled to make any technical amendments to this Guideline’s annexes provided that such amendments neither change the underlying conceptual framework nor affect the reporting burden on reporting agents in Member States. The Executive Board shall inform the Governing Council of any such amendment without undue delay.

Article 30

Publication

NCBs shall not publish national contributions to the monthly euro area monetary aggregates and their counterparts until the ECB has published these aggregates. Where NCBs publish such data, they shall be the same as data that contributed to the last published euro area aggregates. Where NCBs reproduce euro area aggregates published by the ECB, they shall reproduce them faithfully.

Article 31

Repeal

Guideline ECB/2007/9 is hereby repealed.

Article 32

Taking effect and implementation

This Guideline shall take effect on the day of its notification to the NCBs of the euro area Member States. The NCBs of the euro area Member States shall comply with Articles 11, 12, 13 and 16 from the date of notification, with Article 26 from 1 January 2016, and with the remaining provisions of the Guideline from 1 January 2015.

By 31 December 2018 the Executive Board shall submit to the Governing Council a report, taking account of the views of the STC in liaison with other relevant Committees, concerning (a) the need for and the possible timeline for integrating the reporting requirements in the area of payment statistics referred to in Article 18 with the reporting requirements set out in Regulation (EU) No 1409/2013 (ECB/2013/43) on payment statistics, and (b) the possible impact on the reporting requirements in the area of pension funds statistics referred to in Article 26 of any new developments concerning the collection of insurance statistics by the ESCB.

Article 33

Addressees

This Guideline is addressed to the NCBs of the euro area Member States.

ANNEX I

Monitoring the consistency between accounting and statistical data in respect of the NCB/ECB balance sheets

PART 1

Description of the monthly consistency checks

	Chk No	Statistical item NCB/ECB balance sheet	Relationship		Accounting item
Liabilities	1	Currency in circulation	>=	The statistical category should slightly exceed the accounting category, as only the statistical category includes coins issued by the central government	Banknotes in circulation
	2	Deposits of euro area residents	>=<	The statistical category should be larger than the sum of the accounting items. This is due to the fact that intra-Eurosystem positions are included within the statistical category at an aggregated level, whereas they are excluded from the accounting items (1). However, the relationship may be different as the accounting items include the intra-Eurosystem positions representing the counterpart to the euro banknote adjustments which are recorded under ‘remaining assets/liabilities’ for statistical purposes, and as balances in foreign currency are revalued at a different frequency (quarterly as regards the accounting data, monthly as regards the statistical data)	Liabilities to euro area credit institutions in euro + other liabilities to euro area credit institutions in euro + liabilities to other euro area residents in euro + liabilities to euro area residents in foreign currency
	3	Deposits of euro area residents, of which monetary financial institutions (MFIs)	>=<	This check should reflect the impact of the inclusion of intra-Eurosystem balances on a gross basis within the statistical category and of their exclusion from the accounting categories (1). In principle, the statistical data should be larger than the accounting data, partly because they include liabilities to financial counterparties in foreign currency. However, the different classification of the counterpart to the euro banknotes adjustments may reverse this relationship	Liabilities to euro area credit institutions in euro + other liabilities to euro area credit institutions in euro
	4	Deposits of euro area residents, of which central government + other general government/other euro area residents	=<	The sum of the statistical categories should be smaller than the sum of the accounting categories due to the inclusion of liabilities to credit institutions in foreign currency only in the accounting data	Liabilities to other euro area residents in euro + liabilities to euro area residents in foreign currency
	5	Debt securities issued	=	The statistical category should equal the accounting category	Debt certificates issued
	6	Capital and reserves	>=	The statistical category may differ slightly from the accounting one because of the revaluation effect, which takes place on a quarterly basis in some central banks. Moreover, a difference arises as the accounting balance sheet item ‘profits not yet allocated’ and some of the item ‘provisions account’ are recorded as a sub-set of the residual item in the accounting data, but are part of ‘capital and reserves’ in the statistical data	Capital and reserves + revaluation accounts
	7	External liabilities	≈	The statistical category should be approximately the same as the sum of the accounting items. The two values can only differ due to different valuation periodicity	Liabilities to non-euro area residents in euro + liabilities to non-euro area residents in foreign currency + counterpart of special drawing rights allocated by the International Monetary Fund
	8	Remaining liabilities	≈	Any difference between the statistical category and the accounting category might be explained by the differences identified elsewhere in the balance sheet	Other liabilities
Assets	9	Loans to euro area residents	>=	See Checks Nos 10 and 11	Lending to euro area credit institutions in euro + other claims on euro area credit institutions in euro + general government debt in euro
	10	Loans to euro area residents, of which MFIs	>=	The statistical category should be larger than the sum of the accounting items. Differences are mainly due to intra-Eurosystem positions being reported gross in the statistical data, but netted out from the accounting report (see also liabilities) (1). Moreover, accounting data do not include balances in foreign currency	Lending to euro area credit institutions in euro + other claims on euro area credit institutions in euro
	11	Loans to euro area residents, of which general government	>=	The statistical category is an all-currency concept and may be larger than the accounting category, which refers to loans denominated only in euro	General government debt in euro
	12	Holdings of debt securities issued by euro area residents	>=	The statistical category should be larger than the accounting category because it includes holdings of securities denominated in foreign currency and some other securities holdings, which are classified under ‘other assets’ (for staff pension funds, investment of own capital, etc.) in accounting data	Securities of euro area residents in euro
	13	Loans to euro area residents, of which other euro area residents + holdings of shares/other equity issued by euro area residents + fixed assets + remaining assets	≈	See Check No 8	Other assets + claims on euro area residents in foreign currency
	14	External assets	>=	The statistical category should be slightly larger than the sum of the accounting categories because it includes some shares and other equity and cash (banknotes) in foreign currencies, which are excluded from the accounting category. The two values can also differ due to different valuation periodicity	Gold and gold receivables + claims on non-euro area residents in foreign currency + claims on non-euro area residents in euro
(1) However, from a national perspective, this effect should not be present, since both sets of data are reported on a gross basis while only accounting data are consolidated by the ECB (and intra-Eurosystem positions are netted out) for the purpose of the weekly financial statement.

PART 2

Template for the consistency checks

The consistency checks must be performed and transmitted to the ECB in accordance with Article 4. A consistency check is deemed as failed where the difference between the statistical value and the accounting value is greater than EUR 2 billion (in absolute value). In such cases, NCBs must provide explanations of the reasons underlying the failure.

Name of the central bank: …

Consistency checks for the end-month: …

Items	Statistical value (1)	Accounting value (1)	Difference (1)	Check result (2)	Explanation (3)
1 — Currency in circulation
2 — Deposits of euro area residents
3 — Deposits of euro area residents, of which MFIs
4 — Deposits of euro area residents, of which non-MFIs
5 — Debt securities issued
6 — Capital and reserves
7 — External liabilities
8 — Remaining liabilities
9 — Loans to euro area residents
10 — Loans to euro area residents, of which MFIs
11 — Loans to euro area residents, of which general government
12 — Holdings of debt securities issued by euro area residents
13 — Residual assets
14 — External assets
(1) Values must be reported in EUR million. (2) Enter ‘OK’ if the linear relationship of the consistency check is satisfied, or ‘Failed’ if the consistency check fails. (3) For every failed consistency check, please classify the failure by selecting from the four following categories: (a) discrepancies due to one-off revision; (b) discrepancies due to regular revision; (c) discrepancies due to different presentation or classification rules; and (d) any other discrepancies, including reporting errors. Detailed explanations must also be provided.

ANNEX II

REPORTING SCHEMES

PART 1

Balance sheet item statistics on monetary financial institutions

All statistical returns must contain the data specified in the relevant tables of Regulation (EU) No 1071/2013 (ECB/2013/33) or of this Guideline, irrespective of the actual existence of the underlying phenomenon, and even when they are zero or missing. ‘NC’ must be used to indicate that the phenomenon does not exist. However, if data are not available for the memorandum items, national central banks (NCBs) may decide not to provide them.

For monthly series required under Regulation (EU) No 1071/2013 (ECB/2013/33) that were reported with a quarterly frequency for the periods prior to January 2003 under Regulation (EC) No 2819/98 (ECB/1998/16) ( 8 ), historical revisions referring to periods prior to January 2003 must be reported on the initiative of the European Central Bank (ECB) or the relevant national central bank (NCB) following a bilateral agreement.

As regards balance sheet data for other monetary financial institutions (MFIs), NCBs are expected to report to the ECB data on outstanding amounts in accordance with Tables 1 to 4 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33), and flow adjustments in accordance with Tables 1 and 2 below. NCBs and the ECB must also report data on their own balance sheets in accordance with the same requirements, with the exception of the items relating to money market fund (MMF) shares/units issued. In addition, NCBs and the ECB must also report data on their own holdings of gold and gold receivables (only monetary gold) and receivables from the International Monetary Fund (IMF) (e.g. drawing rights and special drawing rights (SDR)), and on their liabilities to the IMF in relation to SDRs.

As regards the requirements concerning loan securitisations and other loan transfers, NCBs are expected to report to the ECB data in accordance with Tables 5a and 5b of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33), and flow adjustments data in accordance with Tables 3a and 3b below. Additional items on loans securitisation and other loan transfers should be reported in Table 4, in so far as these data are not required under Tables 5a and 5b of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33).

Table 1.

Items for which monthly flow adjustments are required ()

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

D. Total

Total

MFIs

Non-MFIs

Total

MFIs

Non-MFIs

Total

Banks

Non-Banks

of which: central bank (S1.121)

of which: Deposit-taking corporations except the central bank (S1.122)

of which: credit institutions subject to RRs, ECB and NCBs

General government (S.13)

Other resident sectors

of which: central bank (S1.121)

of which: deposit-taking corporations except the central bank (S1.122)

of which: credit institutions subject to RRs, ECB and NCBs

General government (S.13)

Other resident sectors

of which: credit institutions

Central government (S.1311)

Other general government

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

of which: credit institutions

Central Government (S.1311)

Other general government

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

of which: CCP (1)

of which: FVCs

of which: CCP (1)

of which: FVCs

LIABILITIES

8 Currency in circulation

9 Deposits

up to 1 year

over 1 year

of which: intra-group positions

of which: transferable deposits

of which: up to 2 years

of which: syndicated loans

9e Euro

9.1e Overnight

of which: transferable deposits

9.2e With agreed maturity

up to 1 year

over 1 and up to 2 years

over 2 years

9.3e Redeemable at notice

up to 3 months

over 3 months

of which: over 2 years

9.4e Repos

9x Foreign currencies

9.1x Overnight

9.2x With agreed maturity

up to 1 year

over 1 and up to 2 years

over 2 years

9.3x Redeemable at notice

up to 3 months

over 3 months

of which: over 2 years

9.4x Repos

10 MMFs shares/units (3)

11 Debt securities issued

11e Euro

up to 1 year

over 1 and up to 2 years

of which: up to 2 years and nominal capital guarantee below 100%

over 2 years

11x Foreign currencies

up to 1 year

over 1 and up to 2 years

of which: up to 2 years and nominal capital guarantee below 100%

over 2 years

12 Capital and reserves

13 Remaining liabilities

Counterpart of SDRs (4)

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

D. Total

MFIs

Non-MFIs

MFIs

Non-MFIs

of which central bank (S.121)

of which deposit-taking corporations except the central bank (S.122)

General government (S.13)

Other resident sectors

of which: central bank (S.121)

of which: deposit-taking corporations except the central bank (S.122)

General government (S.13)

Other resident sectors

Total

(e)

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

(f)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

(p)

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

(f)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

of which: CCP (1)

of which: FVCs

Total

Credit for consumption

Lending for house purchase

Other lending

of which: CCP (1)

of which: FVCs

Total

Credit for consumption

Lending for house purchase

Other lending

of which: SP/P (2)

ASSETS

1 Cash

1e of which: euro

2 Loans

up to 1 year

over 1 year and up to 5 years

over 5 years

of which: intra-group positions

of which: syndicated loans

of which: reverse repos

2e of which: euro

of which: revolving loans and overdrafts

of which: convenience credit card credit

of which: extended credit card credit

3 Debt securities held

3e Euro

up to 1 year

over 1 and up to 2 years

over 2 years

3x Foreign currencies

up to 1 year

over 1 and up to 2 years

over 2 years

4 Equity

5 Investment fund shares/units

MMF shares/units

Non-MMF investment fund shares/units

6 Non-financial assets (including fixed assets)

7 Remaining assets

Gold & gold receivables (only monetary gold) (4)

Receivables from IMF - drawing rights, SDR, other (4)

(*1) Reclassification adjustments are to be transmitted to the ECB for all cells; revaluation adjustments only for cells marked with a #.

(1) Central counterparties.

(2) Sole proprietorships/partnerships without legal status.

(3) Item does not apply to the NCB balance sheet.

(4) Item only relevant for the NCB balance sheet.

Table 2.

Items for which quarterly flow adjustments are required (1)

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

D. Total

MFIs

Non MFIs

MFIs

Non MFIs

Total

General government (S.13)

Other resident sectors

Total

General government (S.13)

Other resident sectors

Banks

Non-banks

Total

Central government (S.1311)

Other general government

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

Central government (S.1311)

Other general government

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

General government

Other resident sectors

Total

State government (S.1312)

Local government (S.1313)

Social security funds (S.1314)

Credit for consumption

Lending for house purchase

Other lending

Total

State government (S.1312)

Local government (S.1313)

Social security funds (S.1314)

Credit for consumption

Lending for house purchase

Other lending

Real estate collateral

Total

Real estate collateral

Total

Real estate collateral

LIABILITIES

8 Currency in circulation

9 Deposits

9.1. Overnight

9.2. With agreed maturity

9.3. Redeemable at notice

9.4. Repos

10. MMFs shares/units

11. Debt securities issued

12. Capital and reserves

13. Remaining liabilities

of which: financial derivatives

of which: accrued interest on deposits

ASSETS

1. Cash

2. Loans

upto 1 year

over 1 and up to 5 years

over 5 years

2e Euro

3. Debt securities held

up to 1 year

over 1 year

4. Equity

5. Investment fund shares/units

MMFs shares/units

Non-MMF investment fund shares/units

6. Non-financial assets (including fixed assets)

7. Remaining assets

of which: financial derivatives

of which: accrued interest on loans

(*1) Reclassification adjustments are to be transmitted to the ECB for all cells; revaluation adjustments only for cells marked with a #.

Table 3a.

Securitisations and other loan transfers: items for which monthly flow adjustments are required (1)

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

MFIs

General government (S.13)

Other resident sectors

MFIs

General government (S.13)

Other resident sectors

Total

Other gen.gov't (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

Other gen. gov't (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

1. Outstanding amounts of securitised loans not derecognised

1.1 Total

1.1.1 of which securitised through a euro area FVC

2. Loans securitised and derecognised for which the MFI acts as servicer (2)

2.1 Outstanding amounts

(*1) Adjustments for write-offs/write-downs only apply in respect of Part 2; reclassification adjustments apply throughout.

(*2) NCBs may extend the coverage of this item to loans otherwise transferred and derecognised from the MFI balance sheet for which the MFI acts as servicer, in accordance with the practice applied in Table 5 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33).

Table 3b.

Securitisations and other loan transfers: items for which quarterly flow adjustments are required (1)

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

MFIs

General government (S.13)

Other resident sectors

MFIs

General government (S.13)

Other resident sectors

Total

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Credit for consumption

Lending for house purchase

Other lending

Credit for consumption

Lending for house purchase

Other lending

SP/P (2)

1. Securitised loans, write-downs practised at the time of the loan transfer

1.1 counterparty in the transfer

is an FVC

up to 1 year

over 1 and up to 5 years

over 5 years

1.1.1. of which counterparty in the transfer is a euro area FVC

up to 1 year

over 1 and up to 5 years

over 5 years

2. Loans securitised and derecognised for which the MFI acts as servicer (1)

2.1 Outstanding amounts

Loan purpose

up to 1 year

over 1 and up to 5 years

over 5 years

3. Outstanding amounts of loans serviced in a securitisation

3.1 Loans serviced: all FVCs

up to 1 year

over 1 and up to 5 years

over 5 years

3.1.1 Loans serviced: of which euro area FVCs

up to 1 year

over 1 and up to 5 years

over 5 years

(*1) Reclassification adjustments only apply in respect of Parts 2 and 3; adjustments for write-offs/write-downs apply throughout.

(1) NCBs may extend the coverage of this item to loans otherwise transferred and derecognised from the MFI balance sheet for which the MFI acts as servicer, in accordance with the practice applied in Table 5 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33).

(2) Sole proprietorships/partnerships without legal status.

Table 4.

Securitisations and other loan transfers: loans derecognised from the MFI balance sheet

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

MFIs

Non-MFIs

MFIs

Non-MFIs

General government (S.13)

Other resident sectors

General government (S.13)

Other resident sectors

Total

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Credit for consumption

Lending for house purchase

Other lending

Credit for consumption

Lending for house purchase

Other lending

SP/P (2)

3. Loans derecognised by MFIs (1)

3.1 Outstanding amounts

Loan purpose

up to 1 year

over 1 and up to 5 years

over 5 years

3.2 Financial transactions, excluding the

impact of loan transfers

Loan purpose

up to 1 year

over 1 and up to 5 years

over 5 years

(1) NCBs report available data on loans derecognised by MFIs which are not included in the reported data of Table 5 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33).

(2) Sole proprietorships/partnerships without legal status.

M	Monthly data requirements.
Q	Quarterly data requirements.

PART 2

Statistics on electronic money

Table 1.

Monthly statistical reporting requirements on electronic money issued by MFIs not granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33)

BALANCE SHEET ITEMS	A. Domestic	B. Euro area other than domestic	C. Rest of the world	D. Total
LIABILITIES
9 Deposits (all currencies)
9e Deposits (euro)
9.1e Overnight
of which: electronic money
9.1.1e Hardware-based electronic money
9.1.2e Software-based electronic money
9x Deposits (foreign currencies)
9.1x Overnight
of which: electronic money
9.1.1x Hardware-based electronic money
9.1.2x Software-based electronic money

Table 2.

Annual statistical reporting requirements on electronic money issued by all electronic money institutions that are not credit institutions or by small MFIs granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33)

BALANCE SHEET ITEMS	A. Domestic	B. Euro area other than domestic	C. Rest of the world	D. Total
TOTAL ASSETS/TOTAL LIABILITIES
Total assets/liabilities (all currencies)
of which: electronic money institutions
of which: MFIs other than credit institutions
of which: MFIs granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33)
of which: non-MFIs issuing electronic money
LIABILITIES
9 Deposits (all currencies)
9.1 Overnight
of which: electronic money
of which: issued by MFIs other than credit institutions
of which: issued by MFIs granted a derogation under Article 9(1) of Regulation (EU) No 1071/2013 (ECB/2013/33)
of which: issued by non-MFIs issuing electronic money

PART 3

Statistics on POGIs and central government

The statistical requirements on POGIs and central government cover their monetary liabilities vis-à-vis euro area resident non-monetary financial institutions and their holdings of cash and securities issued by euro area MFIs. NCBs are expected to report to the ECB data on outstanding amounts in accordance with the scheme laid down in Annex 1 to Regulation (EU) No 1074/2013 (ECB/2013/39), and flow adjustments in accordance with Table 1 below.

If the reporting sector is not applicable in the specific country (e.g. no POGI as defined in Regulation (EU) No 1074/2013 (ECB/2013/39) exists and central government positions are insignificant), NCBs may choose not to report this set of series.

Table 1.

POGIs and central government data, items for which monthly flow adjustments are required (1)

BALANCE SHEET ITEMS

Euro area

MFIs

A. Domestic

B. Euro area other than domestic

MFIs

Non-MFIs

MFIs

Non-MFIs

General government (S.13)

Other resident sectors

General government (S.13)

Other resident sectors

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Central Government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

ASSETS

1 Cash

1e of which: euro

2 Loans

up to 1 year

over 1 year and up to 5 years

over 5 years

3 Debt securities held

3e Euro

up to 1 year

over 1 and up to 2 years

3x Foreign currencies

up to 1 year

over 1 and up to 2 years

4 MMF shares/units

LIABILITIES

5 Deposits

5e Euro

5.1e Overnight

5.2e With agreed maturity

up to 1 year

over 1 and up to 2 years

5.3e Redeemable at notice

up to 3 months

5.4e Repos

5x Foreign currencies

5.1x Overnight

5.2x With agreed maturity

up to 1 year

over 1 and up to 2 years

5.3x Redeemable at notice

up to 3 months

5.4x Repos

(*1) Reclassification adjustments must be transmitted to the ECB for all cells; revaluation adjustments, if significant, only for the cells indicated with a #.

PART 4

Memorandum items

Section 1: Monthly memorandum items for the derivation and assessment of the monetary aggregates and counterparts

Table 1. (1)

ECB/NCBs’ data

	Domestic	Euro area other than domestic	Rest of the world	Total
LIABILITIES
8 Currency in circulation
of which: banknotes
— Euro banknotes				#
— National denomination banknotes				# (1)
of which: coins
— Coins denominated in euro				#
— Coins in national denominations				# (1)
11 Debt securities issued (2)
Up to 1 year
14 Remaining liabilities
of which: accruals on deposits				†
of which: transit items				†
of which: suspense items				†
of which: financial derivatives				†
of which: intra-Eurosystem liabilities related to the allocation of euro banknotes	(3)
ASSETS
7 Remaining assets
of which: accruals on loans				†
of which: transit items				†
of which: suspense items				†
of which: financial derivatives				†
of which: intra-Eurosystem claims related to the allocation of euro banknotes	(3)
(*1) Stocks are to be transmitted to the ECB for all cells; reclassification adjustments only for the cells indicated with a # Cells marked with a cross (†) indicate low priority memorandum items. (1) Banknotes and coins denominated in the former national currencies which remain outstanding after the adoption of the euro. Data should be reported for at least 12 months after the enlargement. (2) Debt securities issued by the NCB are to be reported only if the phenomenon is applicable. (3) Net positions vis-à-vis the Eurosystem originated by (a) distribution of euro banknotes issued by the ECB (8 % of total issues); and (b) application of the capital share mechanism. The individual NCB’s and ECB’s net credit or debit position must be allocated to either the asset or liability side of the balance sheet according to the sign; i.e. a positive net position vis-à-vis the Eurosystem must be reported on the asset side, a negative net position on the liability side.

Table 2. (1)

Other MFIs data

	Domestic	Euro area other than domestic	Rest of the world	Total
LIABILITIES
9 Deposits
Counterpart liability to non-derecognised loans (1)	†	†	†
11 Debt securities issued (2)
Up to 1 year	#	#	#
Euro	#	#	#
Foreign currencies	#	#	#
Over 1 and up to 2 years	#	#	#
Euro	#	#	#
Foreign currencies	#	#	#
13 Capital and reserves
of which: provisions				(3)
14 Remaining liabilities
of which: accruals on deposits				†
of which: transit items				†
of which: suspense items				†
of which: financial derivatives				†
of which: provisions				(3)
ASSETS
7 Remaining assets
of which: accruals on loans				†
of which: transit items				†
of which: suspense items				†
of which: financial derivatives				†
(*1) Stocks are to be transmitted to the ECB for all cells; reclassification and revaluation adjustments only for the cells indicated with a #. Cells marked with a cross (†) indicate low priority memorandum items. (1) These items represent the counterpart liability to loans securitised but not derecognised from the MFI balance sheet under the applicable accounting standards. (2) Subject to agreement between the ECB and the NCB, this set of information does not need to be reported by the NCBs where alternative data sources are used by the ECB. (3) These items refer to specific and general provisions against loans, securities and other types of assets (e.g. allowances for impairments and loan losses) that are allocated to ‘capital and reserves’ and/or ‘remaining liabilities’ in accordance with accounting rules. These provisions should be reflected only to the extent that they are not netted from the asset category they refer to in the statistical balance sheet.

Section 2: Monthly memorandum items to derive weighting information for MFI interest rate statistics

Other MFIs’ data (stocks)

Euro-denominated loans granted by other MFIs to indicated sub-categories of ‘other residents’
ASSETS	Non-financial corp. (S.11)	Households etc. (S.14+S.15)
ASSETS	Non-financial corp. (S.11)	Consumer credit	Housing loans	Other (residual)
A. Domestic
Loans
of which euro
Up to 1 year
Over 1 and up to 2 years
Over 2 and up to 5 years
Over 5 years
B. Other euro area Member States
Loans
of which euro
Up to 1 year
Over 1 and up to 2 years
Over 2 and up to 5 years
Over 5 years

Section 3: Quarterly memorandum items to compile monetary union financial accounts

NCBs/ECB/other MFIs’ data (1) , (2)

Domestic

Euro area other than domestic

Rest of the world

Total

MFIs

Central govern-ment

OFIs

ICs

PFs

NFCs

MFIs

Central govern-ment

OFIs

ICs

PFs

NFCs

LIABILITIES

11 Debt securities issued

of which: interest accruals

(1)

14 Remaining liabilities

of which: accruals on debt securities issued

(1)

of which: net equity of households in pension funds reserves

# (2)

of which: revaluation accounts

(3)

of which: liability to non-resident branches/offices

(3)

of which: liability adjustment accounts

of which: debit balance on income/expenditure accounts; current/previous years’ profits/losses; securities lending business; short positions in securities; depreciation

(3)

ASSETS

3 Debt securities held

of which: interest accruals

(1)

Up to 1 year

of which: euro

Over 1 year

of which: euro

5 Equity

listed shares

unlisted shares

other equity

7 Remaining assets

of which: accruals on debt securities held

(1)

of which: prepayment of insurance premiums and reserves for outstanding claims

# (4)

of which: revaluation accounts

(3)

of which: claims/capital injections into non-resident branches/offices

(3)

of which: asset adjustment accounts

of which: credit balance on income/expenditure accounts; current/previous years’ profits/losses; own shares; securities lending business

(3)

(*1) Some of the requirements in this table may not apply to the NCBs’/ECB’s balance sheets and should therefore be reported for other MFIs only. Stocks are to be transmitted to the ECB for all cells; reclassification and revaluation adjustments only for cells indicated with a #.

(*2) OFIs: OFIs in this table refer to other financial intermediaries except insurance corporations and pension funds+ financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127); ICs: insurance corporations (S.128); PFs: pension funds (S.129); NFCs: non-financial corporations (S.11).

(1) The MFI balance sheet statistics compilation framework does not specify a rule for the recording of interest accruals on debt securities issued and held. NCBs should report these accruals within the corresponding instrument category or in remaining assets/remaining liabilities in accordance with national practices.

(2) Liabilities of MFIs with households in the form of technical provisions established to provide pensions for employees. This typically refers to employee pension funds that have not been externalised to an independent institution.

(3) These cells are only applicable where the items are not reported in the relevant categories in accordance with the requirements of Regulation (EU) No 1071/2013 (ECB/2013/33) (e.g. securities lending business, short positions in securities, own shares) but within remaining assets/remaining liabilities. These additional sub-items allow the ECB to correct monetary union financial accounts data as necessary. Explanatory information should be reported to the ECB clarifying the content of these composite items, if available.

(4) The part of gross premiums paid by MFIs which is to be allocated to the following accounting period plus claims by MFIs that are not yet settled.

PART 5

Reserve base statistics

Table 1.

Balance sheet item data required to compile statistics on the reserve base

BALANCE SHEET ITEMS	World Euro area other MFIs not subject to reserve requirements, euro area non-MFIs and rest of the world	Total
LIABILITIES
9 Deposits (all currencies)
9.1 Overnight	R1
9.2 With agreed maturity — up to 2 years
9.3 Redeemable at notice — up to 2 years
9 Deposits (all currencies)
9.2 With agreed maturity — over 2 years	R2
9.3 Redeemable at notice — over 2 years	R2
9.4 Repurchase agreements	R3
11 Debt securities issued (all currencies)
Up to 2 years	R4
Over 2 years (1)		R5
(1) Debt securities issued with an agreed maturity of over two years also include the amounts of securities held by other credit institutions (CIs) subject to reserve requirements, by the ECB or by NCBs of the participating Member States.

Table 2.

Balance sheet item data required for control purposes

	A. Domestic
	Not allocated
Lump sum allowance	R6

Calculation of lump sum allowance for control purposes (R6):

Lump sum allowance: The allowance is applied to every credit institution. Each credit institution deducts a maximum lump sum designed to reduce the administrative cost of managing very small reserve requirements. Should [reserve base × reserve ratio] be less than EUR 100 000 , then the lump sum allowance equals [reserve base × reserve ratio]. Should [reserve base × reserve ratio] be greater than or equal to EUR 100 000 , then the lump sum allowance equals EUR 100 000 . Institutions allowed to report statistical data regarding their consolidated reserve base as a group (as defined in Section 1 of Part 2 of Annex III to Regulation (EU) No 1071/2013 (ECB/2013/33) hold minimum reserves through one of the institutions in the group which is acting as an intermediary exclusively for these institutions. In accordance with Article 11 of Regulation (EC) No 1745/2003 (ECB/2003/9), in the latter case only the group as a whole is entitled to deduct the lump sum allowance.

The minimum (or ‘required’) reserves are computed as follows:

Minimum (or ‘required’) reserves = reserve base × reserve ratio – lump sum allowance.

The reserve ratio applies in accordance with Regulation (EC) No 1745/2003 (ECB/2003/9).

PART 6

Macro ratio statistics

Credit institutions’ balance sheet item data to compile the macro ratio

BALANCE SHEET ITEMS	A. Domestic		B. Euro area other than domestic		C. Rest of the world	D. Total
BALANCE SHEET ITEMS	MFIs	Non-MFIs	MFIs	Non-MFIs	C. Rest of the world	D. Total
LIABILITIES
11. Debt securities issued (all currencies)
Up to 2 years						MR1
ASSETS
3. Debt securities held (all currencies)
Up to 2 years	MR2		MR3

PART 7

MMF balance sheet statistics

Tabel 1.

MMFs — Stocks

Quarterly series

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

D. Total

Total

MFIs

Non-MFIs

Total

MFIs

Non-MFIs

Total

Banks

Non-banks

Total

General government (S.13)

Other residents

Total

General government (S.13)

Other residents

General government

Other non-resident sectors

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

OFIs + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

OFIs + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

LIABILITIES

Deposits

MMFs shares/units

Capital & reserves

Remaining liabilities

ASSETS

Loans

Equity

Total currencies

up to 1 year

over 1 year

Euro

up to 1 year

over 1 and up to 2 years

over 2 years

Foreign currencies

up to 1 year

over 1 and up to 2 years

over 2 years

Equity

Investment fund shares/units

MMF shares/units

Non-MMF investment fund shares/units

Remaining assets

of which: financial derivatives

	(Monthly and quarterly) requirements addressed to MFIs by Regulation (EU) No 1071/2013 (ECB/2013/33).
	(Quarterly) requirements addressed to IFs by Regulation (EU) No 1073/2013 (ECB/2013/38), to be reported for MMFs as memo items if available at NCBs.

MMFs — Reclassifications

Quarterly series

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

D. Total

Total

MFIs

Non-MFIs

Total

MFIs

Non-MFIs

Total

Banks

Non-banks

Total

General government (S.13)

Other residents

Total

General government (S.13)

Other residents

General government

Other non-resident sectors

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

OFIs + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126 +S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

OFIs + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

LIABILITIES

Deposits

MMFs shares/units

Capital & reserves

Remaining liabilities

ASSETS

Loans

Debt securities held

Total currencies

up to 1 year

over 1 year

Euro

up to 1 year

over 1 and up to 2 years

over 2 years

Foreign currencies

up to 1 year

over 1 and up to 2 years

over 2 years

Equity

Investment fund shares/units

MMF shares/units

Non-MMF investment fund shares/units

Remaining assets

of which: financial derivatives

	(Monthly and quarterly) requirements addressed to MFIs by Regulation (EU) No 1071/2013 (ECB/2013/33).
	(Quarterly) requirements addressed to IFs by Regulation (EU) No 1073/2013 (ECB/2013/38), to be reported for MMFs as memo items if available at NCBs.

MMFs — Revaluations

Quarterly series

BALANCE SHEET ITEMS

A. Domestic

B. Euro area other than domestic

C. Rest of the world

D. Total

Total

MFIs

Non-MFIs

Total

MFIs

Non-MFIs

Total

Banks

Non-banks

Total

General government (S.13)

Other residents

Total

General government (S.13)

Other residents

General government

Other non-resident sectors

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

OFIs + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126 +S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Central government (S.1311)

Other general government (S.1312+S.1313+S.1314)

Total

Non-MMF investment funds (S.124)

OFIs + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

LIABILITIES

Deposits

MMFs shares/units

Capital & reserves

Remaining liabilities

ASSETS

Loans

Debt securities held

Total currencies

up to 1 year

over 1 year

Euro

up to 1 year

over 1 and up to 2 years

over 2 years

Foreign currencies

up to 1 year

over 1 and up to 2 years

over 2 years

Equity

Investment fund shares/units

MMF shares/units

Non-MMF investment fund shares/units

Remaining assets

of which: financial derivatives

	(Monthly and quarterly) requirements addressed to MFIs by Regulation (EU) No 1071/2013 (ECB/2013/33).
	(Quarterly) requirements addressed to IFs by Regulation (EU) No 1073/2013 (ECB/2013/38), to be reported for MMFs as memo items if available at NCBs.

Under Article 9(2) of Regulation (EU) No 1071/2013 (ECB/2013/33), NCBs may grant a derogation in respect of the reporting of revaluation adjustments to MMFs.

Nevertheless, if the amounts involved are significant, NCBs are requested to provide information on a best efforts basis.

Table 2.

MMFs — Stocks

Quarterly series

BALANCE SHEET ITEMS

All currencies

Euro

Other currencies

GBP

USD

JPY

CHF

ASSETS

Loans

Rest of the world

Debt securities held

Domestic

issued by MFIs

issued by non-MFIs

Euro area other than domestic

issued by MFIs

issued by non-MFIs

Rest of the world

(Quarterly) requirements addressed to MFIs by Regulation (EU) No 1071/2013 (ECB/2013/33).

PART 8

Structural financial indicators

1. Number of branches of credit institutions (CIs) as at the end of the reference period. This indicator must only include branches that belong to CIs. The offices of institutional units that are not themselves CIs must be excluded, even if they belong to the same group as a CI.

2. Number of employees of CIs. This indicator refers to the average number of CI employees during the reference year. Employees of financial institutions that are not themselves CIs must be excluded, even if these institutions belong to the same group.

3. Share of the five largest CIs in total assets (‘CR5’). This indicator refers to the concentration of the banking business. NCBs must adopt the following unconsolidated aggregated approach to derive it: (a) rank the balance sheet totals of all reporting CIs; (b) calculate (i) the sum of the five largest balance sheet totals; and (ii) the sum of all balance sheet totals; and (c) calculate the proportion of (i) over (ii). Data to be reported to the ECB must be expressed as percentages, e.g. a value of 72,4296 % must be reported as 72,4296 and not as 0,7243. Although the composition of the five largest banks may change over time, NCBs must only provide the share of the five largest CIs at a specific point in time (end-December of the reference year).

4. Herfindahl index (HI) for CIs’ total assets. Similar to the previous indicator, this refers to the concentration of banking business. NCBs must follow as far as possible an aggregated approach. In this case, the calculation of the HI must include the aggregated balance sheet of each CI included in the group, perhaps using the accounting information contained in these institutions’ annual financial statements. Where not all CIs are in the tail report data, data must be grossed up.

The HI is obtained by summing the squares of the market shares of all the CIs in the banking sector and must be reported to the ECB in accordance with the following formula:

, where:

total number of CIs in the country

total assets of CIi

= total assets of all CIs of the country.

5. Total investments of insurance companies ( 13 ). This indicator refers to these companies’ total financial assets, and is obtained by deducting the non-financial assets such as fixed assets from the aggregated balance sheet total. If necessary, figures should be grossed up to ensure 100 % coverage. If separate information on insurance companies is not available, this indicator may be combined with the indicator ‘total assets under management by pension funds’ to form one single indicator. NCBs must flag the series if ‘combined’ recording is adopted.

6. Total assets under management by pension funds ( 14 ). This indicator refers to the aggregated balance sheet totals of autonomous pension funds. If separate information on pension funds is not available, this indicator may be combined with the indicator ‘total investments of insurance companies’ to form one single indicator. In this case, a nil return must be provided in respect of the indicator ‘total assets under management by pension funds’.

7. Number of branches of CIs from other EU countries. This indicator refers to the number of branches in the reporting country which belong to CIs resident in other EU countries. If a CI has more than one branch in a particular country, it is counted as one. NCBs must ensure that data as from the end of 1999 are consistent with data reported in the framework of the MFI list.

8. Total assets of branches of CIs from other EU countries. This indicator refers to the aggregated balance sheet total of the branches covered by the indicator ‘number of branches of CIs from other EU countries’.

9. Number of subsidiaries of CIs from other EU countries. This indicator refers to the number of subsidiaries in the reporting country which are controlled by a CI resident in other EU countries. Only subsidiaries that are themselves CIs may be counted.

10. Total assets of subsidiaries of CIs from other EU countries. This indicator refers to the aggregated balance sheet total of the subsidiaries covered by the indicator ‘number of subsidiaries of CIs from other EU countries’.

11. Number of branches of CIs from extra EU countries. This indicator refers to the number of branches resident in the reporting country, which belong to CIs resident in countries that are not in the EU. If a bank has more than one branch in a particular country, it is counted as one. NCBs must ensure that data are consistent with data reported in the framework of the MFI list.

12. Total assets of branches of CIs from extra EU countries. This indicator refers to the aggregated balance sheet total of the branches covered by the indicator ‘number of branches of CIs from extra EU countries’.

13. Number of subsidiaries of CIs from extra EU countries. This indicator refers to the number of subsidiaries resident in the reporting country, controlled by CIs resident in countries that are not Member States.

14. Total assets of subsidiaries of CIs from extra EU countries. This indicator refers to the aggregated balance sheet total of the subsidiaries covered by the indicator ‘number of subsidiaries of CIs from extra EU countries’

15. Number of branches of CIs from other euro area Member States. This indicator refers to the number of branches resident in the reporting country, belonging to CIs resident in other euro area Member States. If a bank has more than one branch in a particular country, it is counted as one. NCBs must ensure that data are consistent with data reported in the framework of the MFI list.

16. Total assets of branches of CIs from other euro area Member States. This indicator refers to the aggregated balance sheet total of the branches covered by the indicator ‘number of branches of CIs from other euro area Member States’.

17. Number of subsidiaries of CIs from other euro area Member States. This indicator refers to the number of subsidiaries resident in the reporting country which are controlled by CIs resident in other euro area Member States.

18. Total assets of subsidiaries of CIs from other euro area Member States. This indicator refers to the aggregated balance sheet total of the subsidiaries covered by the indicator ‘number of subsidiaries of CIs from other euro area Member States’.

Table 1.

Structural financial indicators (stocks)

Structural Indicators	1. Domestic area				2. Other EU countries	3. Extra EU countries	4. Other participating Member States
	Credit institutions	Insurance corporations and pension funds			Credit institutions	Credit institutions	Credit institutions
	Credit institutions	Total	Insurance corporations	Pension funds	Credit institutions	Credit institutions	Credit institutions
Number of employees of CIs	S1
Number of branches of CIs	S2				S3	S4	S5
Number of subsidiaries of CIs					S6	S7	S8
Herfindahl index for CIs total assets	S9
Share of the 5 largest CIs in total assets (CR5)	S10
Total assets		S11	S12	S13
Total assets of branches					S14	S15	S16
Total assets of subsidiaries					S17	S18	S19

Table 2.

Structural financial indicators (flow adjustments)

Structural Indicators	1. Domestic area				2. Other EU countries	3. Extra EU area	4. Other participating Member States
	Credit institutions	Insurance corporations and pension funds			Credit institutions	Credit institutions	Credit institutions
	Credit institutions	Total	Insurance corporations	Pension funds	Credit institutions	Credit institutions	Credit institutions
Reclassifications and other adjustments
Total assets		S20	S21	S22
Total assets of branches					S23	S24	S25
Total assets of subsidiaries					S26	S27	S28
Other revaluation adjustments
Total assets		S29	S30	S31
Total assets of branches					S32	S33	S34
Total assets of subsidiaries					S35	S36	S37

▼M3

PART 9

Table 1.A.

CBD Annual – Reporters

CBD Annual — Reporters
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Section LE. Reporting population	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
No. of stand alone credit institutions
No. of credit institutions consolidated in banking groups
No. of banking groups
Total number of credit institutions *

Table 1.B.

CBD Annual — Profitability and efficiency

CBD Annual — Profitability and efficiency — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Interest income
Financial assets held for trading*
Financial assets designated at fair value through profit or loss*
Available-for-sale financial assets*
Loans and receivables*
Held-to-maturity investments*
Derivatives — Hedge accounting, interest rate risk *
Other assets
(Interest expenses)
(Financial liabilities held for trading )*
(Financial liabilities designated at fair value through profit or loss)*
(Financial liabilities measured at amortised cost)*
(Derivatives — Hedge accounting, interest rate risk)*
(Other liabilities)
(Expenses on share capital repayable on demand)
Dividend income*
Fee and commission income*
(Fee and commission expenses)*
Gains or (-) losses on derecognition of financial assets & liabilities not measured at fair value through profit or loss*
Gains or (-) losses on financial assets and liabilities held for trading, net*
Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net*
Gains or (-) losses from hedge accounting, net
Exchange differences, net
Gains (losses) on derecognition of assets other than held for sale, net
Other operating income
(Other operating expenses)
Total operating income, net
(Administration costs)
(Staff expenses)
(Other administrative expenses)
(Depreciation)
(Provisions or (-) reversal of provisions)
(Commitments and guarantees given)
(Other provisions)
(Impairment on financial assets not measured at fair value through profit or loss)
(Financial assets measured at cost [unquoted equity])*
(Available-for-sale financial assets) *
(Loans and receivables [including finance leases])*
(Held to maturity investments)*
(Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates)
(Impairment or (-) reversal of impairment on non-financial assets)
(Property, plant and equipment)
(Investment properties)
(Goodwill)
(Intangible assets [other than goodwill])
(Other)
Negative goodwill recognised in profit or loss
Share of the profit or (-) loss of investments in subsidiaries, joint ventures and associates
Profit or (-) loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
(Tax expense or (-) income related to profit or loss from continuing operations)
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
Profit or (-) loss after tax from discontinued operations
Profit or (-) loss before tax from discontinued operations
(Tax expense or (-) income related to discontinued operations)
PROFIT OR (-) LOSS FOR THE YEAR
Attributable to minority interest
Attributable to owners of the parent

CBD Annual — Profitability and efficiency — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Interest income
(Interest expenses)
Dividend income
Fee and commission income
(Fee and commission expenses)
Gains or (-) losses on derecognition of financial assets & liabilities not measured at fair value through profit or loss*
Gains or (-) losses on financial assets and liabilities held for trading, net*
Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net*
Gains or (-) losses on non-trading financial assets and liabilities, net
Gains or (-) losses from hedge accounting, net
Exchange differences, net
Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net
Gains (losses) on derecognition of assets other than held for sale, net
Other operating income
(Other operating expenses)
Total operating income, net
(Administration costs)
(Staff expenses)
(Other administrative expenses)
(Depreciation)
(Provisions or (-) reversal of provisions)
(Commitments and guarantees given)
(Other provisions)
(Increases or (-) decreases of the fund for general banking risks, net)
(Impairment on financial assets not measured at fair value through profit or loss)
(Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates)
(Impairment or (-) reversal of impairment on non-financial assets)
(Property, plant and equipment)
(Investment properties)
(Goodwill)
(Intangible assets [other than goodwill])
(Other)
Negative goodwill recognised in profit or loss
Share of the profit or (-) loss of investments in subsidiaries, joint ventures and associates
Profit or (-) loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
(Tax expense or (-) income related to profit or loss from continuing operations)
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
Extraordinary profit or (-) loss after tax
Extraordinary profit or loss before tax
(Tax expense or (-) income related to extraordinary profit or loss)
PROFIT OR (-) LOSS FOR THE YEAR
Attributable to minority interest
Attributable to owners of the parent

CBD Annual — Profitability and efficiency — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Net interest income
Interest income
(Interest expenses)
Dividend income
Net fee and commission income
Fee and commission income
(Fee and commission expenses)
Trading and foreign exchange results
Other operating income
(Other operating expenses)
Total operating income, net
(Administration costs)
(Staff expenses)
(Other administrative expenses)
(Depreciation)
(Provisions or (-) reversal of provisions)
(Impairment on financial assets not measured at fair value through profit or loss)
(Impairment or (-) reversal of impairment on non-financial assets)
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS FOR THE YEAR

CBD Annual — Profitability and efficiency — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Net interest income*
Dividend income*
Net fee and commission income*
Trading and foreign exchange results
Other operating income
Total operating income, net*
(Total operating expenses)*
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS FOR THE YEAR*

Table 1.C.

CBD Annual — Profitability and efficiency

CBD Annual — Profitability and efficiency — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Return on Equity (RoE)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
No. of institutions with RoE < 0
No. of institutions with RoE 0-5 %
No. of institutions with RoE 5-10 %
No. of institutions with RoE 10-15 %
No. of institutions with RoE 15-20 %
No. of institutions with RoE > 20 %
% of total banking assets of institutions with RoE < 0
% of total banking assets of institutions with RoE 0-5 %
% of total banking assets of institutions with RoE 5-10 %
% of total banking assets of institutions with RoE 10-15 %
% of total banking assets of institutions with RoE 15-20 %
% of total banking assets of institutions with RoE > 20 %

CBD Annual — Profitability and efficiency — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Return on Equity (RoE)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
No. of institutions with RoE < 0
No. of institutions with RoE 0-5 %
No. of institutions with RoE 5-10 %
No. of institutions with RoE 10-15 %
No. of institutions with RoE 15-20 %
No. of institutions with RoE > 20 %
% of total banking assets of institutions with RoE < 0
% of total banking assets of institutions with RoE 0-5 %
% of total banking assets of institutions with RoE 5-10 %
% of total banking assets of institutions with RoE 10-15 %
% of total banking assets of institutions with RoE 15-20 %
% of total banking assets of institutions with RoE > 20 %

CBD Annual — Profitability and efficiency — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Return on Equity (RoE)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
No. of institutions with RoE < 0
No. of institutions with RoE 0-5 %
No. of institutions with RoE 5-10 %
No. of institutions with RoE 10-15 %
No. of institutions with RoE 15-20 %
No. of institutions with RoE > 20 %
% of total banking assets of institutions with RoE < 0
% of total banking assets of institutions with RoE 0-5 %
% of total banking assets of institutions with RoE 5-10 %
% of total banking assets of institutions with RoE 10-15 %
% of total banking assets of institutions with RoE 15-20 %
% of total banking assets of institutions with RoE > 20 %

CBD Annual — Profitability and efficiency — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Return on Equity (RoE)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
No. of institutions with RoE < 0
No. of institutions with RoE 0-5 %
No. of institutions with RoE 5-10 %
No. of institutions with RoE 10-15 %
No. of institutions with RoE 15-20 %
No. of institutions with RoE > 20 %
% of total banking assets of institutions with RoE < 0
% of total banking assets of institutions with RoE 0-5 %
% of total banking assets of institutions with RoE 5-10 %
% of total banking assets of institutions with RoE 10-15 %
% of total banking assets of institutions with RoE 15-20 %
% of total banking assets of institutions with RoE > 20 %

Table 1.D.

CBD Annual — Balance sheet

CBD Annual — Balance sheet — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Cash, cash balances at central banks and other demand deposits*
Financial assets held for trading*
Derivatives held for trading
Equity instruments
Debt securities
Loans and advances
Financial assets designated at fair value through profit or loss
Equity instruments
Debt securities
Loans and advances
Available-for-sale financial assets
Equity instruments
Debt securities
Loans and advances
Loans and receivables
Debt securities
Loans and advances
Held-to-maturity investments
Debt securities
Loans and advances
Derivatives–Hedge accounting
Fair value changes of the hedged items in portfolio hedge of interest rate risk
Investments in associates, subsidiaries and joint ventures
Tangible assets
Intangible assets
Tax assets
Current tax assets
Deferred tax assets
Other assets
Non-current assets and disposal groups classified as held for sale
TOTAL ASSETS*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Financial liabilities held for trading
Derivatives held for trading
Short positions
Deposits
Debt securities issued
Other financial liabilities held for trading
Financial liabilities designated at fair value through profit or loss
Deposits
Debt securities issued
Other financial liabilities designated at fair value through profit or loss
Financial liabilities measured at amortised cost
Deposit
Debt securities issued
Other financial liabilities measured at amortised cost
Derivatives–Hedge accounting
Fair value changes of the hedged items in portfolio hedge of interest rate risk
Provisions
Tax liabilities
Current tax liabilities
Deferred tax liabilities
Other liabilities
Share capital repayable on demand (e.g. cooperative shares)
Liabilities included in disposal groups classified as held for sale
TOTAL LIABILITIES*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Capital
Share premium
Equity instruments issued other than capital
Other Equity
Accumulated other comprehensive income
Retained earnings
Revaluation reserves
Other Reserves
(Treasury shares)
Profit or loss attributable to owners of the parent
(Interim dividends)
Minority interest
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Loan commitments, financial guarantees and other commitments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Given
Loan commitments
Financial guarantees
Other commitments
Received
Loan commitments
Financial guarantees
Other commitments

CBD Annual — Balance sheet — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Cash, cash balances at central banks and other demand deposits*
Financial assets held for trading*
Derivatives held for trading
Equity instruments
Debt securities
Loans and advances
Non-trading non-derivative financial assets measured at fair value through profit or loss
Equity instruments
Debt securities
Loan and advances
Non-trading non-derivative financial assets measured at fair value to equity
Equity instruments
Debt securities
Loan and advances
Non-trading debt instruments measured at a cost-based method
Debt securities
Loans and advances
Other non-trading non-derivative financial assets
Equity instruments
Debt securities
Loans and advances
Derivatives–Hedge accounting
Fair value changes of the hedged items in portfolio hedge of interest rate risk
Investments in associates, subsidiaries and joint ventures
Tangible assets
Intangible assets
Tax assets
Current tax assets
Deferred tax assets
Other assets
Non-current assets and disposal groups classified as held for sale
TOTAL ASSETS*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Financial liabilities held for trading
Derivatives held for trading
Short positions
Deposits
Debt securities issued
Other financial liabilities held for trading
Non-trading non-derivative financial liabilities measured at a cost-based method
Deposits
Debt securities issued
Other financial liabilities
Derivatives–Hedge accounting
Fair value changes of the hedged items in portfolio hedge of interest rate risk
Provisions
Tax liabilities
Current tax liabilities
Deferred tax liabilities
Other liabilities
Share capital repayable on demand (e.g. cooperative shares)
Liabilities included in disposal groups classified as held for sale
TOTAL LIABILITIES*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Capital
Share premium
Equity instruments issued other than capital
Other Equity
Accumulated other comprehensive income
Retained earnings
Revaluation reserves
Fair value reserves
Other Reserves
First consolidation differences
(Treasury shares)
Profit or loss attributable to owners of the parent
(Interim dividends)
Minority interest
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Loan commitments, financial guarantees and other commitments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Given
Loan commitments
Financial guarantees
Other commitments
Received
Loan commitments
Financial guarantees
Other commitments

CBD Annual — Balance sheet — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Cash, cash balances at central banks
Loans and advances
Debt securities
Equity instruments
Residual assets
TOTAL ASSETS
Memorandum items
Financial assets held for trading
Investments in associates, subsidiaries and joint ventures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Deposits
Debt securities issued
Provisions
Residual liabilities
TOTAL LIABILITIES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Capital
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

CBD Annual — Balance sheet — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Cash, cash balances at central banks
Loans and advances*
Debt securities*
Equity instruments*
Residual assets
TOTAL ASSETS*
Memorandum items
Financial assets held for trading
Investments in associates, subsidiaries and joint ventures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Deposits
Debt securities issued
Provisions
Residual liabilities
TOTAL LIABILITIES*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Capital
TOTAL EQUITY*
TOTAL LIABILITIES AND EQUITY

Table 1.E.

CBD Annual — Balance sheet

CBD Annual -Balance sheet — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Equity instruments
of which: credit institutions
of which: other financial corporations
of which: non-financial corporations

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Memorandum items	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Subordinated financial liabilities
Deposits
Debt securities issued

CBD Annual — Balance sheet — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Equity instruments
of which: credit institutions
of which: other financial corporations
of which: non-financial corporations

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Memorandum items	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Subordinated financial liabilities
Deposits
Debt securities issued

CBD Annual — Balance sheet — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and advances
General governments
Central banks
Credit institutions
Other

CBD Annual — Balance sheet — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and advances
General governments
Central banks
Credit institutions
Other

Table 1.F.

CBD Annual — Asset quality

CBD Annual — Asset quality — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Forborne exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities — Gross carrying amount of exposures with forbearance measures
Debt securities — Gross carrying amount of performing exposures with forbearance measures
Debt securities — Gross carrying amount of performing exposures with forbearance measures of which under probation
Debt securities — Gross carrying amount of non-performing exposures with forbearance measures
Debt securities — Gross carrying amount of non-performing exposures with forbearance measures of which under probation
Debt securities — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — performing exposures with forebearance measures
Debt securities — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — non-performing exposures with forebearance measures
Loans and advances — Gross carrying amount of exposures with forbearance measures
Loans and advances — Gross carrying amount of performing exposures with forbearance measures
Loans and advances — Gross carrying amount of performing exposures with forbearance measures of which under probation
Loans and advances — Gross carrying amount of non-performing exposures with forbearance measures
Loans and advances — Gross carrying amount of non-performing exposures with forbearance measures of which under probation
Loans and advances — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — performing exposures with forebearance measures
Loans and advances — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — non-performing exposures with forebearance measures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of performing exposures — Not past due or Past due <= 30 days	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of performing exposures — Past due > 30 days <= 60 days	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of performing exposures — Past due > 60 days <= 90 days	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of non-performing exposures — Unlikely to pay that are not past-due or past-due < = 90 days	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of non-performing exposures — Past due > 90 days <= 180 days	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of non-performing exposures — Past due > 180 days <= 1 year	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of non-performing exposures — Past due > 1 year	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total gross carrying amount of non-performing exposures — Of which: defaulted	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions on performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions on non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Collateral received on non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Financial guarantees received on non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

CBD Annual — Asset quality — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Impaired debt instruments — Total gross carrying amount of impaired assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and receivables
Debt securities
Loans and advances
Held-to-maturity investments
Debt securities
Loans and advances

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Impaired debt instruments — Allowances for individual assessed financial assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and receivables
Debt securities
Loans and advances
Held-to-maturity investments
Debt securities
Loans and advances

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Impaired debt instruments — Allowances for collectively assessed financial assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and receivables
Debt securities
Loans and advances
Held-to-maturity investments
Debt securities
Loans and advances

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Impaired debt instruments — Allowances for incurred but not reported losses	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and receivables
Debt securities
Loans and advances
Held-to-maturity investments
Debt securities
Loans and advances

CBD Annual — Asset quality — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Impaired debt instruments — Non-trading debt instruments measured at a cost-based method	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Total gross carrying amount of impaired assets
Debt securities
Loans and advances
Allowances for individual assessed financial assets
Debt securities
Loans and advances
Allowances for collectively assessed financial assets
Debt securities
Loans and advances

CBD Annual — Asset quality — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Gross carrying amount*
Performing exposures
Non-performing exposures*
Forborne exposures
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions*

Table 1.G.

CBD Annual — Concentration

CBD Annual — GEOGRAPHICAL CONCENTRATION
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total original exposure value	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
NO
US (United States)
HK (Hong Kong)
BR (Brazil)
CN (China)
JP (Japan)
CH (Switzerland)
MX (Mexico)
AU (Australia)
SG (Singapore)
TR (Turkey)
RU (Russian federation)
KY (Cayman Islands)
IN (India)
KR (South Korea)
ZA (South Africa)
CA (Canada)
Memorandum items
Non-domestic original exposure
Total original exposure

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total exposures in default	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
NO
US (United States)
HK (Hong Kong)
BR (Brazil)
CN (China)
JP (Japan)
CH (Switzerland)
MX (Mexico)
AU (Australia)
SG (Singapore)
TR (Turkey)
RU (Russian federation)
KY (Cayman Islands)
IN (India)
KR (South Korea)
ZA (South Africa)
CA (Canada)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total exposure value	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
NO
US (United States)
HK (Hong Kong)
BR (Brazil)
CN (China)
JP (Japan)
CH (Switzerland)
MX (Mexico)
AU (Australia)
SG (Singapore)
TR (Turkey)
RU (Russian federation)
KY (Cayman Islands)
IN (India)
KR (South Korea)
ZA (South Africa)
CA (Canada)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total exposures collateralized by immovable residential property	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
Non-EU countries

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total exposures collateralized by immovable commercial property	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
Non-EU countries

CBD Annual — GEOGRAPHICAL CONCENTRATION — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Domestic activities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and advances
Debt securities
Total assets
Deposits
Debt securities issued
Total liabilities
Interest income
(Interest expense)
Total operating income, net
Profit or loss for the year

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Non-domestic activities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Loans and advances
Debt securities
Total assets
Deposits
Debt securities issued
Total liabilities
Interest income
(Interest expense)
Total operating income, net
Profit or loss for the year

CBD Annual — COUNTERPARTY CONCENTRATION
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Large exposures (total)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Large exposures (total)
Large exposures — Over 10 % of capital or EUR 300 mln.
Large exposures — Institutions
Large exposures — Unregulated financial Entities

CBD Annual — COUNTERPARTY CONCENTRATION — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Exposures to central banks	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
On demand [call] and short notice [current account]
Credit card debt
Finance leases
Reverse repurchase loans
Other term loans
Advances that are not loans
LOANS AND ADVANCES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Exposures to general governments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
On demand [call] and short notice [current account]
Credit card debt
Trade receivables
Finance leases
Reverse repurchase loans
Other term loans
Advances that are not loans
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Exposures to credit institutions	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
On demand [call] and short notice [current account]
Credit card debt
Trade receivables
Finance leases
Reverse repurchase loans
Other term loans
Advances that are not loans
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Exposures to other financial corporations	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
On demand [call] and short notice [current account]
Credit card debt
Trade receivables
Finance leases
Reverse repurchase loans
Other term loans
Advances that are not loans
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans
Memorandum items: Maximum amount of the collateral/guarantee that can be considered
Loans collateralized by immovable property
Other collateralized loans
Financial guarantees received

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Exposures to non-financial corporations	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
On demand [call] and short notice [current account]
Credit card debt
Trade receivables
Finance leases
Reverse repurchase loans
Other term loans
Advances that are not loans
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans
of which: project finance loans
Memorandum items: Maximum amount of the collateral/guarantee that can be considered
Loans collateralized by immovable property
Other collateralized loans
Financial guarantees received

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Exposures to households	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
On demand [call] and short notice [current account]
Credit card debt
Trade receivables
Finance leases
Reverse repurchase loans
Other term loans
Advances that are not loans
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans
of which: credit for consumption
of which: lending for house purchase
Memorandum items: Maximum amount of the collateral/guarantee that can be considered
Loans collateralized by immovable property
Other collateralized loans
Financial guarantees received

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Loans and advances to non-financial corporations — Gross carrying amount	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
A Agriculture, forestry and fishing
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply
F Construction
G Wholesale and retail trade
H Transport and storage
I Accommodation and food service activities
J Information and communication
L Real estate activities
M Professional, scientific and technical activities
N Administrative and support service activities
O Public administration and defence, compulsory social security
P Education
Q Human health services and social work activities
R Arts, entertainment and recreation
S Other services

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Loans and advances to non-financial corporations — Accumulated impairment or Accumulated changes in fair value due to credit risk	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
A Agriculture, forestry and fishing
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply
F Construction
G Wholesale and retail trade
H Transport and storage
I Accommodation and food service activities
J Information and communication
L Real estate activities
M Professional, scientific and technical activities
N Administrative and support service activities
O Public administration and defence, compulsory social security
P Education
Q Human health services and social work activities
R Arts, entertainment and recreation
S Other services

CBD Annual — FUNDING CONCENTRATION — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount (FINREP-IFRS)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Derivatives
Short positions
Equity instruments
Debt securities
Deposits
Central banks
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
General governments
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Credit institutions*
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Other financial corporations*
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Non-financial corporations
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Households
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Debt securities issued*
Certificates of deposits
Asset-backed securities
Covered bonds
Hybrid contracts
Other debt securities issued
Convertible compound financial instruments
Non-convertible
Other financial liabilities
FINANCIAL LIABILITIES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount (FINREP-GAAP)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Derivatives
Short positions
Equity instruments
Debt securities
Deposits
Central banks
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
General governments
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Credit institutions*
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Other financial corporations*
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Non-financial corporations
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Households
Current accounts / overnight deposits
Deposits with agreed maturity
Deposits redeemable at notice
Repurchase agreements
Debt securities issued*
Certificates of deposits
Asset-backed securities
Covered bonds
Hybrid contracts
Other debt securities issued
Convertible compound financial instruments
Non-convertible
Other financial liabilities
FINANCIAL LIABILITIES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Total amount received	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Retail funding
Sight deposits
Fixed-term deposits with an initial maturity < 30 days
Fixed-term deposits with an initial maturity > 30 days
Savings accounts
Wholesale funding
Unsecured
Secured

Table 1.H.

CBD Annual — Liquidity and funding

CBD Annual — Liquidity and funding
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Liquid assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
ASSETS WHICH MEET THE REQUIREMENTS OF ARTICLES 416 AND 417 OF CRR
Value according to Article 418 of CRR
Amount
Undrawn amount of line/Value according to Article 418 of CRR
Amount of exposure to central banks
Value according to Article 418 of CRR — transferable assets representing claims on or guaranteed by the central government of a Member State, on a region with fiscal autonomy to raise and collect taxes, or of a third country in the domestic currency of the central or regional government, if the institution incurs a liquidity risk in that Member State or third country that it covers by holding those liquid assets
Value according to Article 418 of CRR — transferable assets representing claims on or guaranteed by central banks and non-central government public sector entities in the domestic currency of the central bank and public sector entity
Value according to Article 418 of CRR — transferable assets representing claims on or guaranteed by the European Financial Stability Facility and the European Stability Mechanism

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — assets referred to in Article 416	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — securities and money market instruments not reported in 1.1 qualifying for credit step 1 under Article 122	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — securities and money market instruments not reported in 1.1 qualifying for credit step 2 under Article 122	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — other securities and money market instruments not reported elsewhere	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — equity securities of non-financial entities listed on a major index in a recognised exchange	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — other equity securities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — gold	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — other precious metals	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — non-renewable loans and receivables	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — non-renewable loans and receivables reported in 1.9 that are collateralised by real estate	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — derivatives receivables	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — any other assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — assets deducted from own funds not requiring stable funding	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — undrawn committed credit facilities that qualify as ‘medium risk’ or ‘medium/low risk’ under Annex I.	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — own funds after deduction have been applied where apropriate	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — retail deposits	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — liabilities from customers that are not financial customers	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — liabilities from customers that are financial customers	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — liabilities resulting from securities issued qualifying for the treatment in Article 129(4) or (5)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — liabilities resulting from securities defined in Article 52(4) of Directive 2009/65/EC	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — other liabilities resulting from securities issued	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — liabilities from derivatives payables contracts	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING — any other liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

CBD Annual — Asset encumbrance
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount of encumbered assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
of which: covered bonds
of which: asset-backed securities
of which: issued by general governments
of which: issued by financial corporations
of which: issued by non-financial corporations
Loans and advances other than loans on demand
of which: mortgage loans
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount of encumbered assets of which: issued by other entities of the group	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
of which: covered bonds
of which: asset-backed securities
of which: issued by financial corporations
of which: issued by non-financial corporations
Loans and advances other than loans on demand
of which: mortgage loans
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount of encumbered assets of which: central bank's eligible	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
of which: covered bonds
of which: asset-backed securities
of which: issued by general governments
of which: issued by financial corporations
of which: issued by non-financial corporations
Loans and advances other than loans on demand
of which: mortgage loans
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount of non-encumbered assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
of which: covered bonds
of which: asset-backed securities
of which: issued by general governments
of which: issued by financial corporations
of which: issued by non-financial corporations
Loans and advances other than loans on demand
of which: mortgage loans
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount of non-encumbered assets of which: issued by other entities of the group	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
of which: covered bonds
of which: asset-backed securities
of which: issued by financial corporations
of which: issued by non-financial corporations
Loans and advances other than loans on demand
of which: mortgage loans
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Carrying amount of non-encumbered assets of which: central bank's eligible	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
of which: covered bonds
of which: asset-backed securities
of which: issued by general governments
of which: issued by financial corporations
of which: issued by non-financial corporations
Loans and advances other than loans on demand
of which: mortgage loans
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Collateral received by the reporting institution	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Fair value of encumbered collateral received or own debt securities issued
Fair value of non-encumbered collateral received or own debt securities issued available for encumbrance

Table 1.I.

CBD Annual — Own funds, risk weighted exposure amounts and solvency

CBD Annual — OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Table x.x	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
OWN FUNDS
TIER 1 CAPITAL*
COMMON EQUITY TIER 1 CAPITAL*
Capital instruments eligible as CET1 Capital
Paid up capital instruments
Memorandum item: Capital instruments not eligible
Share premium
(-) Own CET1 instruments
(-) Actual or contingent obligations to purchase own CET1 instruments
Retained earnings
Previous years retained earnings
Profit or loss eligible
Adjustments to CET1
Accumulated other comprehensive income
Other reserves
Funds for general banking risk
Transitional adjustments due to grandfathered CET1 Capital instruments
Minority interest given recognition in CET1 capital
Transitional adjustments due to additional minority interests
Adjustments to CET1 due to prudential filters
Other transitional adjustments to CET1 Capital
CET1 capital elements or deductions — other
Deductions from CET1
(-) Goodwill
(-) Other intangible assets
(-) Deferred tax assets that rely on future profitability and do not arise from temporary differences net of associated tax liabilities
(-) IRB shortfall of credit risk adjustments to expected losses
(-)Defined benefit pension fund assets
(-) Excess of deduction from AT1 items over AT1 Capital
ADDITIONAL TIER 1 CAPITAL
Capital instruments eligible as AT1 Capital
Paid up capital instruments
Memorandum item: Capital instruments not eligible
Share premium
(-) Own AT1 instruments
(-) Actual or contingent obligations to purchase own AT1 instruments
Transitional adjustments due to grandfathered AT1 Capital instruments
Instruments issued by subsidiaries that are given recognition in AT1 Capital
Transitional adjustments due to additional recognition in AT1 Capital of instruments issued by subsidiaries
(-) Excess of deduction from T2 items over T2 Capital
Other transitional adjustments to AT1 Capital
Excess of deduction from AT1 items over AT1 Capital (deducted in CET1)
(-) Additional deductions of AT1 Capital due to Article 3 CRR
AT1 capital elements or deductions — other
TIER 2 CAPITAL
Capital instruments and subordinated loans eligible as T2 Capital
Paid up capital instruments and subordinated loans
Memorandum item: Capital instruments and subordinated loans not eligible
Share premium
(-) Own T2 instruments
(-) Actual or contingent obligations to purchase own T2 instruments
Transitional adjustments due to grandfathered T2 Capital instruments and subordinated loans
Instruments issued by subsidiaries that are given recognition in T2 Capital
Transitional adjustments due to additional recognition in T2 Capital of instruments issued by subsidiaries
IRB Excess of provisions over expected losses eligible
SA General credit risk adjustments
Other transitional adjustments to T2 Capital
Excess of deduction from T2 items over T2 Capital (deducted in AT1)
(-) Additional deductions of T2 Capital due to Article 3 CRR
T2 capital elements or deductions — other

Table 1.J.

CBD Annual — Own funds, risk weighted exposure amounts and solvency

CBD Annual — OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Original exposure pre-conversion factors	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
RISK WEIGHTED EXPOSURE AMOUNTS FOR CREDIT, COUNTERPARTY CREDIT AND DILUTION RISKS AND FREE DELIVERIES
Standardised approach (SA)
SA exposure classes excluding securitisation positions
Central governments or central banks
Regional governments or local authorities
Public sector entities
Multilateral Development Banks
International Organisations
Institutions
Corporates
Retail
Secured by mortgages on immovable property
Exposures in default
Items associated with particular high risk
Covered bonds
Claims on institutions and corporates with a short-term credit assessment
Collective investments undertakings (CIU)
Equity
Other items
Securitisation positions SA
Internal ratings based Approach (IRB)
IRB approaches when neither own estimates of LGD nor Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
IRB approaches when own estimates of LGD and/or Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
Retail — Secured by real estate SME
Retail — Secured by real estate non-SME
Retail — Qualifying revolving
Retail — Other SME
Retail — Other non-SME
Equity IRB
Securitisation positions IRB

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Value adjustments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Standardised approach (SA)
SA exposure classes excluding securitisation positions
Central governments or central banks
Regional governments or local authorities
Public sector entities
Multilateral Development Banks
International Organisations
Institutions
Corporates
Retail
Secured by mortgages on immovable property
Exposures in default
Items associated with particular high risk
Covered bonds
Claims on institutions and corporates with a short-term credit assessment
Collective investments undertakings (CIU)
Equity
Other items
Securitisation positions SA
Internal ratings based Approach (IRB)
IRB approaches when neither own estimates of LGD nor Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
IRB approaches when own estimates of LGD and/or Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
Retail — Secured by real estate SME
Retail — Secured by real estate non-SME
Retail — Qualifying revolving
Retail — Other SME
Retail — Other non-SME
Securitisation positions IRB

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Risk weighted exposure amounts	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
TOTAL RISK EXPOSURE AMOUNT / TOTAL EXPOSURES*
RISK WEIGHTED EXPOSURE AMOUNTS FOR CREDIT, COUNTERPARTY CREDIT AND DILUTION RISKS AND FREE DELIVERIES
Standardised approach (SA)
SA exposure classes excluding securitisation positions
Central governments or central banks
Regional governments or local authorities
Public sector entities
Multilateral Development Banks
International Organisations
Institutions
Corporates
Retail
Secured by mortgages on immovable property
Exposures in default
Items associated with particular high risk
Covered bonds
Claims on institutions and corporates with a short-term credit assessment
Collective investments undertakings (CIU)
Equity
Other items
Securitisation positions SA
Internal ratings based Approach (IRB)
IRB approaches when neither own estimates of LGD nor Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
IRB approaches when own estimates of LGD and/or Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
Retail — Secured by real estate SME
Retail — Secured by real estate non-SME
Retail — Qualifying revolving
Retail — Other SME
Retail — Other non-SME
Equity IRB
Securitisation positions IRB
Other non credit-obligation assets
Risk exposure amount for contributions to the default fund of a CCP
TOTAL RISK EXPOSURE AMOUNT FOR SETTLEMENT/DELIVERY
TOTAL RISK EXPOSURE AMOUNT FOR POSITION, FOREIGN EXCHANGE AND COMMODITIES RISKS
Risk exposure amount for position, foreign exchange and commodities risks under standardised approaches (SA)
Traded debt instruments
Equity
Foreign Exchange
Commodities
Risk exposure amount for Position, foreign exchange and commodities risks under internal models (IM)
TOTAL RISK EXPOSURE AMOUNT FOR OPERATIONAL RISK (OpR )
OpR Basic indicator approach (BIA)
OpR Standardised (STA) / Alternative Standardised (ASA) approaches
OpR Advanced measurement approaches (AMA)
TOTAL RISK EXPOSURE AMOUNT FOR CREDIT VALUATION ADJUSTMENT
Advanced method
Standardised method
Based on OEM
TOTAL RISK EXPOSURE AMOUNT RELATED TO LARGE EXPOSURES IN THE TRADING BOOK
OTHER RISK EXPOSURE AMOUNTS
Of which: Additional stricter prudential requirements based on Art 458
Of which: requirements for large exposures
Of which: due to modified risk weights for targeting asset bubbles in the residential and commercial property
Of which: due to intra financial sector exposures
Of which: Additional stricter prudential requirements based on Art 459
Of which: Additional risk exposure amount due to Article 3 CRR

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Expected loss amount	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Internal ratings based Approach (IRB)
IRB approaches when neither own estimates of LGD nor Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
IRB approaches when own estimates of LGD and/or Conversion Factors are used
Central governments and central banks
Institutions
Corporates — SME
Corporates — Specialised Lending
Corporates — Other
Retail — Secured by real estate SME
Retail — Secured by real estate non-SME
Retail — Qualifying revolving
Retail — Other SME
Retail — Other non-SME
Equity IRB

Table 1.K.

CBD Annual — Own funds, risk weighted exposure amounts and solvency

CBD Annual — OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Capital buffers and Pillar II requirements	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Combined buffer requirement
Capital conservation buffer
Conservation buffer due to macro-prudential or systemic risk identified at the level of a Member State
Institution specific countercyclical capital buffer
Systemic risk buffer
Systemical important institution buffer
Global Systemically Important Institution buffer
Other Systemically Important Institution buffer
Own funds requirements related to Pillar II adjustments

Table 1.L.

CBD Annual — Own funds, risk weighted exposure amounts and solvency

CBD Annual — OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Credit risk — number of institutions by approach	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Standardised Approach
Foundation IRB
Advanced IRB
Total number of institutions (using one or more of the credit risk approaches)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Market risk — number of institutions by approach	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Standardised Approach
Internal Models
Total number of institutions (using one or more of the market risk approaches)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Operational risk — number of institutions by approach	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
Basic Indicator Approach
Standardised Approach / Alternative Standardised
Advanced Measurement Approach
Total number of institutions (using one or more of the operational risk approaches)

CBD Annual -Number of institutions
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Solvency ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 8
8 - 12
12 - 16
16 - 20
> 20

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 6
6 - 8
8 - 12
12 - 16
> 16

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Core Equity Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 4
4 - 6
6 - 8
8 - 12
12 - 16
> 16

CBD Annual -TOTAL RISK EXPOSURE AMOUNT / TOTAL EXPOSURES
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Solvency ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 8
8 - 12
12 - 16
16 - 20
> 20

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 6
6 - 8
8 - 12
12 - 16
>16

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Core Equity Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 4
4 - 6
6 - 8
8 - 12
12 - 16
> 16

CBD Annual — Assets
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Solvency ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 8
8 - 12
12 - 16
16 - 20
> 20

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 6
6 - 8
8 - 12
12 - 16
> 16

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand alone)	Foreign non-EU controlled branches (stand alone)	Foreign EU controlled subsidiaries (subconsolidated or stand alone)	Foreign EU controlled branches (stand alone)	SSM Categories
Core Equity Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand alone)		Foreign EU controlled branches (stand alone)	Foreign EA controlled subsidiaries (sub-consolidated or stand alone)	Foreign EA controlled branches (stand alone)	Significant	Less-Significant
< 4
4 - 6
6 - 8
8 - 12
12 - 16
> 16

Table 2.A.

CBD Quarterly — Reporters

CBD Quarterly — Reporters
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Reporting population	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign euro area (EA) controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
No. of stand-alone credit institutions
No. of credit institutions consolidated in banking groups
No. of banking groups
Total number of credit institutions*

Table 2.B.

CBD Quarterly — Profitability and efficiency

CBD Quarterly — Profitability and efficiency — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Interest income
Financial assets held for trading*
Financial assets designated at fair value through profit or loss *
Available-for-sale financial assets*
Loans and receivables*
Held-to-maturity investments*
Derivatives — Hedge accounting, interest rate risk *
Other assets
(Interest expenses)
(Financial liabilities held for trading )*
(Financial liabilities designated at fair value through profit or loss)*
(Financial liabilities measured at amortised cost)*
(Derivatives — Hedge accounting, interest rate risk)*
(Other liabilities)
Dividend income*
Fee and commission income*
(Fee and commission expenses)*
Gains or (-) losses on derecognition of financial assets & liabilities not measured at fair value through profit or loss*
Gains or (-) losses on financial assets and liabilities held for trading, net*
Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net*
Gains or (-) losses from hedge accounting, net
Exchange differences, net
Other operating income
(Other operating expenses)
Total operating income, net
(Administration costs)
(Staff expenses)
(Other administrative expenses)
(Depreciation)
(Provisions or (-) reversal of provisions)
(Commitments and guarantees given)
(Other provisions)
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)
(Financial assets measured at cost [unquoted equity])*
(Available-for-sale financial assets) *
(Loans and receivables [including finance leases])*
(Held to maturity investments) *
(Impairment or (-) reversal of impairment on non-financial assets)
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
(Tax expense or (-) income related to profit or loss from continuing operations)
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS FOR THE YEAR

CBD Quarterly- Profitability and efficiency — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Interest income
(Interest expenses)
Dividend income
Fee and commission income
(Fee and commission expenses)
Gains or (-) losses on derecognition of financial assets & liabilities not measured at fair value through profit or loss*
Gains or (-) losses on financial assets and liabilities held for trading, net*
Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net*
Gains or (-) losses on non-trading financial assets and liabilities, net
Gains or (-) losses from hedge accounting, net
Exchange differences, net
Other operating income
(Other operating expenses)
Total operating income, net
(Administration costs)
(Staff expenses)
(Other administrative expenses)
(Depreciation)
(Provisions or (-) reversal of provisions)
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)
(Impairment or (-) reversal of impairment on non-financial assets)
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS FOR THE YEAR

CBD Quarterly- Profitability and efficiency — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Net interest income
Interest income
(Interest expenses)
Dividend income
Net fee and commission income
Fee and commission income
(Fee and commission expenses)
Trading and foreign exchange results
Other operating income
(Other operating expenses)
Total operating income, net
(Administration costs)
(Staff expenses)
(Other administrative expenses)
(Depreciation)
(Provisions or (-) reversal of provisions)
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)
(Impairment or (-) reversal of impairment on non-financial assets)
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS FOR THE YEAR

CBD Quarterly — Profitability and efficiency — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Consolidated Income Statement	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Net interest income*
Dividend income*
Net fee and commission income*
Trading and foreign exchange results
Other operating income
Total operating income, net*
(Total operating expenses)*
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
PROFIT OR (-) LOSS FOR THE YEAR*

Table 2.C.

CBD Quarterly — Balance sheet

CBD Quarterly — BALANCE SHEET — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Cash, cash balances at central banks and other demand deposits*
Financial assets held for trading*
Derivatives held for trading
Equity instruments
Debt securities
Loans and advances
Financial assets designated at fair value through profit or loss
Equity instruments
Debt securities
Loans and advances
Available-for-sale financial assets
Equity instruments
Debt securities
Loans and advances
Loans and receivables
Debt securities
Loans and advances
Held-to-maturity investments
Debt securities
Loans and advances
Derivatives–Hedge accounting
Intangible assets
TOTAL ASSETS*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Financial liabilities held for trading
Derivatives held for trading
Deposits
Debt securities issued
Financial liabilities designated at fair value through profit or loss
Deposits
Debt securities issued
Financial liabilities measured at amortised cost
Deposits
Debt securities issued
Provisions
TOTAL LIABILITIES*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Capital
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Loan commitments, financial guarantees and other commitments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Given
Loan commitments
Financial guarantees
Received
Loan commitments
Financial guarantees

CBD Quarterly — BALANCE SHEET — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Cash, cash balances at central banks and other demand deposits*
Financial assets held for trading*
Derivatives held for trading
Equity instruments
Debt securities
Loans and advances
Non-trading non-derivative financial assets measured at fair value through profit or loss
Equity instruments
Debt securities
Loan and advances
Non-trading non-derivative financial assets measured at fair value to equity
Equity instruments
Debt securities
Loan and advances
Non-trading debt instruments measured at a cost-based method
Debt securities
Loans and advances
Other non-trading non-derivative financial assets
Equity instruments
Debt securities
Loans and advances
Derivatives–Hedge accounting
Intangible assets
TOTAL ASSETS*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Financial liabilities held for trading
Derivatives held for trading
Deposits
Debt securities issued
Provisions
TOTAL LIABILITIES*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Capital
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Loan commitments, financial guarantees and other commitments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Given
Loan commitments
Financial guarantees
Received
Loan commitments
Financial guarantees

CBD Quarterly — BALANCE SHEET — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Cash, cash balances at central banks
Loans and advances
Debt securities
Equity instruments
Residual assets
TOTAL ASSETS
Memorandum items
Financial assets held for trading

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Deposits
Debt securities issued
Provisions
Residual liabilities
TOTAL LIABILITIES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Capital
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

CBD Quarterly — BALANCE SHEET — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Cash, cash balances at central banks
Loans and advances*
Debt securities*
Equity instruments*
Residual assets
TOTAL ASSETS*
Memorandum items
Financial assets held for trading

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Liabilities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Deposits
Debt securities issued
Provisions
Residual liabilities
TOTAL LIABILITIES*

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Equity and minority interest	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Capital
TOTAL EQUITY*
TOTAL LIABILITIES AND EQUITY

Table 2.D.

CBD Quarterly — Balance sheet

CBD Quarterly — BALANCE SHEET — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Equity instruments

CBD Quarterly — BALANCE SHEET — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and advances
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Households
Debt securities
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Equity instruments

CBD Quarterly — BALANCE SHEET — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and advances
General governments
Central banks
Credit institutions
Other

CBD Quarterly — BALANCE SHEET — FULL SAMPLE
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and advances
General governments
Central banks
Credit institutions
Other

Table 2.E.

CBD Quarterly — Asset quality

CBD Quarterly ASSET QUALITY- FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Forborne exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities — Gross carrying amount of exposures with forbearance measures
Debt securities — Gross carrying amount of performing exposures with forbearance measures
Debt securities — Gross carrying amount of performing exposures with forbearance measures of which under probation
Debt securities — Gross carrying amount of non-performing exposures with forbearance measures
Debt securities — Gross carrying amount of non-performing exposures with forbearance measures of which forbearance of non-performing exposures
Debt securities — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — performing exposures with forebearance measures
Debt securities — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — non-performing exposures with forebearance measures
Loans and advances — Gross carrying amount of exposures with forbearance measures
Loans and advances — Gross carrying amount of performing exposures with forbearance measures
Loans and advances — Gross carrying amount of performing exposures with forbearance measures of which under probation
Loans and advances — Gross carrying amount of non-performing exposures with forbearance measures
Loans and advances — Gross carrying amount of non-performing exposures with forbearance measures of which forbearance of non-performing exposures
Loans and advances — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — performing exposures with forebearance measures
Loans and advances — Accumulated impairment, accumulated changes in fair value due to credit risk and provisions — non-performing exposures with forebearance measures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total gross carrying amount of exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities*
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total gross carrying amount of performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total gross carrying amount of non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities*
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities*
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions on performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions on non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities*
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances*
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Collateral received on non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Financial guarantees received on non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances
Credit institutions
Other financial corporations
Non-financial corporations
Households
Off-balance sheet exposures

CBD Quarterly ASSET QUALITY — IFRS FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Impaired debt instruments — Total gross carrying amount of impaired assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and receivables
Held-to-maturity investments

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Impaired debt instruments — Allowances for individual assessed financial assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and receivables
Held-to-maturity investments

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Impaired debt instruments — Allowances for collectively assessed financial assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and receivables
Held-to-maturity investments

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Impaired debt instruments — Allowances for incurred but not reported losses	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Loans and receivables
Held-to-maturity investments

CBD Quarterly ASSET QUALITY — GAAP FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Impaired debt instruments — Non-trading debt instruments measured at a cost-based method	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Total gross carrying amount of impaired assets
Loans and advances
Allowances for individual assessed financial assets
Loans and advances
Allowances for collectively assessed financial assets
Loans and advances

CBD Quarterly — ASSET QUALITY — NON-FINREP
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Non-performing exposures	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Gross carrying amount*
Performing exposures
Non-performing exposures*
Forborne exposures
Accumulated impairment, accumulated changes in fair value due to credit risk and provisions*

Table 2.F.

CBD Quarterly — Concentration

CBD Quarterly — GEOGRAPHICAL CONCENTRATION
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total original exposure value	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
NO
US (United States)
HK (Hong Kong)
BR (Brazil)
CN (China)
JP (Japan)
CH (Switzerland)
MX (Mexico)
AU (Australia)
SG (Singapore)
TR (Turkey)
RU (Russian Federation)
KY (Cayman Islands)
IN (India)
KR (South Korea)
ZA (South Africa)
CA (Canada)
Memorandum items
Non-domestic original exposure
Total original exposure

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total exposures in default	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
NO
US (United States)
HK (Hong Kong)
BR (Brazil)
CN (China)
JP (Japan)
CH (Switzerland)
MX (Mexico)
AU (Australia)
SG (Singapore)
TR (Turkey)
RU (Russian Federation)
KY (Cayman Islands)
IN (India)
KR (South Korea)
ZA (South Africa)
CA (Canada)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total exposure value	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
AT
BE
BG
HR
CY
CZ
DK
EE
FI
FR
DE
EL
HU
IE
IT
LV
LT
LU
MT
NL
PL
PT
RO
SK
SI
ES
SE
UK
NO
US (United States)
HK (Hong Kong)
BR (Brazil)
CN (China)
JP (Japan)
CH (Switzerland)
MX (Mexico)
AU (Australia)
SG (Singapore)
TR (Turkey)
RU (Russian Federation)
KY (Cayman Islands)
IN (India)
KR (South Korea)
ZA (South Africa)
CA (Canada)

CBD Quarterly — GEOGRAPHICAL CONCENTRATION — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Domestic activities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Total assets
Total liabilities
Total operating income, net
Profit or loss for the year

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Non-domestic activities	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Total assets
Total liabilities
Total operating income, net
Profit or loss for the year

CBD Quarterly — COUNTERPARTY CONCENTRATION — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Exposures to central banks	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
LOANS AND ADVANCES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Exposures to general governments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Exposures to credit institutions	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Exposures to other financial corporations	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Exposures to non-financial corporations	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans
of which: project finance loans

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Exposures to households	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
LOANS AND ADVANCES
of which: mortgage loans [Loans collateralized by immovable property]
of which: other collateralized loans
of which: credit for consumption
of which: lending for house purchase

CBD Quarterly — FUNDING CONCENTRATION — FINREP reporters (IFRS and GAAP)
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount (FINREP-IFRS)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities issued*
Certificates of deposits
Asset-backed securities
Covered bonds
Hybrid contracts
Other debt securities issued
Convertible compound financial instruments
Non-convertible
Other financial liabilities
FINANCIAL LIABILITIES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount (FINREP-GAAP)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Debt securities issued*
Certificates of deposits
Asset-backed securities
Covered bonds
Hybrid contracts
Other debt securities issued
Convertible compound financial instruments
Non-convertible
Other financial liabilities
FINANCIAL LIABILITIES

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Total amount received	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Retail funding
Sight deposits
Fixed-term deposits with an initial maturity < 30 days
Fixed-term deposits with an initial maturity > 30 days
Savings accounts
Wholesale funding
Unsecured
Secured

Table 2.G.

CBD Quarterly — Liquidity and funding

CBD Quarterly — Liquidity and funding
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Liquid assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
ASSETS WHICH MEET THE REQUIREMENTS OF ARTICLES 416 AND 417 OF THE CRR
Value according to Article 418 of the Capital Requirements Regulation (CRR) — Regulation (EU) No 575/2013
Amount
Undrawn amount of line/Value according to Article 418 of the CRR
Amount of exposure to central banks
Value according to Article 418 of the CRR — transferable assets representing claims on or guaranteed by: the central government of a Member State, a region with fiscal autonomy to raise and collect taxes, or of a third country in the domestic currency of the central or regional government, if the institution incurs a liquidity risk in that Member State or third country that it covers by holding those liquid assets
Value according to Article 418 of the CRR — transferable assets representing claims on or guaranteed by central banks and non-central government public sector entities in the domestic currency of the central bank and public sector entity
Value according to Article 418 of the CRR — transferable assets representing claims on or guaranteed by the European Financial Stability Facility and the European Stability Mechanism

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Amount extremely high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount high liquidity and credit quality
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months
Amount other assets
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — non-renewable loans and receivables	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — non-renewable loans and receivables reported in 1.9 that are collateralised by real estate	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — derivatives receivables	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — any other assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — assets deducted from own funds not requiring stable funding	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS REQUIRING STABLE FUNDING — undrawn committed credit facilities that qualify as ‘medium risk’ or ‘medium/low risk’ under Annex I.	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
ITEMS PROVIDING STABLE FUNDING	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
within three months
between three and 6 months
between 6 and 9 months
between 9 and 12 months
after 12 months

CBD Quarterly — Asset encumbrance
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount of encumbered assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
Loans and advances other than loans on demand
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount of encumbered assets of which: issued by other entities of the group	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
Loans and advances other than loans on demand
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount of encumbered assets of which: central bank's eligible	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
Loans and advances other than loans on demand
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount of non-encumbered assets	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
Loans and advances other than loans on demand
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount of non-encumbered assets of which: issued by other entities of the group	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
Loans and advances other than loans on demand
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Carrying amount of non-encumbered assets of which: central bank's eligible	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Assets of the reporting institution
Loans on demand
Equity instruments
Debt securities
Loans and advances other than loans on demand
Other assets

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Collateral received by the reporting institution	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Fair value of encumbered collateral received or own debt securities issued
Fair value of non-encumbered collateral received or own debt securities issued available for encumbrance

Table 2.H.

CBD Quarterly — Own funds, risk weighted exposure amounts and solvency

CBD Quarterly — OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Table x.x	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
OWN FUNDS
TIER 1 CAPITAL*
COMMON EQUITY TIER 1 CAPITAL*
Capital instruments eligible as common equity tier 1 (CET1) Capital
Retained earnings
Adjustments to CET1
Deductions from CET1
ADDITIONAL TIER 1 CAPITAL
TIER 2 CAPITAL

Table 2.I.

CBD Quarterly — Own funds, risk weighted exposure amounts and solvency

CBD Quarterly — OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Original exposure pre-conversion factors	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
RISK WEIGHTED EXPOSURE AMOUNTS FOR CREDIT, COUNTERPARTY CREDIT AND DILUTION RISKS AND FREE DELIVERIES
Standardised approach (SA)
Internal ratings based Approach (IRB)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Value adjustments	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Standardised approach (SA)
Internal ratings based Approach (IRB)

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Risk weighted exposure amounts	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
TOTAL RISK EXPOSURE AMOUNT / TOTAL EXPOSURES*
RISK WEIGHTED EXPOSURE AMOUNTS FOR CREDIT, COUNTERPARTY CREDIT AND DILUTION RISKS AND FREE DELIVERIES
Standardised approach (SA)
Internal ratings based Approach (IRB)
TOTAL RISK EXPOSURE AMOUNT FOR SETTLEMENT/DELIVERY
TOTAL RISK EXPOSURE AMOUNT FOR POSITION, FOREIGN EXCHANGE AND COMMODITIES RISKS
TOTAL RISK EXPOSURE AMOUNT FOR OPERATIONAL RISK (OpR )
TOTAL RISK EXPOSURE AMOUNT FOR CREDIT VALUATION ADJUSTMENT
TOTAL RISK EXPOSURE AMOUNT RELATED TO LARGE EXPOSURES IN THE TRADING BOOK
OTHER RISK EXPOSURE AMOUNTS

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Expected loss amount	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Internal ratings based Approach (IRB)

Table 2.J.

CBD Quarterly — Own funds, risk weighted exposure amounts and solvency

CBD Quarterly- OWN FUNDS, RISK WEIGHTED EXPOSURE AMOUNTS AND SOLVENCY
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Capital buffers and Pillar II requirements	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
Combined buffer requirement
Capital conservation buffer
Conservation buffer due to macro-prudential or systemic risk identified at the level of a Member State
Institution specific countercyclical capital buffer
Systemic risk buffer
Systemical important institution buffer
Global Systemically Important Institution buffer
Other Systemically Important Institution buffer
Own funds requirements related to Pillar II adjustments

Table 2.K.

CBD Quarterly — Number of institutions

CBD Quarterly -Number of institutions
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Solvency ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 8
8 - 12
12 - 16
16 - 20
> 20

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 6
6 - 8
8 - 12
12 - 16
> 16

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Core Equity Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 4
4 - 6
6 - 8
8 - 12
12 - 16
> 16

CBD Quarterly -TOTAL RISK EXPOSURE AMOUNT / TOTAL EXPOSURES
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Solvency ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 8
8 - 12
12 - 16
16 - 20
> 20

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 6
6 - 8
8 - 12
12 - 16
>16

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Core Equity Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 4
4 - 6
6 - 8
8 - 12
12 - 16
> 16

CBD Quarterly — Assets
	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Solvency ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 8
8 - 12
12 - 16
16 - 20
> 20

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 6
6 - 8
8 - 12
12 - 16
> 16

	Domestic banking groups (consolidated) and stand-alone banks			Foreign non-EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign non-EU controlled branches (stand-alone)	Foreign EU controlled subsidiaries (subconsolidated or stand-alone)	Foreign EU controlled branches (stand-alone)	SSM Categories
Core Equity Tier 1 ratio (%)	A. Large	B. Medium	C. Small		Foreign non-EU controlled branches (stand-alone)		Foreign EU controlled branches (stand-alone)	Foreign EA controlled subsidiaries (subconsolidated or stand-alone)	Foreign EA controlled branches (stand-alone)	Significant	Less significant
< 4
4 - 6
6 - 8
8 - 12
12 - 16
> 16

▼B

PART 10

Data for IMF purposes

Table 1.

NCB data (stocks)

	Domestic NCB	NCBs resident in other euro area Member States	ECB	Rest of the world	Not allocated
LIABILITIES
9 Deposits
ASSETS
2 Loans
of which: international reserve-related deposits held with the ECB (1)
3 Debt securities held
5 Equity
(1) This item includes the NCBs’ euro-denominated claims equivalent to the transfer of foreign currency reserves from the NCBs to the ECB.

Table 2.

Other MFIs data (stocks)

	Domestic NCB	NCBs resident in other euro area Member States	ECB	Rest of the world	Not allocated
LIABILITIES
9 Deposits
ASSETS
2 Loans
3 Debt securities held
5 Equity

PART 11

Statistics on other financial intermediaries, except insurance corporations and pension funds (excluding financial vehicle corporations)

Section 1: Reporting tables

Data to be reported for security and derivative dealers (SDDs), financial corporations engaged in lending (FCLs) and other financial intermediaries, except insurance corporations and pension funds other than SDDs and FCLs (other OFIs) are set out in the table below.

Data on SDDs, FCLs and other OFIs. Key indicators/memorandum items

Item name and maturity/geographical/sectoral breakdown	SDDs	FCLs	Other OFIs
ASSETS
Deposits/world/total	Key
Loans/world/total		Key
Loans/world/MFIs		Key
Loans/world/non-MFIs/total		Key
Loans/world/non-MFIs/non-financial corporations		Key
Loans/world/non-MFIs/households/total		Key
Loans/world/non-MFIs/households/consumer credit		Key
Loans/world/non-MFIs/households/lending for house purchase		Key
Loans/world/non-MFIs/households/other purposes (residual)		Key
Loans/domestic/total		Key
Loans/domestic/MFIs		Key
Loans/domestic/non-MFIs/total		Key
Loans/domestic/non-MFIs/non-financial corporations		Key
Loans/domestic/non-MFIs/households/total		Key
Loans/domestic/non-MFIs/households/consumer credit		Key
Loans/domestic/non-MFIs/households/lending for house purchase		Key
Loans/domestic/non-MFIs/households/other purposes (residual)		Key
Loans/euro area other than domestic/total		Key
Loans/euro area other than domestic/MFIs		Key
Loans/euro area other than domestic/non-MFIs/total		Key
Loans/euro area other than domestic/non-MFIs/non-financial corporations		Key
Loans/euro area other than domestic/non-MFIs/households/total		Key
Loans/euro area other than domestic/non-MFIs/households/consumer credit		Key
Loans/euro area other than domestic/non-MFIs/households/lending for house purchase		Key
Loans/euro area other than domestic/non-MFIs/households/other purposes (residual)		Key
Debt securities held/world/total	Key	Key
Equity/world/total	Key	Key
Investment fund shares/units/world/total	Key
Financial derivatives/world/total	Key
Remaining assets including ‘loans’/world/total	Key
Remaining assets including ‘deposits’, ‘cash’, ‘investment fund shares/units’, ‘non-financial assets’ and ‘financial derivatives’/world/total		Key
TOTAL ASSETS/LIABILITIES/world/total	Key	Key	Memo
LIABILITIES
Loans and deposits received/world/total	Key	Key
Debt securities issued/world/total	Key	Key
Capital and reserves/world/total	Key	Key
Financial derivatives/world/total	Key
Remaining liabilities/world/total	Key
Remaining liabilities including ‘financial derivatives’/world/total		Key

Section 2: Instrument categories and valuation rules

In line with the ESA 2010, in principle assets and liabilities must be valued using current market prices on the date to which the balance sheet relates. Deposits and loans must be reported at face value, excluding accrued interest.

Assets

Total assets/liabilities: total assets must equal the sum of all items separately identified on the assets side of the balance sheet and must also equal total liabilities.

1. Deposits: this item ( 15 ) consists of two main sub-categories: transferable deposits and other deposits. Holdings of currency must also be included under this item.

Valuation rules: in accordance with the general principle of accruals accounting, interest earned on deposits must be subject to on-balance-sheet recording as it accrues i.e. on an accruals basis, rather than when it is actually received or paid, i.e. on a cash basis. Accrued interest on deposits must be classified on a gross basis under the category ‘remaining assets’.

In the case of FCLs, this item should be allocated under ‘remaining assets’.

2. Loans: this item consists of:

— loans granted to households in the form of credit for consumption, i.e. loans granted for the purpose of mainly personal use in the consumption of goods and services; lending for house purchase, i.e. credit extended for the purpose of investing in houses for own use or rental, including building and refurbishments; and other, i.e. loans granted for purposes other than consumption and house purchase, such as business, debt consolidation, education, etc.,

— financial leases granted to third parties,

— bad loans that have not yet been repaid or written off,

— holdings of non-negotiable securities,

— subordinated debt in the form of loans.

For the sub-category SDDs, loans must be allocated under ‘remaining assets’.

Valuation rules: loans made by OFIs must be recorded gross of all related provisions, both general and specific, until the loans are written off by the reporting institution, at which point the loans must be removed from the balance sheet.

In accordance with the general principle of accruals accounting, interest earned on loans must be subject to on-balance-sheet recording as it accrues, i.e. on an accruals basis; rather than when it is actually received or paid, i.e. on a cash basis. Accrued interest on loans must be classified on a gross basis under the category ‘remaining assets’.

3. Debt securities: this item includes holdings of debt securities, which are negotiable financial instruments serving as evidence of debt, are usually traded on secondary markets or can be offset on the market, and do not grant the holder any ownership rights over the issuing institution. It includes traded loans which have become negotiable on an organised market, provided that there is evidence of secondary market trading, including the existence of market makers, and frequent quotation of the financial asset, such as provided by bid-offer spreads.

Valuation rules: in line with the ESA 2010, debt securities must be reported at market value.

4. Equity: equity represents property rights in corporations or quasi-corporations. Such financial assets generally entitle the holders to a share in the profits of the corporations or quasi-corporations and to a share in their net assets in the event of liquidation. Equity does not include investment fund shares/units.

This item includes:

— listed shares: equity securities listed on an exchange. Such an exchange may be a recognised stock exchange or any other form of secondary market. Listed shares are also referred to as quoted shares. The existence of quoted prices of shares listed on an exchange means that current market prices are usually readily available (ESA 2010, paragraph 5.146),

— unlisted shares: equity securities not listed on an exchange (ESA 2010, paragraph 5.147),

— other equity: all forms of equity that are not listed or unlisted shares (ESA 2010, paragraphs 5.153-5.154).

Valuation rules: in line with the ESA 2010, equity must be reported at market value.

5. Investment fund shares/units: this item includes holdings of shares/units issued by MMFs and non-MMF investment funds.

For the sub-category FCLs, investment fund shares/units must be allocated under ‘remaining assets’.

Valuation rules: in line with the ESA 2010, investment fund shares/units must be reported at market value.

6. Financial derivatives: this item includes:

— options,

— warrants,

— futures,

— forwards,

— swaps,

— credit derivatives.

In the case of FCLs, this item should be allocated under ‘remaining assets’.

Financial derivatives are recorded at market value on the balance sheet on a gross basis. Individual derivative contracts with positive market values are recorded on the asset side of the balance sheet, and contracts with negative market values on the liability side. Gross future commitments arising from derivative contracts should not be entered as on-balance-sheet items. Financial derivatives may be recorded on a net basis in accordance with different valuation methods. In the event that only net positions are available, or positions are recorded other than at market value, these positions are reported instead. This item does not include financial derivatives that are not subject to on-balance-sheet recording in accordance with national rules.

7. Remaining assets: this is the residual item on the asset side of the balance sheet, defined as ‘assets not included elsewhere’. This item comprises assets such as accrued interest receivable on loans/deposits and accrued rent on buildings, dividends to be received, amounts receivable not related to the main OFI business, gross amounts receivable in respect of suspense items, gross amounts receivable in respect of transit items, other assets not separately identified e.g. non-financial assets (including fixed assets), loans and deposits depending on the sub-category of OFI.

Liabilities

Total assets/liabilities: total liabilities must equal the sum of all items separately identified on the liability side of the balance sheet and also equal total assets (see also the asset item ‘total assets/liabilities’).

1. Loans and deposits received: this item consists of:

— deposits: transferable deposits and other deposits (see assets) placed with OFIs. These deposits are generally placed by MFIs,

— loans: loans granted to OFIs which are either evidenced by non-negotiable documents or not evidenced by documents.

2. Debt securities issued: securities issued by OFIs, other than equity, which are instruments that are usually negotiable and traded on secondary markets or which can be offset on the market and which do not grant the holder any ownership rights over the issuing institution.

3. Capital and reserves: this item comprises the amounts arising from the issue of equity capital by an OFI to shareholders or other proprietors, representing for the holder property rights in the OFI and generally an entitlement to a share in its profits and in its own funds in the event of liquidation. Funds arising from non-distributed benefits or funds set aside by the OFI in anticipation of likely future payments and obligations are also included. It includes:

— equity capital,

— non-distributed benefits or funds,

— specific and general provisions against loans, securities and other types of assets,

— operating profit/loss.

4. Financial derivatives: see the asset item ‘financial derivatives’.

5. Remaining liabilities: this is the residual item on the liabilities side of the balance sheet, defined as ‘liabilities not included elsewhere’. This item comprises liabilities such as gross amounts payable in respect of suspense items, gross amounts payable in respect of transit items, accrued interest payable on deposits, dividends to be paid, amounts payable not related to the main OFI business, provisions representing liabilities against third parties, margin payments made under derivative contracts representing cash collateral placed to protect against credit risk but remaining in the ownership of the depositor and being repayable to the depositor when the contract is closed out, net positions arising from securities lending without cash collateral, net amounts payable in respect of future settlements of transactions in securities; other liabilities not separately identified e.g. debt securities, financial derivatives depending on the sub-category of OFI.

Section 3: National explanatory notes

1. Data sources/data collection system: this must include:

— data sources used to compile OFI statistics, e.g. statistical offices, direct reporting from OFIs and/or fund managers,

— details on the collection systems, e.g. voluntary reports, business surveys, sampling, reporting subject to the existence of thresholds and grossing up.

2. Compilation procedures: the method used to compile data must be described, e.g. a detailed description of estimates/assumptions made and how series are aggregated if two series have different frequencies.

3. Legal framework: comprehensive information on the institutions’ national legal framework must be provided. Links with Union legislation must be specifically outlined. If several types of institutions are included under the same category, information must be provided for all types of institutions.

4. Deviations from the ECB’s reporting instructions: NCBs must provide information on deviations from the reporting instructions.

Deviations from the reporting instructions may occur with respect to:

— instrument breakdown: the instrument coverage may differ from the ECB’s reporting instructions, e.g. two different instruments cannot be separately identified,

— geographical breakdown,

— sectoral breakdown,

— valuation methods.

5. Reporting population: NCBs may classify in a specific OFI sub-category all institutions complying with the OFI definition. They must describe all institutions included in or excluded from each OFI sub-category. Where possible, NCBs must provide estimates of data coverage in terms of total assets of the reporting population.

6. Breaks in historical series: breaks and major changes over time in the collection, reporting coverage, reporting schemes and compilation of the historical series must be described. In the case of breaks, the extent to which old and new data may be considered comparable must be indicated.

7. Other comments: any other relevant comments or indications.

▼M1

PART 12

Securities issues statistics

Section 1: Introduction

Securities issues statistics for the euro area provide two main aggregates:

— all issues by euro area residents in any currency, and

— all issues made worldwide in euro, both domestic and international.

A principal distinction must be drawn on the basis of the residency of the issuer whereby the Eurosystem NCBs collectively cover all issues by the residents of the euro area ( 16 ). The Bank for International Settlements (BIS) reports issues by the ‘rest of the world’ (RoW), referring to all non-euro area residents (including international organisations not resident in the euro area).

The table below summarises the reporting requirements.

	Securities issues
	By euro area residents (each NCB reporting on its domestic residents)	By RoW residents (BIS/NCB)
		Non-euro area Member States	Other countries
In euro/national denominations	Block A	Block B
In other currencies (*1)	Block C	Block D not required
(*1) ‘Other currencies’ refers to all other currencies, including the national currencies of non-euro area Member States.

Section 2: Reporting requirements

Table 1

Block A reporting form for NCBs

	DOMESTIC RESIDENT ISSUERS//EURO/NATIONAL DENOMINATIONS
	Outstanding amounts	Gross issues	Redemptions	Net issues (*2)
	A1	A2	A3	A4
1. SHORT-TERM DEBT SECURITIES (*1)
Total	S1	S68	S135	S202
ECB/NCB	S2	S69	S136	S203
MFIs other than central banks	S3	S70	S137	S204
OFIs	S4	S71	S138	S205
Of which FVC	S5	S72	S139	S206
Financial auxiliaries	S6	S73	S140	S207
Captive financial institutions	S7	S74	S141	S208
Insurance corp. and pension funds	S8	S75	S142	S209
Non-financial corporations	S9	S76	S143	S210
Central government	S10	S77	S144	S211
State and local government	S11	S78	S145	S212
Social security funds	S12	S79	S146	S213

2. LONG-TERM DEBT SECURITIES (*1)
Total	S13	S80	S147	S214
ECB/NCB	S14	S81	S148	S215
MFIs other than central banks	S15	S82	S149	S216
OFIs	S16	S83	S150	S217
Of which FVC	S17	S84	S151	S218
Financial auxiliaries	S18	S85	S152	S219
Captive financial institutions	S19	S86	S153	S220
Insurance corp. and pension funds	S20	S87	S154	S221
Non-financial corporations	S21	S88	S155	S222
Central government	S22	S89	S156	S223
State and local government	S23	S90	S157	S224
Social security funds	S24	S91	S158	S225

2.1. of which fixed rate issues:
Total	S25	S92	S159	S226
ECB/NCB	S26	S93	S160	S227
MFIs other than central banks	S27	S94	S161	S228
OFIs	S28	S95	S162	S229
Of which FVC	S29	S96	S163	S230
Financial auxiliaries	S30	S97	S164	S231
Captive financial institutions	S31	S98	S165	S232
Insurance corp. and pension funds	S32	S99	S166	S233
Non-financial corporations	S33	S100	S167	S234
Central government	S34	S101	S168	S235
State and local government	S35	S102	S169	S236
Social security funds	S36	S103	S170	S237

2.2. of which floating rate issues:
Total	S37	S104	S171	S238
ECB/NCB	S38	S105	S172	S239
MFIs other than central banks	S39	S106	S173	S240
OFIs	S40	S107	S174	S241
Of which FVC	S41	S108	S175	S242
Financial auxiliaries	S42	S109	S176	S243
Captive financial institutions	S43	S110	S177	S244
Insurance corp. and pension funds	S44	S111	S178	S245
Non-financial corporations	S45	S112	S179	S246
Central government	S46	S113	S180	S247
State and local government	S47	S114	S181	S248
Social security funds	S48	S115	S182	S249

2.3. of which zero coupon bonds:
Total	S49	S116	S183	S250
ECB/NCB	S50	S117	S184	S251
MFIs other than central banks	S51	S118	S185	S252
OFIs	S52	S119	S186	S253
Of which FVC	S53	S120	S187	S254
Financial auxiliaries	S54	S121	S188	S255
Captive financial institutions	S55	S122	S189	S256
Insurance corp. and pension funds	S56	S123	S190	S257
Non-financial corporations	S57	S124	S191	S258
Central government	S58	S125	S192	S259
State and local government	S59	S126	S193	S260
Social security funds	S60	S127	S194	S261

3. LISTED SHARES (*3)
Total	S61	S128	S195	S262
ECB/NCBs	S62	S129	S196	S263
MFIs other than central banks	S63	S130	S197	S264
OFIs	S64	S131	S198	S265
Financial auxiliaries	S65	S132	S199	S266
Insurance corp. and pension funds	S66	S133	S200	S267
Non-financial corporations	S67	S134	S201	S268

(1) Debt securities other than shares refer to ‘securities other than shares, excluding financial derivatives’. (2) Net issues are only required should NCBs not be able to transmit either gross issues or redemptions. (*3) Listed shares refer to ‘listed shares excluding investment fund and money market fund shares/units’.

Table 2

Block C reporting form for NCBs

	DOMESTIC RESIDENT ISSUERS//OTHER CURRENCIES
	Outstanding amounts	Gross issues	Redemptions	Net issues
	C1	C2	C3	C4
4. SHORT-TERM DEBT SECURITIES
Total	S269	S335	S401	S467
ECB/NCB	S270	S336	S402	S468
MFIs other than central banks	S271	S337	S403	S469
OFIs	S272	S338	S404	S470
Of which FVC	S273	S339	S405	S471
Financial auxiliaries	S274	S340	S406	S472
Captive financial institutions	S275	S341	S407	S473
Insurance corp. and pension funds	S276	S342	S408	S474
Non-financial corporations	S277	S343	S409	S475
Central government	S278	S344	S410	S476
State and local government	S279	S345	S411	S477
Social security funds	S280	S346	S412	S478

5. LONG-TERM DEBT SECURITIES
Total	S281	S347	S413	S479
ECB/NCB	S282	S348	S414	S480
MFIs other than central banks	S283	S349	S415	S481
OFIs	S284	S350	S416	S482
Of which FVC	S285	S351	S417	S483
Financial auxiliaries	S286	S352	S418	S484
Captive financial institutions	S287	S353	S419	S485
Insurance corp. and pension funds	S288	S354	S420	S486
Non-financial corporations	S289	S355	S421	S487
Central government	S290	S356	S422	S488
State and local government	S291	S357	S423	S489
Social security funds	S292	S358	S424	S490

5.1. of which fixed rate issues:
Total	S293	S359	S425	S491
ECB/NCB	S294	S360	S426	S492
MFIs other than central banks	S295	S361	S427	S493
OFIs	S296	S362	S428	S494
Of which FVC	S297	S363	S429	S495
Financial auxiliaries	S298	S364	S430	S496
Captive financial institutions	S299	S365	S431	S497
Insurance corp. and pension funds	S300	S366	S432	S498
Non-financial corporations	S301	S367	S433	S499
Central government	S302	S368	S434	S500
State and local government	S303	S369	S435	S501
Social security funds	S304	S370	S436	S502

5.2. of which floating rate issues:
Total	S305	S371	S437	S503
ECB/NCB	S306	S372	S438	S504
MFIs other than central banks	S307	S373	S439	S505
OFIs	S308	S374	S440	S506
Of which FVC	S309	S375	S441	S507
Financial auxiliaries	S310	S376	S442	S508
Captive financial institutions	S311	S377	S443	S509
Insurance corp. and pension funds	S312	S378	S444	S510
Non-financial corporations	S313	S379	S445	S511
Central government	S314	S380	S446	S512
State and local government	S315	S381	S447	S513
Social security funds	S316	S382	S448	S514

5.3. of which zero coupon bonds:
Total	S317	S383	S449	S515
ECB/NCB	S318	S384	S450	S516
MFIs other than central banks	S319	S385	S451	S517
OFIs	S320	S386	S452	S518
Of which FVC	S321	S387	S453	S519
Financial auxiliaries	S322	S388	S454	S520
Captive financial institutions	S323	S389	S455	S521
Insurance corp. and pension funds	S324	S390	S456	S522
Non-financial corporations	S325	S391	S457	S523
Central government	S326	S392	S458	S524
State and local government	S327	S393	S459	S525
Social security funds	S328	S394	S460	S526

6. LISTED SHARES
Total	S329	S395	S461	S527
MFIs other than central banks	S330	S396	S462	S528
OFIs	S331	S397	S463	S529
Financial auxiliaries	S332	S398	S464	S530
Insurance corp. and pension funds	S333	S399	S465	S531
Non-financial corporations	S334	S400	S466	S532

Table 3

Block A memorandum items reporting form for NCBs

	DOMESTIC RESIDENT ISSUERS//EURO/NATIONAL DENOMINATIONS
	Outstanding amounts	Gross issues	Redemptions	Net issues
	A1	A2	A3	A4
6. LISTED SHARES
Captive financial institutions	S533	S544	S555	S566

7. UNLISTED SHARES
Total	S534	S545	S556	S567
MFIs other than central banks	S535	S546	S557	S568
OFIs	S536	S547	S558	S569
Insurance corp. and pension funds	S537	S548	S559	S570
Non-financial corporations	S538	S549	S560	S571

8. OTHER EQUITY
Total	S539	S550	S561	S572
MFIs other than central banks	S540	S551	S562	S573
OFIs	S541	S552	S563	S574
Insurance corp. and pension funds	S542	S553	S564	S575
Non-financial corporations	S543	S554	S565	S576

1. Residency of the issuer

Issues by subsidiaries owned by the reporting country's non-residents operating in the reporting country's economic territory must be classified as issues by the reporting country's resident units.

Issues by head offices located in the reporting country's economic territory which operate internationally must also be considered as issues by resident units. Issues by head offices or subsidiaries located outside the reporting country's economic territory but owned by residents of the reporting country must be considered as issues by non-residents. For example, issues by Volkswagen Brazil are considered to have been carried out by units resident in Brazil and not in the reporting country's territory. In the absence of any physical dimension to an enterprise, its residence is determined according to the economic territory under whose laws the enterprise is incorporated or registered ( 17 ).

To avoid double counting or gaps, the reporting of issues by special purpose entities (SPEs) must be addressed bilaterally, involving the reporters concerned. The NCBs, and not the BIS, must report issues by SPEs which fulfil the residency criteria of the ESA 2010 and are classified as euro area residents.

2. Sectoral breakdown of issuers

Issues must be classified according to the sector incurring the liability for the securities issued. The sectoral classification comprises the following 12 types of issuers:

— ECB/NCBs,

— other MFIs,

— OFIs,

— of which financial vehicle corporations engaged in securitisation,

— financial auxiliaries,

— captive financial institutions,

— insurance corporations and pension funds ( 18 ),

— non-financial corporations,

— central government,

— State and local government,

— social security funds,

— international institutions.

Securities issued through SPEs where the ultimate liability for the issue is incurred by the parent organisation and not the SPE must be attributed to the parent organisation and not the SPE. For example, issues by an SPE of ‘AJAX Electronics’, a non-financial corporation located in the euro area country ‘Country A’, would have to be allocated to the non-financial corporation sector and reported by Country A. However, the SPE and its parent must be resident in the same country. Hence, where the parent company is not a resident of the reporting country, the SPE must be treated as a notional resident of the reporting country, and the issuing sector must be aligned with the economic function of the SPE. For example, if ‘ACME Motors’ was a non-financial corporation resident in Japan producing automobiles and ‘ACME Motor Finance’ was a subsidiary resident in euro area country ‘Country B’, issues by ACME Motor Finance would have to be attributed to captive financial institutions of Country B, because the parent company ACME Motors is not resident in the same country. The only exception to this is the case of SPEs owned by government, in which case the security is recorded as being issued by the government in the country of the parent organisation ( 19 ).

A public corporation that becomes privatised by issuing listed shares must be allocated to the non-financial corporation sector. Similarly, a public credit institution (CI) that is privatised must be allocated to the MFIs other than central banks sector. Issues by households or non-profit institutions serving households must be classified as issues by non-financial corporations.

3. Maturity of issues

Short-term debt securities comprise securities that have an original maturity of one year or less, even if they are issued under longer-term facilities.

Long-term debt securities comprise securities that have an original maturity of more than one year. Issues with optional maturity dates, the latest of which is more than one year away, and issues with indefinite maturity dates, are classified as long-term.

A two-year maturity split, as in the MFI balance sheet statistics, is not required.

4. Classification of long-term debt securities by interest rate

Long-term debt securities are divided into:

Fixed interest rate debt securities, i.e. debt securities which are issued and redeemed at par value and debt securities issued at a discount or premium to their par value.

Variable interest rate debt securities, i.e. debt securities where the coupon rate and/or underlying principal is linked to a general price index for goods and services (such as the consumer price index), an interest rate, or an asset price resulting in a variable nominal coupon payment over the life of the issue. For the purposes of securities issues statistics, mixed interest rate debt securities are classified as variable interest rate ( 20 ).

Zero coupon bonds issued at discount, i.e. instruments that have no interest payments and are issued at a considerable discount to par value. Most of the discount represents the equivalent of the interest accrued during the life of the bond.

5. Classification of issues

Issues are analysed under two broad groupings: (a) debt securities ( 21 ), and (b) listed shares ( 22 ). Securities issued via private placement are covered as far as possible. Money market paper is included indistinguishably as part of debt securities. Unlisted shares ( 23 ) and other equity ( 24 ) may be reported on a voluntary basis as two separate memorandum items. Shares/units issued by money market funds and other investment funds are excluded.

The following is a non-exhaustive list of instruments covered in in the securities issues statistics:

(a) Debt securities

(i) Short-term debt securities

The following instruments are included as a minimum.

— Treasury bills and other short-term paper issued by general government.

— Negotiable short-term paper issued by financial and by non-financial corporations. A variety of terms are used for such paper including commercial paper, commercial bills, promissory notes, bills of trade, bills of exchange and certificates of deposit.

— Short-term securities issued under long-term underwritten note issuance facilities.

— Bankers' acceptances.

(ii) Long-term debt securities

The following instruments are illustrative and included as a minimum.

— Bearer bonds.

— Subordinated bonds.

— Bonds with optional maturity dates, the latest of which is more than one year away.

— Undated or perpetual bonds.

— Variable rate notes.

— Convertible bonds.

— Covered bonds.

— Index-linked securities where the value of the principal is linked to a price index, the price of a commodity or an exchange rate index.

— Deep-discounted bonds, which have small coupon payments and are issued at a discount to face value.

— Zero coupon bonds.

— Euro bonds.

— Global bonds.

— Privately issued bonds.

— Securities resulting from the conversion of loans.

— Loans that have become negotiable de facto.

— Debentures and loan stock convertible into shares, whether shares of the issuing corporation or shares of another company, so long as they have not been converted. Where separable from the underlying bond, the conversion option, which is considered to be a financial derivative, is excluded.

— Shares or stocks that pay a fixed income but do not provide for participation in the distribution of the residual value of the corporation on dissolution, including non-participating preference shares.

— Financial assets issued as part of the securitisation of loans, mortgages, credit card debt, accounts receivable and other assets.

The following instruments are excluded:

— transactions in securities as part of repurchase agreements,

— issues of non-negotiable securities,

— non-negotiable loans.

(b) Listed shares

Listed shares include the following.

— Capital shares issued by limited liability companies.

— Redeemed shares in limited liability companies.

— Dividend shares issued by limited liability companies.

— Preferred or preference stocks or shares which provide for participation in the distribution of the residual value on dissolution of a corporation. These may be listed or unlisted on a recognised exchange.

— Private placements where possible.

— If a company is privatised and the government keeps part of the shares of the privatised company but the rest are quoted on a regulated market, the whole value of the company's capital is recorded within the outstanding amounts of listed shares, since all shares could potentially be traded at any time at market value. The same applies if part of the shares is sold to large investors and only the remaining part, i.e. the free float, is traded on the stock exchange.

Listed shares exclude:

— shares offered for sale but not taken up on issue,

— debentures and loan stock convertible into shares, which are included once they are converted into shares,

— the equity of partners with unlimited liability in incorporated partnerships,

— government investments in the capital of international organisations that are legally constituted as corporations with share capital,

— issues of bonus shares at the time of issue only and split share issues; bonus shares and split shares are however included indistinguishably in the total stock of listed shares.

6. Currency of issue

Dual currency bonds must be classified according to the denomination of the bond. Dual currency bonds are defined as bonds that are scheduled to be redeemed or the coupon paid in a different currency from the denomination of the bond. If a global bond is issued in more than one currency, each portion must be reported as a separate issue, according to its currency of issue. Where issues are denominated in two currencies, e.g. 70 % in euro and 30 % in US dollars, the relevant components of the issue must be reported separately where possible according to the currency denomination. Hence, in the given example 70 % of the issue must be reported as issues in euro/national denominations ( 25 ) and 30 % as issues in other currencies. Where it is not possible to separately identify the currency components of an issue, the actual breakdown made by the reporting country must be indicated in the national explanatory notes.

7. Time of recording issue

An issue is considered to have occurred when the issuer receives payment, and not when the syndicate takes up the commitment.

8. Reconciliation of stocks and flows

NCBs must submit information on outstanding amounts, gross issues, redemptions and net issues of short-term and long-term debt securities and on listed shares.

The table below illustrates the link between stocks (i.e. outstanding amounts) and flows (i.e. gross issues, redemptions and net issues). In practice, the link is more complex due to price and exchange rate valuation changes, reinvested (i.e. accrued) interest, reclassifications, revisions and other adjustments.

(i)	Outstanding issues at end of reporting period	≈	Outstanding issues at end of previous reporting period	+	Gross issues during reporting period	–	Redemptions during reporting period	+	Reclassifications and other changes
(ii)	Outstanding issues at end of reporting period	≈	Outstanding issues at end of previous reporting period	+	Net issues during reporting period			+	Reclassifications and other changes

(a) Gross issues

Gross issues during the reporting period must include all issues of debt securities and listed shares where the issuer sells newly-created securities for cash. They concern the regular creation of new instruments. The point in time at which issues have been concluded is defined as the time at which payment is made; the recording of issues must therefore reflect as closely as possible the timing of payment for the underlying issue.

For listed shares, gross issues cover newly-created shares which are issued for cash by corporations listed on a stock exchange for the first time, including newly-created companies or private companies becoming public companies. Gross issues also cover newly-created shares which are issued against cash during the privatisation of public corporations when the corporation's shares are listed on a stock exchange. The issue of bonus shares must be excluded ( 26 ). Gross issues must not be reported in the event of a sole listing of a corporation on a stock exchange where no new capital is raised.

The exchange or transfer of existing securities during a takeover or merger is not covered ( 27 ) within the reported gross issues or redemptions, except for new instruments which are created and issued against cash by a euro area resident entity.

Issues of securities which can later be converted into other instruments must be recorded as issues in their original instrument category; on conversion they are to be recorded as having been redeemed from this instrument category, with an identical amount then treated as gross issues in a new category ( 28 ).

(b) Redemptions

Redemptions during the reporting period cover all repurchases of debt securities and listed shares by the issuer, where the investor receives cash for the securities. Redemptions concern the regular deletion of instruments. They cover all debt securities reaching their maturity date, as well as early redemptions. Company share buy-backs are covered if the company either repurchases all shares against cash prior to a change of its legal form, or repurchases part of its shares against cash and subsequently cancels them, leading to a reduction in capital. Company share buy-backs are not covered if they represent investments by a company in its own shares ( 29 ).

Redemptions must not be reported in the event of a sole delisting from a stock exchange.

Net issues are the balance of all gross issues made minus all redemptions that have occurred during the reporting period.

The outstanding amounts of listed shares must cover the market value of all the listed shares of the resident entities. The outstanding amounts of listed shares reported by a euro area country may therefore increase or decrease following relocation of a listed entity. This also applies in the event of a takeover or merger where no instruments are created and issued against cash and/or redeemed against cash and cancelled. To avoid double counting or gaps for debt securities and listed shares in the event of an issuer relocating to another resident country, the relevant NCBs must coordinate the timing of reporting of such an event bilaterally.

9. Valuation

The value of a securities issue comprises a price component and, where an issue is denominated in a currency other than the reporting currency, an exchange rate component.

NCBs must report short-term debt securities at face value ( 30 ) and listed shares at market value. For long-term debt securities different methods may be used for valuation depending on the interest rate type, resulting in a mixed valuation for the total. For example, fixed interest rate and variable interest rate issues are typically valued at face value, and zero coupon bonds at the nominal value. Generally, the relative amount of zero coupon bonds is small, so that no provision for a mixed valuation value is made in the code list; the total amount of long-term debt securities is reported at face value. Where the magnitude of the phenomenon is significant, the value ‘Z’ for ‘not specified’ is used. In general, whenever there is a situation where mixed valuation occurs, details are provided by the NCB at the attribute level in accordance with the attributes in Annex III.

(a) Price valuation

Stocks and flows of listed shares must be reported at market value.

An exception to the recording of stocks and flows of debt securities at face value is made in respect of deep-discounted and zero coupon bonds, where the outstanding amounts and gross issues are recorded at the nominal value, i.e. the discounted price at the time of issue plus accrued interest, and the redemptions at maturity at face value. The nominal value of the outstanding amounts of zero coupon bonds can be calculated as shown below.

where

A = nominal value = effective amount paid and accrued interest

E = discounted price at time at issue (amount paid at the time of issuance)

P = face value (repaid at end of maturity)

T = time to maturity from issue date (in days)

t = time passed since issue date (in days)

There may be certain differences in the price valuation procedure used across countries.

The ESA 2010 price valuation approach, which requires flows for debt securities and shares to be recorded at transaction value and stocks at market value, is not applied in this context.

For deep-discounted and zero coupon bonds, the reporting NCB must calculate accrued interest where feasible.

(b) Reporting currency and exchange rate valuation

NCBs must report all data to the ECB expressed in euro, including historical series. For the conversion into euro of securities issued by domestic residents in other currencies (Block C) ( 31 ), NCBs must follow as closely as possible the exchange rate valuation principles based on the ESA 2010 ( 32 ), as set out below.

(i) Outstanding issues must be converted into euro/national denominations at the relevant mid-market exchange rate prevailing at the end of the reporting period, i.e. the close of business on the last working day of the reporting period.

(ii) Gross issues and redemptions must be converted into euro/national denominations using the mid-market exchange rate prevailing at the time of payment. If it is not possible to identify the exact exchange rate applicable for the conversion, an exchange rate that is as close as possible to the mid-market rate at the time of payment may be used.

10. Conceptual consistency

Securities issues statistics and MFI balance sheet statistics are linked for the purpose of issues of negotiable instruments by MFIs. The coverage of instruments and of the MFIs that issue them are conceptually consistent, as well as the allocation of instruments to maturity bands and the currency breakdown. Differences between securities issues statistics and MFI balance sheet statistics exist regarding the valuation principles (i.e. with respect to debt securities, face value for the former and market value for the latter). Except for valuation differences and the netting of own holdings of securities on the balance sheet of MFIs for each country, the outstanding amount of securities issued by MFIs reported for securities issues statistics corresponds to item 11 (‘debt securities issued’) on the liability side of the MFI balance sheet. Short-term debt securities as defined for securities issues statistics correspond to debt securities issued up to one year. Long-term debt securities as defined for securities issues statistics equal the sum of debt securities issued over one and up to two years and debt securities issued over two years.

NCBs must review the coverage of the securities issues statistics and the MFI balance sheet statistics and indicate any conceptual differences to the ECB. Three types of consistency checks are performed in respect of issues by: (a) NCBs in euro/national denominations; (b) MFIs other than central banks in euro/national denominations; and (c) MFIs other than central banks in other currencies. Conceptual differences may arise between securities issue statistics and MFI balance sheet statistics, since the securities issues statistics and the MFI balance sheet statistics are derived from national reporting systems with different purposes.

11. Data requirements

Statistical returns are expected from each country for each applicable time series. NCBs must notify the ECB promptly in writing with explanations if a particular item does not apply in a particular country. NCBs may be temporarily exempted from the reporting of a time series if the underlying phenomenon does not exist. NCBs must also notify this occurrence or any other departures from the reporting scheme described in Annex III. Furthermore, they must inform the ECB when revisions are sent together with explanations on the nature of these revisions.

Section 3: National explanatory notes

Each NCB must submit a report describing the data provided in the context of this exercise. The report must cover the topics detailed below and follow the proposed layout as closely as possible. NCBs must provide additional information on instances where data reported do not comply with this Guideline, or where they have not provided the data, and the reasons for this. The report must not be submitted later than the data.

Data sources/data collection system : details of the data sources used to compile securities issues statistics must be given: administrative sources for government issues, direct reporting from MFIs and other institutions, newspapers, and data providers such as the International Financial Review etc. NCBs must indicate whether the data are collected and stored on an issue-by-issue basis, and their criteria. Alternatively, NCBs must indicate whether the data are collected and stored indistinguishably as amounts issued by individual issuers during a reporting period, e.g. for direct data collection systems. NCBs must provide information on the criteria used in direct reporting to identify the reporting agents and the information to be submitted.

2.	Compilation procedures : the method used to compile data in this exercise must be briefly described, e.g. aggregation of information on individual securities issues, arrangements for existing time series and whether published or not.

3.	Residence of the issuer : NCBs must specify whether it is possible to fully apply the ESA 2010 (and IMF) definition of residency in classifying issues. If this is not possible, or only partially possible, NCBs must provide a full explanation of the criteria actually used.

4.	Sectoral breakdown of issuers : NCBs must indicate deviations from the classification of issuers according to the sectoral breakdown defined in Section 2 point 2. The notes must explain the identified deviations and any grey areas.

Currency of issue : if it is not possible to separately identify the currency components of an issue, NCBs must explain deviations from the rules. Furthermore, NCBs that cannot distinguish for all securities between issues in local denominations, in other euro/national denominations and in other currencies, must describe where such issues have been classified and indicate the total amount of issues that were not properly allocated to illustrate the size of the distortion.

Classification of issues :

NCBs must provide comprehensive information on the type of securities covered by the national data, including their national terms. If coverage is known to be partial, NCBs must explain existing gaps. In particular, NCBs must provide the information set out below.

—	Private placements : NCBs must indicate whether or not they are covered in the reported data.

—	Bankers' acceptances : if negotiable and included in the reported data for short-term debt securities, the reporting NCB must explain in the national explanatory notes the national procedures for recording these instruments and their nature.

—

Listed shares : NCBs must indicate whether unlisted shares or other equity are covered in the reported data with an estimate of the amount of unlisted shares and/or other equity to illustrate the size of the distortion. NCBs must indicate in the national explanatory notes any known gaps in the coverage of listed shares.

7.	Instrument analysis of long-term debt securities : if the sum of fixed rate, variable rate and zero coupon bonds does not add up to the total for long-term debt securities, NCBs must give the type and amount of long-term securities for which no such breakdown is available.

8.	Maturity of issues : if the strict application of the short and long-term debt security definitions cannot be followed, NCBs must indicate where the reported data deviate.

9.	Redemptions : NCBs must specify how they derive the information on redemptions and whether the information is collected by direct reporting or calculated by residual.

10.	Price valuation : NCBs must specify in detail in the national explanatory notes the valuation procedure used for (a) short-term debt securities; (b) long-term debt securities; (c) discounted bonds; and (d) listed shares. Any valuation difference for stocks and flows must be explained.

11.

Reporting frequency, timeliness and time range : NCBs must specify the extent to which the data compiled for this exercise has been provided in conformity with the user requirements, i.e. with a timeliness of five weeks for monthly data. The length of the time series provided must also be given. Any breaks in the series must be reported, e.g. differences in the coverage of securities over time.

12.	Revisions : NCBs must provide brief explanatory notes for any revisions and clarify the reason for them and their extent.

13.

Estimated coverage per instrument issued by domestic residents : NCBs must give national estimates of the coverage of securities for each category of issues by domestic residents, i.e. issues of short-term securities, long-term securities, and listed shares, in local currency, other euro/national denominations including ECU, and other currencies in accordance with the table below. The estimates for ‘coverage in %’ must indicate the share of securities covered in each instrument category as percentages of the total issue, which must be reported under the relevant heading following the reporting rules. Brief descriptions may be provided in ‘comments’. NCBs must also indicate any changes in coverage as a result of joining the monetary union.

			Coverage in %:	Comments:
Issues in euro/national denominations	Local denomination	STS
		LTS
		QUS
	Euro/national denominations other than the local currency including ECU	STS
		LTS
In other currencies		STS
In other currencies		LTS
STS = short-term debt securities. LTS = long-term debt securities. QUS = listed shares.

Section 4: Requirements for the Bank for International Settlements

The reporting requirements for the BIS follow the same principles as those for NCBs outlined in sections 1-3, except for the following:

Table 4

Block B Reporting form for the BIS

	ROW RESIDENT ISSUERS//EURO/NATIONAL DENOMINATIONS
	Outstanding amounts	Gross issues	Redemptions
	B1	B2	B3
9. SHORT-TERM DEBT SECURITIES
Total	S577	S642	S707
NCB	S578	S643	S708
MFIs other than central banks	S579	S644	S709
OFIs	S580	S645	S710
Of which FVC	S581	S646	S711
Financial auxiliaries	S582	S647	S712
Captive financial institutions	S583	S648	S713
Insurance corp. and pension funds	S584	S649	S714
Non-financial corporations	S585	S650	S715
Central government	S586	S651	S716
State and local government	S587	S652	S717
Social security funds	S588	S653	S718
International organisations	S589	S654	S719

10. LONG-TERM DEBT SECURITIES
Total	S590	S655	S720
NCB	S591	S656	S721
MFIs other than central banks	S592	S657	S722
OFIs	S593	S658	S723
Of which FVC	S594	S659	S724
Financial auxiliaries	S595	S660	S725
Captive financial institutions	S596	S661	S726
Insurance corp. and pension funds	S597	S662	S727
Non-financial corporations	S598	S663	S728
Central government	S599	S664	S729
State and local government	S600	S665	S730
Social security funds	S601	S666	S731
International organisations	S602	S667	S732

10.1. of which fixed rate issues:
Total	S603	S668	S733
NCB	S604	S669	S734
MFIs other than central banks	S605	S670	S735
OFIs	S606	S671	S736
Of which FVC	S607	S672	S737
Financial auxiliaries	S608	S673	S738
Captive financial institutions	S609	S674	S739
Insurance corp. and pension funds	S610	S675	S740
Non-financial corporations	S611	S676	S741
Central government	S612	S677	S742
State and local government	S613	S678	S743
Social security funds	S614	S679	S744
International organisations	S615	S680	S745

10.2. of which floating rate issues:
Total	S616	S681	S746
NCB	S617	S682	S747
MFIs other than central banks	S618	S683	S748
OFIs	S619	S684	S749
Of which FVC	S620	S685	S750
Financial auxiliaries	S621	S686	S751
Captive financial institutions	S622	S687	S752
Insurance corp. and pension funds	S623	S688	S753
Non-financial corporations	S624	S689	S754
Central government	S625	S690	S755
State and local government	S626	S691	S756
Social security funds	S627	S692	S757
International organisations	S628	S693	S758

10.3. of which zero coupon bonds:
Total	S629	S694	S759
NCB	S630	S695	S760
MFIs other than central banks	S631	S696	S761
OFIs	S632	S697	S762
Of which FVC	S633	S698	S763
Financial auxiliaries	S634	S699	S764
Captive financial institutions	S635	S700	S765
Insurance corp. and pension funds	S636	S701	S766
Non-financial corporations	S637	S702	S767
Central government	S638	S703	S768
State and local government	S639	S704	S769
Social security funds	S640	S705	S770
International organisations	S641	S706	S771

Maturity of issues

With regard to maturity, the BIS considers all euro commercial paper ECP and other euro notes drawn under a short-term programme as short-term instruments, and all instruments issued under long-term documentation as long-term instruments whatever their original maturity.

Sectoral breakdown of issuers

The BIS follows the mappings between the sectoral breakdown of issuers available in the BIS database and those requested in the report forms, as shown in the table below.

Sectoral breakdown in BIS database		Classification in report forms
Central bank	→	NCB and ECB
Commercial banks	→	MFIs
OFI	→	OFIs
Central government	→	Central government
Other government State agencies	→	State and local government
Corporations	→	Non-financial corporations
International institutions	→	International institutions (RoW)

Classification of issues

The following instruments contained in the BIS database are classified as debt securities in the securities issues statistics:

— certificates of deposit,

— commercial paper,

— treasury bills,

— bonds,

— euro commercial paper,

— medium-term notes,

— other short-term paper.

Valuation

Current BIS valuation rules are face value for debt securities and issue price for listed shares.

The BIS reports to the ECB all issues by RoW residents in euro/national denominations (Block B) in US dollars using the end-of-period exchange rate for amounts outstanding and the period's average exchange rate for issues and redemptions. The ECB converts all data into euro using the same principle as initially applied by the BIS. For periods prior to 1 January 1999, the exchange rate between the ECU and the US dollar must be used as a proxy.

▼B

PART 13

Additional monthly MFI interest rate statistics (to be transmitted to the ECB by close of business on the 19th working day after the end of the reference month)

Table 1.

New loans to non-financial corporations

	Sector	Type of instrument	Initial period of interest rate fixation	New business indicator	Reporting obligation
Loans in EUR	To non-financial corporations	Loans up to an amount of EUR 1 million	Floating rate and up to 1 year period of initial rate fixation	24	AAR/NDER, amount
			Over 1 and up to 5 years period of initial rate fixation	25	AAR/NDER, amount
			Over 5 years period of initial rate fixation	26	AAR/NDER, amount
		Loans over an amount of EUR 1 million	Floating rate and up to 1 year period of initial rate fixation	27	AAR/NDER, amount
			Over 1 and up to 5 years period of initial rate fixation	28	AAR/NDER, amount
			Over 5 years period of initial rate fixation	29	AAR/NDER, amount

1. For the purpose of MFI interest rate statistics, new loans to non-financial corporations comprise all loans other than revolving loans and overdrafts and credit card debt, as defined in Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34). An annualised agreed rate (AAR) or narrowly defined effective rate (NDER) is reported for all the categories included in Table 1. The reporting of the AAR/NDER is accompanied by the related new business volumes. Indicators 24 to 29 are calculated on the basis of items 37 to 54 in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34). Interest rates are calculated as weighted averages of the corresponding items in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), while new business volumes should be the sum of the corresponding items in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34).

Table 2.

Revolving loans and overdrafts and convenience and extended credit card credit

	Sector	Type of instrument	New business indicator	Reporting obligation
Loans in EUR	To households	Revolving loans and overdrafts, convenience and extended credit card credit	86	AAR/NDER, amount
Loans in EUR	To non-financial corporations	Revolving loans and overdrafts, convenience and extended credit card credit	87	AAR/NDER, amount

2. For the purpose of MFI interest rate statistics, revolving loans and overdrafts and convenience and extended credit card credit have the same meaning as defined in Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33), regardless of their initial period of interest rate fixation. Penalties on overdrafts applied as component of other charges, e.g. in the form of special fees, are not covered by the AAR as defined in Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34). An AAR or NDER is reported for the categories included in Table 2. The reporting of the AAR/NDER is accompanied by the related new business volumes.

3. In the case of revolving loans and overdrafts and convenience and extended credit card credit, the concept of new business volumes is equivalent to outstanding amounts. Indicators 86 and 87 are calculated on the basis of items 12, 23, 32 and 36 in Appendix 2 of Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), and the outstanding amounts reported for convenience and extended credit card credit and revolving loans and overdrafts in accordance with Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33). Interest rates are calculated as weighted averages of the corresponding items in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), taking a zero interest rate for convenience credit card credit. Indicators 86 and 87 are intended to provide continuity with the indicators 12 and 23 (‘overdrafts’) as previously defined in Regulation (EC) No 63/2002 of the European Central Bank (ECB/2001/18) ( 33 ), i.e. prior to their amendment by Regulation (EC) No 290/2009 of the European Central Bank (ECB/2009/7) ( 34 ).

Table 3.

Interest rates on renegotiated loans to households and non-financial corporations

	Sector	Type of instrument	Original maturity, period of notice, initial period of interest rate fixation	New business indicator	Reporting obligation
Renegotiated loans in EUR	To households	For consumption	total	88	AAR/NDER
		For house purchase	total	89	AAR/NDER
		For other purposes	total	90	AAR/NDER
	To non-financial corporations		total	91	AAR/NDER

4. For the purpose of MFI interest rate statistics, renegotiated loans to households and non-financial corporations comprise all new business loans, other than revolving loans and overdrafts and credit card debt, which have been granted but not yet repaid at the time they are renegotiated. In respect of loans transferred from another institution, renegotiation refers to new business loans that were granted by the institution selling or handing over the loan. Only an AAR or NDER is reported for the categories included in Table 3 on a best efforts basis in addition to the volumes required under Regulation (EU) No 1072/2013 (ECB/2013/34).

PART 14

Selection of the actual reporting population and maintenance of the sample for MFI interest rate statistics

Section 1: Selection of the actual reporting population

1. Overall selection procedure

1. NCBs apply the procedure illustrated in the figure below to select the reporting agents for the collection of MFI interest rate statistics in accordance with Regulation (EU) No 1072/2013 (ECB/2013/34). This procedure is defined as follows:

2. Census or sample

2. Each NCB selects its reporting agents from among the MFIs, except central banks and MMFs, in the reference reporting population that are resident in the same euro area Member State as the NCB.

3. In order to select the reporting agents, NCBs must either apply a census or follow a sampling approach in line with the criteria established in the following paragraphs.

4. In the case of a census, the NCB asks each resident MFI in the reference reporting population to report MFI interest rate statistics. The variables to be collected by means of the census are the interest rates and the amounts of new business and the interest rates on outstanding amounts.

5. In the case of a sample, only a selection of the MFIs in the reference reporting population will be asked to report. The variables to be estimated by means of the sample are the interest rates and the amounts of new business and the interest rates on outstanding amounts. They are referred to as sampling variables. In order to minimise the risk that the results of a sample survey deviate from the true (unknown) values in the reference reporting population, the sample should be constructed in such a way that it is representative of the reference reporting population. For the purpose of MFI interest rate statistics a sample is considered representative if all the characteristics that are relevant for MFI interest rate statistics and inherent in the reference reporting population are also reflected in the sample. To draw the initial sample, NCBs may use suitable proxies and models to produce the sampling scheme even if the underlying data, which are derived from existing sources, do not match perfectly the definitions in Regulation (EU) No 1072/2013 (ECB/2013/34).

3. Stratification of the reference reporting population

6. In order to ensure that the sample is representative, each NCB that chooses the sampling approach for MFI interest rate statistics should suitably stratify the reference reporting population prior to the selection of any reporting agents. Stratification implies that the reference reporting population N is subdivided into sub-populations or strata N1, N2, N3… NL. These subdivisions into sub-populations or strata must not overlap and together comprise the reference reporting population:

N1 + N2 + N3 + … + NL = N

7. NCBs define stratification criteria that allow the subdivision of the reference reporting population into homogeneous strata. Strata are considered homogeneous if the sum of the intra-stratum variances of the sampling variables is substantially lower than the total variance in the entire actual reporting population ( 35 ). The stratification criteria are linked to MFI interest rate statistics, i.e. there is a relationship between the stratification criteria and the interest rates and amounts to be estimated from the sample.

8. Each NCB that chooses the sampling approach must identify at least one stratification criterion to ensure that the sample of MFIs is representative of the euro area Member State and the sampling error is small. Ideally NCBs define a hierarchy of stratification criteria. These must take national circumstances into account and hence be specific to each euro area Member State.

9. The selection of the reporting agents takes place in the form of single-stage sampling after all strata have been defined. Only at this stage are reporting agents drawn from the reference reporting population. No intermediate drawing should be carried out.

4. Allocation of sample across strata and selection of reporting agents

10. After defining the national strata in accordance with paragraphs 6 and 7, NCBs that choose the sampling approach draw the sample by selecting the actual reporting agents from each stratum. The total national sample size n is the sum of the sample sizes n1, n2, n3, …, nL for each of the strata:

n1 + n2 + n3 + … + nL = n.

11. Each NCB chooses the most appropriate allocation of the national sample size n among the strata. Hence for each stratum NCBs define how many reporting agents nh are drawn from the total of MFIs, Nh. The sampling rate nh/Nh for each stratum h permits the estimation of the variance of each stratum. This implies that at least two reporting agents are selected from each stratum.

12. In order to select the actual reporting agents within each stratum, NCBs either include all institutions in the stratum, carry out random sampling or select the largest institutions per stratum. In the case of a random sample, the random drawing of the institutions within each stratum is either carried out with equal probability for all institutions or with probability proportional to the size of the institution. NCBs using random sampling or selection of the largest institutions may choose to include all institutions for some strata.

13. Information about the size of each credit institution and other institutions in the reference reporting population is available at national level from the MFI balance sheet statistics collected in accordance with Regulation (EU) No 1071/2013 (ECB/2013/33). NCBs must use total euro-denominated deposits and loans vis-à-vis households and non-financial corporations resident in the euro area Member States, which is that part of the balance sheet that is relevant for MFI interest rate statistics, or a close proxy.

14. MFI interest rate statistics must be based on a selection without replacement, i.e. each MFI in the reference reporting population may only be selected once.

15. If an NCB decides on a census of all MFIs in a stratum, the NCB may sample in that stratum at the level of branches. The precondition is that the NCB has a full list of branches that covers all the business of the credit and other institutions in the stratum, and has appropriate data in order to be able to assess the variance of interest rates on new business vis-à-vis households and non-financial corporations across branches. For the selection and maintenance of the branches all of the requirements laid down in this Guideline apply. The selected branches become notional reporting agents subject to all of the reporting requirements laid down in Annex I of Regulation (EU) No 1072/2013 (ECB/2013/34). This procedure is without prejudice to the obligation of each MFI to which branches belong, to be reporting agents.

5. Minimum national sample size

16. The minimum national sample size is defined differently depending on whether the NCB applies random sampling or selects the largest institutions per stratum.

17. If an NCB applies random sampling in the selection of the actual reporting institutions, the minimum national sample size should be such that the maximum random error for interest rates on new business on average over all instrument categories does not exceed 10 basis points at a confidence level of 90 % ( 36 ).

18. The maximum random error is defined as , with D as the maximum random error, zα/2 as the factor computed from the normal distribution or any suitable distribution according to the structure of the data (e.g. t-distribution) assuming a confidence level 1-α, where var( ) is the variance of the estimator of parameter θ, and var( ) is the estimated variance of the estimator of parameter θ.

19. If an NCB selects the largest institution per stratum, the sample quality should be based on a synthetic mean absolute error (MAE) measure. The actual synthetic MAE should not exceed a time-varying MAE threshold assuming a 10 basis points error difference in each stratum and indicator.

20. The synthetic MAES for a given estimator in a particular period should be defined as:

with:

MAES ( )

as the synthetic MAE

Bc, Bk

as the volume in a particular MFI interest rate category

ic1	as the average interest rate estimated in category c as the MAE for a given MFI interest rate category on the basis of estimator j

Bj0	as the volume corresponding to the actual non-reporting in a particular stratum j

Bj1	as the volume corresponding to the actual reporting in a particular stratum j. If sampling is applied Bj 1 refers to the grossed up volumes. The process of grossing up is further described in Section 4

B	as the total volume for all strata, i.e. the sum of Bj 0 and Bj 1 across all strata as the estimation of the total error within a stratum j

ij1	as the weighted average interest rate corresponding to the actual reporting in a particular stratum j

j 0	as the value of the estimator for the take-none sub-stratum of stratum j.

In the event of zero volume coverage in one of the reported strata, the average of the other stratum should be used to avoid a MAE equal to zero.

as the average of the first and third quartiles within the stratum, which are defined as the interest rate reported for the MFI interest rate category for which 25 % (and 75 % respectively) of the reported interest rates are lower than that number. The first and third quartiles are calculated by previously weighting the volume in that category by the institutions in the stratum. Hence, the average between the two MAE estimators — the first and the third quartiles — is used as an estimation for the parameter ( 37 ).

21. The maximum random error and the synthetic MAE are separately calculated for new business and outstanding amounts. For new business, the maximum random error and the synthetic MAE should be calculated on the basis of indicators 1 to 11, 13 to 22, and 24 to 29 as described in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34). For outstanding amounts, the maximum random error and the synthetic MAE should be calculated on the basis of indicators 1 to 14 as described in Appendix 1 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34).

22. The minimum national sample size refers both to the minimum initial sample and to the minimum sample after maintenance as defined in the next section on maintenance of the sample of the actual reporting population. Due to mergers and leavers, the sample may reduce in size over time until the next maintenance period.

23. NCBs may select more reporting agents than defined as the minimum national sample size, in particular where necessary to increase the representativity of the national sample in the light of the structure of the national financial system.

24. There needs to be consistency between the number of MFIs in the reference reporting population and the minimum sample size. NCBs may allow MFIs which are resident within a single euro area Member State and individually included in the list of MFIs as established and updated in accordance with the classification principles set out in Section 1 of Part 1 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) to report MFI interest rate statistics together as a group. The group becomes a notional reporting agent. This means that the group reports MFI interest rate statistics as if it was a single MFI, i.e. it reports one average interest rate per instrument category covering the whole group instead of one rate for each MFI included in the list of MFIs. At the same time, the MFIs within the group are still counted as individual institutions in the reference reporting population and in the sample.

Section 2: Maintenance of the sample of the actual reporting population

6. Maintenance of the sample over time

25. NCBs that choose the sampling approach must ensure that the sample remains representative over time.

26. NCBs should therefore check the representativeness of their sample at least once a year. If there are significant changes in the reference reporting population, these must be reflected in the sample after this annual check.

27. At intervals of at most three years, NCBs must carry out a regular review of the sample, taking account of joiners to the reference reporting population, leavers from the reference and actual reporting population, and other changes in the characteristics of the reporting agents, and apply the provisions of Section 5 on minimum national sample size. The regular review of the sample will be based on an assessment of compliance with the provisions on the selection of the actual reporting population as contained in Section 1, based on the monthly data corresponding to the end of each quarter in the year in which the review takes place. However, NCBs may check and refresh their sample more frequently.

28. Over time, the sample will be adjusted to take account of joiners to the reference reporting population in order to remain representative of the reference reporting population. NCBs must therefore draw a sample nb from the population of all joiners Nb. The complementary selection of joining institutions nb among the total number of joiners Nb is referred to as incremental sampling over time.

29. Over time, the sample will be adjusted to take account of leavers from the reference and the actual reporting population. No adjustment is necessary if the number of leavers in the reference reporting population Nd is proportionate to the number of leavers in the sample nd (case 1). If institutions leave the reference reporting population and they are not in the sample, the sample becomes larger relative to the size of the reference reporting population (case 2). If relatively more institutions leave the sample than the reference reporting population, the sample becomes too small over time and might cease to be representative (case 3). In cases 2 and 3, if random sampling is used for the selection of the actual reporting institutions the weights attached to each institution in the sample has to be adjusted by means of an established statistical method derived from the theory of sampling. The weight attached to each reporting agent is the inverse of its selection probability and hence the expansion factor. In case 2, where the sample is relatively larger for the population, no reporting agent is taken out of the sample. In case 3, if the largest institutions are selected, the sample is adjusted by selecting additional institutions according to their size.

30. Over time, the sample will be adjusted to take account of changes in the characteristics of the reporting agents. These changes can occur because of mergers, divisions, growth of the institutions, etc. Some reporting agents may change stratum. As in cases 2 and 3 for leavers, the sample is adjusted by means of an established statistical method derived from the theory of sampling. New selection probabilities and hence weights are allocated where NCBs carry out random sampling.

Section 3: Further sampling issues

7. Consistency

31. In order to achieve consistency between MFI interest rate statistics on outstanding amounts referring to deposits and to loans and on new business referring to deposits and to loans, NCBs that choose the sampling approach must use the same reporting agents to collect these statistics. NCBs may also use the sampling approach for a sub-set of MFI interest rate statistics and a census for the rest. They may not, however, use two or more different samples.

8. Financial innovation

32. In the sample procedure, NCBs do not need to cover each product that exists at national level. However, they cannot exclude a whole instrument category on the grounds that the amounts involved are very small. Hence, if an instrument category is only offered by one institution, then this institution should be included in the sample. If an instrument category did not exist in a euro area Member State at the time of the initial drawing of the sample, but is introduced by an institution thereafter, this institution should be included in the sample at the time of the next representativity check. If a new product is created, the institutions in the sample should cover it in the next report, as all reporting agents are required to report on all their products.

Section 4: National weighted average interest rates and national total business volumes

33. NCBs receive weighted average interest rates and related amounts of business from all their actual resident reporting agents and calculate national weighted average interest rates for each instrument category on the basis of grossed-up business volumes per stratum. The data are reported to the ECB.

34. Where random sampling is applied, the estimator of the interest rate at stratum and national levels must be consistent with the sampling procedure, simple random sample or with the probability proportional to size used, implying that grossed up amounts are used for weighting of interest rates.

35. Where the largest institutions are selected, the estimator of the rates should aggregate rates across institutions in the same stratum by weighting by the reported amounts, and aggregates across strata should be done by applying the grossed-up volumes in each stratum.

36. For each of the instrument categories on outstanding amounts, i.e. indicators 1 to 26 in Appendix 1 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), NCBs provide a national weighted average interest rate.

37. For each of the instrument categories on new business, i.e. indicators 1 to 23 and 30 to 85 in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), NCBs provide a national weighted average interest rate. In addition, for each of indicators 2 to 4, 8 to 11, 13 to 22, 33 to 35 and 37 to 85 in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), NCBs provide the amount of new business conducted at national level in each instrument category during the reference month. For the instrument categories referring to renegotiated loans to households and non-financial corporations (indicators 88 to 91 in Appendix 2 to Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), only information on volumes is required, and information on interest rates is collected on a best efforts basis. These amounts of new business refer to the population total, i.e. to the entire reference reporting population and, similarly to the other new business volumes, this figure is estimated through the grossing-up procedure illustrated in paragraphs 38 to 40.

38. If random sampling or the selection of the largest institutions is used to select the reporting agents, expansion factors are used for grossing up the business volumes. Grossing up is applied at stratum level.

39. If the random sampling approach is used, the expansion factors are defined as the inverse of the selection probabilities πi , i.e. 1/πi . The estimated amount of new business for the population total B is then computed by means of the following generic formula:

with:

B	as the total business volume

Bi	as the amount of new business of institution i

πi	as the probability of selecting institution i

40. If the selection of the largest institution approach is used, the expansion factors for each stratum are defined as the inverse of the stratum coverage ratio by means of the following formula:

with:

j	as the total volume within stratum j

ij	as the volume within each stratum j for the institution i

Nj0	as the number of credit institutions non-sampled in the stratum j

Nj1	as the number of credit institutions sampled in the stratum j.

41. Expansion factors EFj as defined in paragraph 40 in respect of new business are calculated by replacing new business volumes by the related outstanding amounts. The grossed-up volume of stratum j is then calculated as the expansion factor for stratum j multiplied by the reported volume for stratum j.

42. NCBs provide the MFI interest rates on outstanding amounts and on new business to the ECB to four decimal places. This is without prejudice to any decisions taken by the NCBs on the level of precision they wish to apply in collecting the data. The published results do not contain more than two decimal places.

43. NCBs document any (changes in) regulatory arrangements affecting MFI interest rate statistics in the methodological notes that are provided with the national data.

44. NCBs that choose a sampling approach for the selection of the reporting agents provide an estimate of the sampling error for the initial sample. A new estimate is provided after each maintenance of the sample.

PART 15

Treatment of specific products for MFI interest rate statistics

1. The treatment of the products defined in the following paragraphs should be used as a reference for products with similar characteristics.

2. A step-up (step-down) deposit or loan is a deposit or loan with a fixed maturity to which an interest rate is applied that increases (decreases) from year to year by a pre-fixed number of percentage points. Step-up (step-down) deposits and loans are instruments with fixed interest rates over the whole maturity. The interest rate for the whole maturity of the deposit or loan and the other terms and conditions are agreed in advance at time t0 when the contract is signed. An example of a step-up deposit is a deposit with an agreed maturity of four years, which receives 5 % interest in the first year, 7 % in the second, 9 % in the third and 13 % in the fourth. The AAR on new business, which is covered at time t0 in MFI interest rate statistics, is the geometric average of the factors ‘1 + interest rate’. In line with Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34), NCBs may request reporting agents to implement the NDER for this type of product. The AAR on outstanding amounts that is covered from time t0 to t3 is the rate applied by the reporting agent at the time of calculation of the MFI interest rate, i.e., using the example of a deposit with an agreed maturity of four years, 5 % at time t0, 7 % at time t1, 9 % at time t2 and 13 % at time t3.

3. For the purpose of MFI interest rate statistics, loans taken as part of lines of credit have the same meaning as defined in and are classified as in Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33). Only outstanding amounts, i.e. amounts withdrawn and not yet repaid in the context of a credit line are covered as new business and reflected in the MFI interest rate statistics in accordance with paragraph 16 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33). Amounts available through a line of credit that have not been withdrawn or have already been repaid are not considered, whether as new business or as outstanding amounts.

4. An umbrella contract allows the customer to draw loans on several types of loan accounts up to a certain maximum amount applying to all loan accounts together. At the time of the agreement on an umbrella contract, the form the loan will take and/or the date on which the loan will be drawn and/or the interest rate are not specified, but a range of possibilities may be agreed. Such an umbrella contract is not covered by MFI interest rate statistics. However, as soon as a loan agreed under an umbrella contract is drawn, it is covered under the corresponding item in MFI interest rate statistics, both in new business and outstanding amounts.

5. Savings deposits with a basic interest rate plus a fidelity and/or growth premium may exist. At the time the deposit is placed, it is not certain whether or not the premium will be paid. The payment depends on the unknown future attitude towards saving of the household or non-financial corporation. As a convention, such fidelity or growth premiums are not included in the AAR on new business. The AAR on outstanding amounts always covers the rates applied by the reporting agent at the time of calculation of MFI interest rates. Hence, if such a fidelity or growth premium is granted by the reporting agent, this is reflected in the statistics on outstanding amounts.

6. Loans may be offered to households or non-financial corporations with associated derivative contracts, i.e. an interest rate swap/cap/floor etc. As a convention, such associated derivative contracts are not included in the AAR on new business. The AAR on outstanding amounts always covers the rates applied by the reporting agent at the time the MFI interest rates are calculated. Hence, if such a derivative contract is exercised and the reporting agent adjusts the interest rate charged to the household or non-financial corporation, this is reflected in the statistics on outstanding amounts.

7. Deposits may be offered comprising two components: a deposit with an agreed maturity to which a fixed interest rate is applied and an embedded derivative with a return that is linked to the performance of a defined stock exchange index or a bilateral exchange rate, subject to a minimum guaranteed return of 0 %. The maturity of both components may be the same or may differ. The AAR on new business covers the interest rate for the deposit with agreed maturity, as it reflects the agreement between the depositor and the reporting agent and it is known when the money is placed. The return on the other component of the deposit, linked to the performance of a stock exchange index or a bilateral exchange rate, is only known ex post when the product matures and therefore cannot be covered by the new business rate. Hence, only the guaranteed minimum return (usually 0 %) is covered. The AAR on outstanding amounts always covers the interest rate applied by the reporting agent at the time the MFI interest rates are calculated. Until the day of maturity, the rate on the deposit with agreed maturity is captured as well as the guaranteed minimum return on the deposit containing the embedded derivative. Only at maturity do the MFI interest rates on outstanding amounts reflect the AAR that is paid by the reporting agent.

8. Deposits with a maturity of over two years as defined in Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33) may contain pension savings accounts. The main part of the pension savings accounts may be placed in securities and the interest rate on the accounts then depends on the yield of the underlying securities. The remaining part of the pension savings accounts may be held in cash and the interest rate determined by the credit or other institution in the same way as for other deposits. At the time when the deposit is placed, the total return to the household from the pension savings account is not known and may also be negative. In addition, at the time the deposit is placed, an interest rate is agreed between the household and the credit or other institution which applies only to the deposit part; this does not apply to the part invested in securities. Hence, only the deposit part that is not invested in securities is covered by MFI interest rate statistics. The AAR on new business that is reported is the rate agreed between the household and the reporting agent for the deposit part at the time the deposit is placed. The AAR on outstanding amounts is the rate applied by the reporting agent to the deposit part of the pension savings accounts at the time of calculation of the MFI interest rate.

9. Savings plans for housing loans are long-term saving schemes that may provide a low return but, after a certain period of saving, give the household or non-financial corporation the right to a housing loan at a discounted rate. In line with Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33), these savings plans are classified under deposits with agreed maturity over two years as long as they are used as a deposit. As soon as they are transformed into a loan, they are classified as loans to households for house purchases. Reporting agents report as new deposit business the interest rate that is agreed at the time the initial deposit is placed. The corresponding amount of new business is the amount of money that has been placed. The increase of this amount on the deposit over time is only covered by outstanding amounts. At the time when the deposit is transformed into a loan, this new loan is recorded as new lending business. The interest rate is the discounted rate that is being offered by the reporting agent. The weight is the total amount of the loan that is being granted to the household or non-financial corporation.

10. In line with Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33), deposits placed pursuant to the French regulated housing plan plan d’épargne-logement (PEL) are classified as deposits with an agreed maturity of over two years. The government regulates the conditions governing these PELs and fixes the interest rate, which remains unchanged over the entire maturity of the deposit, i.e. each ‘generation’ of PELs has the same interest rate attached to it. PELs are held for at least four years and each year the customer deposits a minimal pre-fixed amount but is allowed to increase the payments at any time during the course of the scheme. Reporting agents report as new business the initial deposit at the opening of a new PEL. The amount of money that is initially placed in the PEL may be very low, which means that the weight attached to the new business rate will also be relatively low. This approach ensures that the new business rate always reflects the conditions governing the current generation of PELs. Changes in the interest rate applied to the new PELs are reflected in the new business rate. The reaction of consumers in terms of a portfolio shift from other long-term deposits to pre-existing PELs is not reflected in the new business rates but only in the rates on outstanding amounts. At the end of the period of four years, the customer may either ask for a loan at a discounted rate or renew the contract. Since this renewal of the PEL is carried out automatically without any active involvement on the part of the customer, and since the terms and conditions of the contract including the interest rate are not renegotiated, in line with Part 2 of Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34) this renewal is not considered as new business. On renewing the contract, the customer is allowed to make additional deposits, provided that the outstanding amount does not exceed a defined ceiling and the contract does not exceed a defined maximum years of maturity. If the ceiling or maximum maturity are reached, the contract is frozen. The household or non-financial corporation retains the borrowing rights and is still granted interest in accordance with the conditions prevailing at the time of opening the PEL as long as the money is left in the bank’s book. The government grants a subsidy in terms of an interest payment on top of the interest rate offered by the credit or other institution. In line with Part 1 of Annex I to Regulation (EU) No 1072/2013 (ECB/2013/34) only that part of the interest payment offered by the credit or other institution is captured in MFI interest rate statistics. The government subsidy, which is paid through but not by the credit or other institution, is ignored.

11. Negative interest rates on deposits should be included in MFI interest rates provided that such rates are not exceptional having regard to market conditions.

▼M3

PART 15a

Individual MFI balance sheet item and interest rate statistics

Tables 1, 2 and 3 present the detailed requirements for the transmission of data on individual MFI balance sheet items and interest rate statistics. As regards individual MFI balance sheet items (BSI), these requirements relate to monthly series on outstanding amounts, together with a selected set of additional indicators on outstanding amounts to be reported on a quarterly basis. However, NCBs that collect these data on a monthly basis may report these indicators on a monthly basis. The reporting scheme for individual BSI also covers ancillary series, which include information on non-transaction effects so that meaningful transaction measures can be derived, i.e. taking into account revaluations due to changes in prices and exchange rates, reclassifications and loan write-offs or write-downs, as applicable. Tables 1 and 2 of this Part identify these requirements with the symbols ‘ߦ•’ and ‘ߦ••’. ‘ߦ••’ indicates cases where NCBs are only required to cover reclassifications, as a minimum. In addition, in order to reduce the reporting burden, NCBs may apply a threshold approach when reporting ancillary series. In particular, NCBs are expected to report ancillary series on a best efforts basis for amounts exceeding EUR 50 million, but only when the ancillary series are larger than 1 % of the outstanding amounts of the indicator, i.e. threshold = max(EUR 50 million, 1 % of stocks). This threshold, which also applies to groups of credit institutions, is indicative and aims to help NCBs to decide whether to make an adjustment or not. However, when information is not readily available or is of a poor quality, a decision may be made by the relevant NCB either to take no further action or to make estimates. For loans, the reporting scheme includes additional information on loan transfers, to be reported as acquisitions minus disposals. These indicators, identified in Table 1 with the symbol ‘†’, cover net flows of loans securitised or otherwise transferred (transactions with an impact on reported loan stocks). It should be noted that the requirements of Regulation (EU) No 1071/2013 (ECB/2013/33) do not directly match the data requirements of Table 1. In particular, net flows of securitised loans (transactions with an impact on reported loan stocks) that relate to the maturity breakdowns of loans to non-financial corporations and breakdowns by purpose for loans to households are only required on a quarterly basis under Regulation (EU) No 1071/2013 (ECB/2013/33). However, this information may be collected on a monthly basis at national level. Similarly, data on net flows of loans otherwise transferred (transactions with an impact on reported loan stocks) in relation to the maturity breakdowns of loans to non-financial corporations and loan transfers between domestic MFIs are not covered under the requirements of Regulation (EU) No 1071/2013 (ECB/2013/33), but may be available at national level. Where not directly available, this information must be reported on a best efforts basis.

The transmission of individual MFI interest rate (MIR) statistics, as set out in Table 3, includes monthly interest rates relating to euro-denominated deposits and loans vis-à-vis households and non-financial corporations resident in the euro area. In addition to interest rates on outstanding amounts and business volumes, the requirements cover the volumes of new business.

In accordance with Article 17a, the panel of euro area credit institutions involved in the exchange of data will be regularly amended. Subject to the approval procedure laid down in that Article, any amendments will be implemented according to the following rules.

(i) For euro area enlargements: the relevant NCB and the ECB will agree on the institutions to be covered in the exercise and data will be reported for reference periods from the date on which the relevant Member State becomes a participating Member State.

(ii) For changes in the MFI population: the panel will be amended according to the general principle that the coverage agreed upon by the Eurosystem must be preserved. In particular:

— If an institution covered by the data exchange leaves the MFI population due to a change in its sector classification, it will be excluded from the panel;

— MFIs on the panel may be involved in mergers or acquisitions. If the resulting institution uses the MFI code of an MFI that is already on the panel, no changes are required. If the resulting institution uses the code of an existing MFI that is not on the panel, the MFI will be added to the panel from the first day of the month in which the merger or acquisition takes place. In such situations the issue of whether the relevant NCB should report back data will be decided on a case-by-case basis. When the resulting institution uses a new MFI code, the MFI will be added to the panel from the first day of the month in which the merger or acquisition takes place;

— In the event of divisions, the panel will be amended in order to continue to cover the largest of the resulting MFIs. The possibility of including all of the resulting MFIs will be decided on a case-by-case basis.

(iii) For changes in the actual reporting population of BSI and MIR statistics due to the derogations or sampling regimes applied by NCBs: any institutions for which data become unavailable will be excluded from the panel.

Table 1

Data on assets of individual MFIs

Sector of counterparty

Total

MFIs

General government (S.13)

Non-financial corporations (S.11)

o/w intra-group positions

NCB

Up to 1 Y

Over 1Y and up to 2Y

Over 2Y

Total

Up to 1 Y

Over 1Y

Instrument

Over 1Y and up to 5Y

Over 5 Y

Cash

Area of counterparty

Total

Loans

Euro area

ߦ•

ߦ• †

Domestic

Euro area other than domestic

Rest of the world

ߦߦ•

o/w loans in euro

Euro area

o/w overdrafts in euro (1)

Euro area

o/w syndicated loans

Euro area

o/w reverse repos with CCPs

Domestic

Euro area other than domestic

Debt securities

Euro area

ߦ•

Domestic

ߦ•

Euro area other than domestic

ߦ•

Rest of the world

ߦߦ•

MMF shares/units

Euro area

ߦ•

Domestic

Euro area other than domestic

Rest of the World

ߦߦ•

Equity and non-MMF IF shares/units

Euro area

ߦ•

Domestic

Euro area other than domestic

Rest of the World

ߦߦ•

Non-financial assets (including fixed assets)

Total

Remaining assets

Total

o/w financial derivatives

Euro area

Rest of the world

Sector of counterparty

non-MFIs

Private sector

Households + non-profit institutions serving households (S.14+S.15)

OFIs, non-MMF investment funds and ICPFs

Total

For house purchases

For consumption and other purposes

OFIs and non-MMF investment funds

ICPFs

Instrument

Up to 1 Y

Over 1Y and up to 5Y

Over 5 Y

Up to 1 Y

Over 1Y and up to 5Y

Over 5 Y

Cash

Area of counterparty

Total

Loans

Euro area

ߦ• †

Domestic

Euro area other than domestic

Rest of the world

o/w loans in euro

Euro area

o/w overdrafts in euro (1)

Euro area

o/w syndicated loans

Euro area

o/w reverse repos with CCPs

Domestic

Euro area other than domestic

Debt securities

Euro area

Domestic

Euro area other than domestic

Rest of the world

MMF shares/units

Euro area

Domestic

Euro area other than domestic

Rest of the World

Equity and non-MMF IF shares/units

Euro area

Domestic

Euro area other than domestic

Rest of the World

Non-financial assets (including fixed assets)

Total

Remaining assets

Total

o/w financial derivatives

Euro area

Rest of the world

( 1
) These series are required to supplement the transmission on individual MIR. In particular, the requirement on ‘overdrafts’ covers revolving loans and overdrafts, convenience and extended credit card credit.

		Monthly indicators on outstanding amounts.
Q		Quarterly indicators on outstanding amounts.
ߦ•		Ancillary series: all adjustments combined.
ߦߦ•		Ancillary series: all adjustments combined; NCBs may opt for reporting only effects relating to reclassifications, in case this reduces the reporting burden.
†		Loan transfers (acquisitions minus disposals).

Table 2

Data on liabilities of individual MFIs

Sector of counterparty

Total

MFIs

non-MFIs

Central government

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14 + S.15)

Others

Instrument

Up to 1Y

Over 1Y and up to 2Y

Over 2Y

o/w intra-group positions

NCB

OFIs and non-MMF investment funds

ICPFs

Other general government

Deposits

Area of counterparty

Total

Euro area

ߦ•

ߦߦ•

Domestic

Euro area other than domestic

Rest of the world

ߦߦ•

o/w in euro

Total

Deposits in M3

Euro area

ߦߦ•

overnight

Domestic

Euro area other than domestic

o/w in euro (1)

Euro area

with agreed maturity

Up to 1Y

Domestic

Euro area other than domestic

Between 1Y and 2Y

Domestic

Euro area other than domestic

redeemable with a notice up to 3M

Domestic

Euro area other than domestic

o/w in euro (1)

Euro area

repos not with CCPs

Domestic

Euro area other than domestic

Deposits not included in M3

Euro area

ߦߦ•

with agreed maturity over 2Y

Domestic

Euro area other than domestic

redeemable with a notice over 3M

Domestic

Euro area other than domestic

o/w in euro (1)

Euro area

repos with CCPs

Domestic

Euro area other than domestic

Debt securities issued

Total

ߦߦ•

in euro

in foreign currency

Capital and reserves

Total

ߦߦ•

Remaining liabilities

Total

o/w financial derivatives

Euro area

Rest of the world

(1)

These series are required to supplement the transmission on individual MIR. In particular, the requirement on ‘overdrafts’ covers revolving loans and overdrafts, convenience and extended credit card credit.

		Monthly indicators on outstanding amounts.
Q		Quarterly indicators on outstanding amounts.
ߦ•		Ancillary series: all adjustments combined.
ߦߦ•		Ancillary series: all adjustments combined; NCBs may opt for reporting only effects relating to reclassifications, in case this reduces the reporting burden.

Table 3

Data on individual MFI interest rates

INSTRUMENT CATEGORIES FOR INTEREST RATES ON OUTSTANDING AMOUNTS
	Sector	Type of instrument	Original maturity	Reporting obligation
Deposits in EUR	From households	With agreed maturity	Up to 2 years	AAR
	From households	With agreed maturity	Over 2 years	AAR
	From non-financial corporations	With agreed maturity	Up to 2 years	AAR
	From non-financial corporations	With agreed maturity	Over 2 years	AAR
Loans in EUR	To households	For house purchase	Up to 1 year	AAR
			Over 1 and up to 5 years	AAR
			Over 5 years	AAR
		For consumption and other purposes	Up to 1 year	AAR
			Over 1 and up to 5 years	AAR
			Over 5 years	AAR
	To non-financial corporations	Total	Up to 1 year	AAR
			Over 1 and up to 5 years	AAR
			Over 5 years	AAR
INSTRUMENT CATEGORIES FOR INTEREST RATES ON NEW BUSINESS
	Sector	Type of instrument	Original maturity, period of notice, initial period of interest rate fixation	Reporting obligation
Deposits in EUR	From households	Overnight (1)		AAR
		With agreed maturity	Up to 1 year maturity	AAR, amount
			Over 1 and up to 2 years maturity	AAR, amount
			Over 2 years maturity	AAR, amount
		Redeemable at notice (1)	Up to 3 months' notice	AAR
		Redeemable at notice (1)	Over 3 months' notice	AAR
	From non-financial corporations	Overnight (1)		AAR
		With agreed maturity	Up to 1 year maturity	AAR, amount
			Over 1 and up to 2 years maturity	AAR, amount
			Over 2 years maturity	AAR, amount
		Repos
Loans in EUR	To households	Revolving loans and overdrafts and convenience and extended credit card credit (1)		AAR
		For consumption	Floating rate and up to 1 year period of initial rate fixation	AAR, amount
			Over 1 and up to 5 years period of initial rate fixation	AAR, amount
			Over 5 years period of initial rate fixation	AAR, amount
		For house purchases	Floating rate and up to 1 year period of initial rate fixation	AAR, amount
			Over 1 and up to 5 years period of initial rate fixation	AAR, amount
			Over 5 and up to 10 years period of initial rate fixation	AAR, amount
			Over 10 years period of initial rate fixation	AAR, amount
		For other purposes	Floating rate and up to 1 year period of initial rate fixation	AAR, amount
			Over 1 and up to 5 years period of initial rate fixation	AAR, amount
			Over 5 years period of initial rate fixation	AAR, amount
	To non-financial corporations	Revolving loans and overdrafts and convenience and extended credit card credit (1)		AAR
		Other loans up to an amount of EUR 0,25 million	Floating rate and up to 3 months period of initial rate fixation	AAR, amount
			Over 3 months and up to 1 year period of initial rate fixation	AAR, amount
			Over 1 and up to 3 year period of initial rate fixation	AAR, amount
			Over 3 and up to 5 years period of initial rate fixation	AAR, amount
			Over 5 and up to 10 years period of initial rate fixation	AAR, amount
			Over 10 years period of initial rate fixation	AAR, amount
		Other loans over an amount of EUR 0,25 million and up to EUR 1 million	Floating rate and up to 3 months period of initial rate fixation	AAR, amount
			Over 3 months and up to 1 year period of initial rate fixation	AAR, amount
			Over 1 and up to 3 year period of initial rate fixation	AAR, amount
			Over 3 and up to 5 years period of initial rate fixation	AAR, amount
			Over 5 and up to 10 years period of initial rate fixation	AAR, amount
			Over 10 years period of initial rate fixation	AAR, amount
		Other loans over an amount of EUR 1 million	Floating rate and up to 1 year period of initial rate fixation	AAR, amount
			Over 1 and up to 5 years period of initial rate fixation	AAR, amount
			Over 5 years period of initial rate fixation	AAR, amount
(1) For these indicators the business volumes are included in the reporting scheme for individual BSI.

▼B

PART 16

Payments statistics

Section 1. Reporting requirements

In addition to the indicators specified in Regulation (EU) No 1409/2013 (ECB/2013/43), and as stated in Article 18(1) of this Guideline, the NCBs report the additional information required under Tables 1 to 7. This information is subject to the same timeliness as is specified for the indicators in the Regulation. For those indicators for which a definition is not provided in the Regulation, a definition is included in the relevant table.

Information required under the tables of the Regulation and of this Guideline should be reported irrespective of the actual existence of the underlying phenomenon and even when they are zero. ‘NC’ with an observation status M is used to indicate that the phenomenon does not exist. For memorandum items, if actual data, estimates or provisional data cannot be provided, NCBs report NC with an observation status L.

Table 1.

Settlement media

End of period unless otherwise stated; value in EUR millions

	Value	Frequency
Settlement media used by non-MFIs
Liabilities of the NCB
Overnight deposits denominated in euro
of domestic central governments	Geo 0	M
of other euro area Member States’ central governments	Geo 0	M
of rest of the world, except banks	Geo 0	M
Overnight deposits denominated in other currencies
of domestic central governments	Geo 0	M
of other euro area Member States’ central governments	Geo 0	M
of rest of the world, except banks	Geo 0	M
Liabilities of other MFIs
Overnight deposits denominated in euro
of domestic central governments	Geo 0	M
of other euro area Member States’ central governments	Geo 0	M
of rest of the world, except banks	Geo 0	M
Overnight deposits denominated in other currencies
of domestic central governments	Geo 0	M
of other euro area Member States’ central governments	Geo 0	M
of rest of the world, except banks	Geo 0	M
Settlement media used by credit institutions
Overnight deposits in euro held at other credit institutions	Geo 0	Q
Intraday borrowing in euro from the central bank (average for last reserve maintenance period)	Geo 0	A

Settlement media used by non-MFIs — assets or claims on assets that can be used by non-MFIs for payments.

Overnight deposits — as defined in ‘Instrument categories’ in Part 2 of Annex II of Regulation (EU) No 1071/2013 (ECB/2013/33).

All accounts are included, irrespective of the currency in which they are denominated; thus, ‘overnight deposits denominated in other currencies’ is a sub-category of ‘overnight deposits’.

Overnight deposits denominated in other currencies — value of overnight deposits held by non-MFIs in other currencies.

Settlement media used by credit institutions — assets or claims on assets that can be used by credit institutions for payments.

Intraday borrowing in euro from the central bank (average for last reserve maintenance period) — total value of credit extended by the central bank to credit institutions and reimbursed within a period of less than one business day. This is the average of the daily maximum value of simultaneous and actual intraday overdraft positions or drawings on intraday credit facilities during the day for all credit institutions taken together. All days in the maintenance period, including weekends and bank holidays, are considered in the average.

Table 2.

Institutions offering payment services to non-MFIs

End of period; original units unless otherwise stated; value in EUR millions

	Number	Value	Frequency
Central bank
Number of offices	Geo 0	—	A
Number of overnight deposits (thousands)	Geo 0	—	A
Credit institutions
of which:
Credit institutions legally incorporated in the reporting country
Number of offices	Geo 0	—	A
Number of institutions	Geo 0		A
Value of overnight deposits held by non-MFIs	—	Geo 0	Q
Branches of euro area-based credit institutions
Number of offices	Geo 0	—	A
Number of institutions	Geo 0		A
Value of overnight deposits held by non-MFIs	—	Geo 0	Q
Branches of EEA-based credit institutions outside the euro area
Number of offices	Geo 0	—	A
Number of institutions	Geo 0		A
Value of overnight deposits held by non-MFIs	—	Geo 0	Q
Branches of non-EEA-based credit institutions
Number of offices	Geo 0	—	A
Number of institutions	Geo 0		A
Value of overnight deposits held by non-MFIs	—	Geo 0	Q
Electronic money institutions
Number of institution	Geo 0	—	A
Other payment service providers
Number of institutions	Geo 0	—	A
Number of offices	Geo 0	—	A
Number of overnight deposits held by non-MFIs (thousands)	Geo 0	—	A
Value of overnight deposits held by non-MFIs		Geo 0	Q
Memo items:
Total number of payment institutions operating in the country on a cross-border basis	Geo 0		A
of which:
 number of payment institutions providing services through an established branch		Geo 0	A
 number of payment institutions providing services through an agent		Geo 0	A
 number of payment institutions providing services neither establishing a branch nor through an agent		Geo 0	A

Table 2 complements Table 1 of Regulation (EU) No 1409/2013 (ECB/2013/43).

Number of institutions — comprises the legally independent institutions operating in the reporting country. Each institution is counted once, irrespective of the number of offices it maintains in the country.

Number of offices — number of places of business in the reporting country. Each place of business set up in the same reporting country is counted separately. Only those offices (regardless of their size and operating hours) that provide payment services with cashless clearing and settlement are included, while mobile offices are not included. The head office of the institution is counted as an office if it offers payment services with cashless clearing and settlement.

Branch — a place of business (other than the head office) which is located in the reporting country and which has been established by a credit institution legally incorporated in another country. It has no legal personality and carries out directly some or all of the transactions inherent in the business of credit institutions. All of the places of business set up in the reporting country by the same institution legally incorporated in another country constitute a single branch. Each of these places of business is counted as an individual office.

Branch of a euro area-based credit institution — a branch (located in the reporting country) of a credit institution legally incorporated outside the reporting country but within the euro area.

Branch of a non-EEA-based credit institution — a branch (located in the reporting country) of a non-EEA-based bank.

Branch of an EEA-based credit institution (outside the euro area) — a branch (located in the reporting country) of a credit institution legally incorporated in an EEA country outside the reporting country and outside the euro area.

Payment institutions operating in the country on a cross-border basis — payment institutions located outside the reporting country but operating in the reporting country through an established branch, an agent or by remote access.

Table 3.

Payment transactions involving non-MFIs

Total for the period; number of transactions in millions; value of transactions in EUR millions; annual frequency

	Sent		Received
Memo items	Number of transactions	Value of transactions	Number of transactions	Value of transactions
Transactions per type of payment instrument
Credit transfers
Initiated electronically
of which:
Initiated on a single payment basis
of which:
Online banking based e-payments	Geo 1	Geo 1	—	—
Credits to the accounts by simple book entry	Geo 0	Geo 0	—	—
Debits from the accounts by simple book entry	Geo 0	Geo 0	—	—
			—	—
Money remittances	Geo 3	Geo 3	Geo 2	Geo 2
Transactions via telecommunication, digital or IT device	Geo 1	Geo 1	Geo 2	Geo 2
Other services (not included in the Payment Services Directive)	Geo 4	Geo 4	—	—

Table 3 complements Table 4 of Regulation (EU) No 1409/2013 (ECB/2013/43).

Online banking based e-payments — transactions initiated through online banking schemes and payment initiation services. The item ‘online banking based e-payments’ excludes payments merely initiated by the payer via online banking not involving a simultaneous online shopping transaction. It also excludes invoices presented online not involving a simultaneous online shopping transaction.

Credits to the accounts by simple book entry — credit transaction initiated by a payment service provider (PSP) (including electronic money issuer) without a specific transaction order and executed by simple book entry, i.e. credit entry, to the account of a customer, i.e. without the use of a traditional payment instrument. The following transactions are reported for this item: (a) interest payment by the bank; (b) dividend payment by the bank; (c) disbursal of the amount of a loan to the current account of the customer; and (d) other credits to the account by simple book entry. These data are excluded from credit transfers.

Debits from the account by simple book entry — debit transaction initiated by a PSP (including electronic money issuer) without a specific transaction order and executed by simple book entry (debit entry) to the account of a customer, i.e. without the use of a traditional payment instrument. The following transactions are reported for this item: (a) charge of interest by the bank; (b) deduction of banking fees; (c) payment of taxes linked to financial assets, if they are a separate transaction but not separately authorised by the customer; (d) repayments of the amount of a loan; and (e) other debits to the account by simple book entry. These data are excluded from direct debits.

Money remittances — as defined in Article 4 of Directive 2007/64/EC of the European Parliament and of the Council ( 39 ).

Transactions via telecommunication, digital or IT device — as defined in Point 7 of the Annex to Directive 2007/64/EC.

▼M1

Other services (not included in the Payment Services Directive) — payment related services other than those services defined in Article 4(3) of Directive 2007/64/EC.

▼B

Table 4.

Payment transactions per type of terminal involving non-MFIs

Total for the period; number of transactions in millions; value of transactions in EUR millions; annual frequency

Memo items	Number of transactions	Value of transactions
Cash advances at POS terminals	Geo 1	Geo 1
OTC cash withdrawals	Geo 1	Geo 1
OTC cash deposits	Geo 1	Geo 1

Table 4 complements Table 5 of Regulation (EU) No 1409/2013 (ECB/2013/43).

Cash advance at point of sale (POS) terminals — transactions in which the cardholder receives cash at a POS terminal in combination with a payment transaction for goods or services. If it is not possible to distinguish data on cash advances at POS terminals, these are reported as ‘POS transactions’.

Over the counter (OTC) cash deposit — cash deposit to an account at the PSP using a form, including where a card is used merely to identify the payer. Includes cash deposited into a PSP’s day or night deposit box for crediting to an account at the PSP. These transactions do not represent payments in the strict sense, comprising only a change from cash to account money.

OTC cash withdrawal: cash withdrawal from an account at the PSP using a form, including where a card is used merely to identify the payee. These transactions do not represent payments in the strict sense, comprising only a change from account money to cash.

Table 5.

Participation in selected payment systems: TARGET2

End of period; original units; annual frequency

	Number
TARGET2 component system
Number of participants	Geo 1
Direct participants	Geo 1
Credit institutions	Geo 1
Central bank	Geo 1
Other direct participants	Geo 1
Public administration	Geo 1
Clearing and settlement organisations	Geo 1
Other financial institutions	Geo 1
Others	Geo 1
Indirect participants	Geo 1

Table 6.

Payments processed by selected payment systems: TARGET2

Total for the period; number of transactions in millions; value of transactions in EUR millions; annual frequency

	Sent
	Number of transactions	Value of transactions
TARGET2 component system
Credit transfers and direct debits	Geo 1	Geo 1
Within the same TARGET2 component system	Geo 0	Geo 0
To another TARGET2 component system	Geo 2	Geo 2
To a euro area TARGET2 component system	Geo 2	Geo 2
To a non-euro area TARGET2 component system	Geo 2	Geo 2
Concentration ratio	Geo 1	Geo 1

TARGET2 component system — as defined in Article 2 of Guideline ECB/2012/27 ( 40 ).

For TARGET2 the definition of ‘cross border’ is based on the location of the component and not of the participant, as is the case for the other payment systems.

Tables 6 and 7 of Regulation (EU) No 1409/2013 (ECB/2013/43) should be reported for each payment system other than TARGET2. A distinction should be made between large value payment systems and retail payment systems by NCBs:

Large value payment system — as defined in Article 2 of Regulation (EU) No 260/2012 of the European Parliament and of the Council ( 41 ).

Retail payment system — as defined in Article 2 of Regulation (EU) No 260/2012.

Table 7.

Activities of PSPs per type of payment service

Total for the period; number of transactions sent in millions; value of transactions sent in EUR millions; annual frequency

Memo. item

OTC cash deposits

Memo. item

OTC cash withdrawals

Direct debits

Card payments

Credit transfers

Memo. item

Money remittance

Memo. item Transaction via telecommunication, digital or IT device

Number

Value

Number

Value

Number

Value

Number

Value

Number

Value

Number

Value

Number

Value

Credit institutions

Geo 1

Electronic money institutions

Geo 1

Post office giro institutions

Geo 1

Payment institutions

Geo 1

Public authorities: (a) ECB and NCBs; and (b) Member States or local authorities

Geo 1

Direct debits — as defined in Annex II to Regulation (EU) No 1409/2013 (ECB/2013/43).

Card payments — payment transactions as defined in the second bullet points of Points 3 and 4 of the Annex to Directive 2007/64/EC.

Credit transfers — as defined in Annex II to Regulation (EU) No 1409/2013 (ECB/2013/43).

The required geographical breakdown follows the naming convention laid down in Regulation (EU) No 1409/2013 (ECB/2013/43), namely:

Table 8.

Geographical breakdown

Geo 0	Geo 1	Geo 2	Geo 3	Geo 4
Domestic	Domestic and cross-border combined	Cross-border	Domestic	Domestic
			Single country breakdowns for all Union countries
			Rest of the world	Cross-border

Section 2. Derogations

Article 4 of Regulation (EU) No 1409/2013 (ECB/2013/43) sets out the conditions under which the NCBs may grant derogations to the reporting agents. In particular, paragraph 2 specifies that NCBs may only grant derogations to reporting agents if these reporting agents do not contribute to a statistically significant coverage, at national level, of payment transactions for each type of payment service.

A statistically significant coverage is defined as 95 % of the value of payment transactions for each payment service.

If derogations are granted, NCBs must extrapolate the data to be reported to the ECB.

Section 3. Transitional provisions

Historical data

With a view to enhancing data comparability, NCBs should report historical information for all items in Regulation (EU) No 1409/2013 (ECB/2013/43) and in this Guideline for the reference period 2013 on a best efforts basis. The NCBs decide on the best way to address this requirement, possibly via estimates. For those series that were not already provided in the context of the previous Guideline ECB/2007/9 and where no actual data are available, NCBs are allowed to report information as not available (NC series with an observation status L) ( 42 ).

Data with reference period 2014 — tables in this Guideline

In relation to the requirements specified in the tables of this Guideline, NCBs are allowed to report data with the reference period 2014 on a best efforts basis, in accordance with the same rules as laid down for historical data (see above).

Data with reference period 2014 — tables in Regulation (EU) No 1409/2013 (ECB/2013/43)

As the requirements specified in Regulation (EU) No 1409/2013 (ECB/2013/43) are of annual frequency, the NCBs must ensure the provision of a single figure for each data series, reported with reference to the whole year (aggregating, where applicable, 2014 H1 and 2014 H2). In respect of data covering 2014 H1, the NCBs decide on the best way to address this requirement. If actual data are not available, NCBs may provide estimates.

Where estimates are provided in accordance with the transitional provisions, the methodology is to be defined by each NCB, depending on country specificities. Explanatory notes should be provided by NCBs to clarify the approach undertaken.

PART 17

Statistics on IFs’ assets and liabilities

The statistical returns should contain data for all cells in the relevant tables in this Guideline, even when they are zeros, missing or the phenomenon does not exist.

Table 1.

Data to be provided on a quarterly basis: stocks and flow adjustments

A. Domestic

B. Euro area other than domestic

C. RoW

D. Total

Total

MFIs

Non-MFIs – Total

Total

MFIs

Non-MFIs - Total

Total

General Gov’t (S.13)

Other residents

General gov’t (S.13)

Other residents

Non-participating Member States

Japan

Total

Non-MMF investment funds

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations + pension funds (S.128+S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

Non-MMF investment funds

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations + pension funds (S.128+S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Insurance corporations (S. 128)

Pension funds (S.129)

Insurance corporations (S. 128)

Pension funds (S.129)

ASSETS

1 Deposit and loan claims

up to 1 year

over 1 year

2 Debt securities

o/w accrued interest

2e. Euro

up to 1 year

over 1 year and up to 2 years

over 2 years

2x. Foreign currencies

up to 1 year

over 1 year and up to 2 years

over 2 years

2t. Total currencies

up to 1 year

over 1 year and up to 2 years

over 2 years

3 Equity

o/w listed shares

4 Investment fund shares/units

(2+3+4)a of which securities lent out or sold under repurchase agreements

5 Financial derivatives

6 Non-financial assets (incl. fixed assets)

7 Remaining assets

o/w accrued interest on deposit and loan claims

LIABILITIES

8 Loans and deposits received

up to 1 year

over 1 year

9 IF shares / units

10 Financial derivatives

11 Remaining liabilities

o/w accrued interest on loans and deposits received

Table 2

Data to be provided on a monthly basis: stocks, flow adjustments, transactions

A. Domestic

B. Euro area other than domestic

C. RoW

D. Total

Total

MFIs

Non-MFIs

MFIs

Non-MFIs

ASSETS

1 Deposit and loan claims

2 Debt securities

2e. Euro

up to 1 year

over 1 and up to 2 years

over 2 years

2x. Foreign currencies

up to 1 year

over 1 and up to 2 years

over 2 years

3 Equity

4 Investment fund shares/units

5 Financial derivatives

6 Non-financial assets (incl. fixed assets)

7 Remaining assets

LIABILITIES

8 Loans and deposits received

9 IF shares/units

9.1 Sale of IF shares/units

9.2 Redemption of IF shares/units

10 Financial derivatives

11 Remaining liabilities

#	Minimum data to be provided by the reporting agents to the NCBs on a monthly basis.

PART 18

Statistics on the assets and liabilities of FVCs

Table 1.

Outstanding amounts and financial transactions

Data required to be provided on a quarterly basis

A. Domestic

B. Euro area other than domestic

C. Rest of the World

D. Total

Total

MFIs

Non-MFIs - Total

Total

MFIs

Non-MFIs - Total

Banks

Non-Banks

General gov’t (S.13)

Other resident sectors

General gov’t (S.13)

Other resident sectors

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations + pension funds (S.128+S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations + pension funds (S.128+S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15)

o/w FVCs

ASSETS

1 Deposits and loan claims

up to 1 year

ANC

over 1 year

ANC

2 Securitised loans

ANC

2a euro area MFI as originator

ANC

ANC/MFI

ANC

ANC/MFI

up to 1 year

ANC/MFI

over 1 year and up to 5 years

ANC/MFI

over 5 years

ANC/MFI

2b euro area general government as originator

ANC

2c euro area OFII, non-MMF investment funds and ICPF as originator

ANC

2d euro area NFC as originator

ANC

2e non-euro area originator

ANC

3 Debt securities

up to 1 year

NON-ANC

over 1 year and up to 2 years

NON-ANC

over 2 years

NON-ANC

4 Other securitised assets

ANC

4a of which euro area general government as originator

ANC

4b of which euro area NFC as originator

ANC

5 Equity and investment fund shares/units

NON-ANC

6 Financial derivatives

ANC

7 Non-financial assets (including fixed assets)

NON-ANC

8 Remaining assets

NON-ANC

LIABILITIES

9 Loans and deposits received

up to 1 year

ANC

over 1 year

ANC

10 Debt securities issued

up to 1 year

ANC

over 1 year and up to 2 years

ANC

over 2 years

ANC

11 Capital and reserves

ANC

12 Financial derivatives

ANC

13 Remaining liabilities

NON-ANC

13a of which accrued interest on debt securities issued

NON-ANC

ANC: Anchor series

NON-ANC: Non-anchor series

ANC/MFI: Anchor series, which may be partly derived from data directly collected from MFIs via Regulation (EU) No 1071/2013 (ECB/2013/33) when euro area MFIs act as servicers of the loans.

Table 2.

Write-offs/write-downs

Data required to be provided on a quarterly basis

	D. Total
ASSETS
2 Securitised loans	NON-ANC

Table 3.

Loans originated and serviced by euro area MFIs: Data to be exchanged between NCBs (1)

Data required to be provided on a quarterly basis

BALANCE SHEET ITEMS

Assets

A. Domestic

B. Euro area other than domestic

C. Rest of the World

General gov't (S.13)

Other resident sectors

General gov't (S.13)

Other resident sectors

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations + pension funds (S.128+S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S15)

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127)

Insurance corporations + pension funds (S.128+S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S15)

Securitised loans

FVCs located in euro area country A

FVCs located in euro area country B

FVCs located in euro area country C

etc.

up to 1 year

FVCs located in euro area country A

FVCs located in euro area country B

FVCs located in euro area country C

etc.

over 1 year and up to 5 yrs

FVCs located in euro area country A

FVCs located in euro area country B

FVCs located in euro area country C

etc.

over 5 years

FVCs located in euro area country A

FVCs located in euro area country B

FVCs located in euro area country C

etc.

(*1) Outstanding amounts, and if applicable in the reporting period also adjustments for reclassifications and write-offs/write-downs.

PART 19

Loans to non-financial corporations by branch of activity

NCBs either report data for individual sections in accordance with Template I or, if data are not available for individual sections, with Template II.

NCBs report outstanding amounts in respect of loans to domestic non-financial corporations and loans to other euro area Member States’ non-financial corporations (where available) separately. All data are reported in EUR million.

Template I		Template II
1	A. Agriculture, forestry and fishing	1	A. Agriculture, forestry and fishing
2	B. Mining and quarrying	2	B. Mining and quarrying
3	C. Manufacturing	3	C. Manufacturing
4	D. Electricity, gas, steam and air conditioning supply	4	D. Electricity, gas, steam and air conditioning supply + E. Water supply, sewerage, waste management and remediation activities
5	E. Water supply, sewerage, waste management and remediation activities	4
6	F. Construction	5	F. Construction
7	G. Wholesale and retail trade. Repair of motor vehicles and motorcycles	6	G. Wholesale and retail trade. Repair of motor vehicles and motorcycles
8	I. Accommodation and food service activities	7	I. Accommodation and food service activities
9	H. Transportation and storage	8	H. Transportation and storage + J. Information and communication
10	J. Information and communication	8
11	L. Real estate activities	9	L. Real estate activities + M. Professional, scientific and technical activities + N. Administrative and support service activities
12	M. Professional, scientific and technical activities
13	N. Administrative and support service activities
14	All remaining sections relevant for the non-financial corporations	10	All remaining sections relevant for the non-financial corporations
Note: Letters refer to the corresponding NACE Rev.2 classification.

PART 20

Statistics on MFI credit lines

Table

Statistics on MFI credit lines (stocks and reclassification adjustments)

BALANCE SHEET ITEMS

A. Domestic

B. Other Participating Member States

C. Rest of the world

D. Total

MFIs

Non-MFIs

MFIs

Non-MFIs

General government (S.13)

Other resident sectors

General government (S.13)

Other resident sectors

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127) (f)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15) Total

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127) (f)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15) Total

of which: CCP (4)

ASSETS

1 Off-balance sheet items

Credit lines

2 Other assets

PART 21

Statistics on the assets and liabilities of CCPs

Table

Statistics on the assets and liabilities of CCPs (stocks and reclassification adjustments)

Quarterly data

BALANCE SHEET ITEMS

A. Euro area residents

B. Rest of the world

C. Total

MFIs

Non-MFIs

General government (S.13)

Other resident sectors

Total

Non-MMF investment funds (S.124)

Other financial intermediaries + financial auxiliaries + captive financial institutions and money lenders (S.125+S.126+S.127) (f)

Insurance corporations (S.128)

Pension funds (S.129)

Non-financial corporations (S.11)

Households + non-profit institutions serving households (S.14+S.15) Total

Central government

Other general government

of which: CCP (4)

ASSETS

1 Loans

of which: reverse repos stemming from a tri-party repo where a euro area MFI is the lender

of which: other than reverse repos stemming from a tri-party repo

2 Other assets

LIABILITIES

3 Deposits

of which: repos stemming from a tri-party repo where a euro area MFI is the borrower

of which: other than repos stemming from a tri-party repo

4 Other liabilities

PART 22

PF statistics

Table

PF statistics (stocks and transactions)

▼M2

Assets Pension Funds

Total

Domestic

Total

MFIs (S.121+S.122+ S.123)

Non-MFIs

Total

General government (S.13)

Non-MFIs excluding general government

Total

Non-MMF investment funds (S.124)

OFIs+financial auxiliaries+captive financial institutions and money lenders(S.125+S.126+S.127)

ICs (S.128)

PFs (S.129)

NFCs (S.11)

Households and non-profit institutions serving households (S.14 & S.15)

Currency and deposits

Up to 1 year

Over 1 year and up to 2 years

Over 2 years

of which: Transferable deposits

Debt securities

Up to 1 year

Over 1 year and up to 2 years

Over 2 years

Financial derivatives

Loans

Up to 1 year

Over 1 year and up to 5 years

Over 5 years

Equity

o/w listed shares

Investment funds shares/units

MMF shares/units

Non-MMF investment fund shares/units

Insurance technical reserves and related claims (1)

Remaining assets

Total non-financial assets

Euro area Member States other than domestic

Rest of the world

Total

MFIs (S.121+S.122+ S.123)

Non-MFIs

Total

General government (S.13)

Non-MFIs excluding general government

Total

Non-MMF investment funds (S.124)

OFIs+financial auxiliaries+captive financial institutions and money lenders(S.125+S.126+S.127)

ICs (S.128)

PFs (S.129)

NFCs (S.11)

Households and non-profit institutions serving households (S.14 & S.15)

Currency and deposits

Up to 1 year

Over 1 year and up to 2 years

Over 2 years

of which: Transferable deposits

Debt securities

Up to 1 year

Over 1 year and up to 2 years

Over 2 years

Financial derivatives

Loans

Up to 1 year

Over 1 year and up to 5 years

Over 5 years

Equity

o/w listed shares

Investment funds shares/units

MMF shares/units

Non-MMF investment fund shares/units

Insurance technical reserves and related claims (1)

Remaining assets

Total non-financial assets

(1) This item may include non-life insurance technical reserves (ESA 2010: F.61), claims of insurance corporations on pension managers (in line with ESA 2010: F.64) and provisions for calls under standardised guarantees (ESA 2010: F.66).

Liabilities Pension Funds

Total

Domestic

Total

MFIs (S.121+S.122+S.123)

Non-MFIs

Total

General government (S.13)

Non-MFIs excluding general government

Total

Non-MMF investment funds (S.124)

OFIs (S.125+S.126+S.127)

ICs (S.128)

PFs (S.129)

NFCs (S.11)

Households and non-profit institutions serving households (S.14 & S.15)

Debt securities issued

Financial derivatives

Loans

Up to 1 year

Over 1 and up to 5 years

Over 5 years

Equity

o/w listed shares

Insurance technical reserves

of which: Pension entitlements (1)

Defined Contribution

Defined Benefit

Hybrid schemes

Remaining liabilities

Euro area Member States other than domestic

Rest of the world

Total

MFIs (S.121+S.122+S.123)

Non-MFIs

Total

General government (S.13)

Non-MFIs excluding general government

Total

Non-MMF investment funds (S.124)

OFIs (S.125+S.126+S.127)

ICs (S.128)

PFs (S.129)

NFCs (S.11)

Households and non-profit institutions serving households (S.14 & S.15)

Debt securities issued

Financial derivatives

Loans

Up to 1 year

Over 1 and up to 5 years

Over 5 years

Equity

o/w listed shares

Insurance technical reserves

of which: Pension entitlements (1)

Defined Contribution

Defined Benefit

Hybrid schemes

Remaining liabilities

(1) This item, including the relevant breakdown, may include claims of managers on pension funds (in line with ESA 2010: F.64) and entitlements to non-pension benefits (ESA 2010: F.65).

▼M2

PART 23

Statistics on ICs

Table 1

Data on assets and liabilities to be provided for Q4 2015: stocks (1)

	Total
ASSETS (F)
1. Currency and deposits (ESA 2010: F.21+F.22+F.29) — fair value
1x. Currency and deposits of which transferable deposits (F.22)
2. Debt securities (ESA 2010: F.3)
3. Loans (ESA 2010: F.4) — fair value
3x. Loans of which deposit guarantees in connection with reinsurance business — fair value
4. Equity (ESA 2010: F.51)
4a. Equity of which listed shares
5. Investment funds shares/units (ESA 2010: F.52)
6. Financial derivatives (ESA 2010: F.7)
7. Non-life insurance technical reserves (ESA 2010: F.61)
8. Non-financial assets (ESA 2010: AN)
9. Remaining assets
LIABILITIES (F)
1. Debt securities issued and loans (ESA 2010: F.3 + F.4)
1.x. of which deposit guarantees in connection with reinsurance business
2. Equity (ESA 2010: F.51)
2a. Equity of which listed shares
2b. Equity of which unlisted shares
2c. Equity of which other equity
3 Insurance technical reserves (ESA 2010: F.6)
3.1 Life insurance technical reserves
of which unit-linked
of which non-unit linked
3.2 Non-life insurance technical reserves
4 Financial derivatives (ESA 2010: F.7)
5 Remaining liabilities
(1) Data reference 1 January 2016 may be used as a proxy.

Table 2a

Data on assets to be provided on a quarterly basis: stocks and flow adjustments

	Total	Euro area			Rest of the world
	Total	Domestic	Euro area Member States other than domestic	Euro area Member States other than domestic (country-by-country information)	Total	Non-participating Member States (country-by-country information)	Main counterparties outside the European Union (country-by-country information for Brazil, Canada, China, Hong Kong, India, Japan, Russia, Switzerland, USA)
ASSETS (F)
1. Currency and deposits (ESA 2010: F.21+F.22+F.29) — fair value
up to 1 year (remaining until maturity)
over 1 year (remaining until maturity)
1x. Currency and deposits o/w transferable deposits (F.22)
1. Currency and deposits (ESA 2010: F.21+F.22+F.29) — nominal value
2. Debt securities (ESA 2010: F.3)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
up to 1 year (original maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
1-2 years (original maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
over 2 years (original maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
up to 1 year (remaining until maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
1-2 years (remaining until maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
2-5 years (remaining until maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
Over 5 years (remaining until maturity)
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
issued by HHs & NPISHs
3. Loans (ESA 2010: F.4) — fair value
original maturity up to 1 year — fair value
to MFIs
to GG
to IFs
to OFIs
to ICs
to PFs
to NFCs
to HHs & NPISHs
original maturity 1-5 years — fair value
to MFIs
to GG
to IFs
to OFIs
to ICs
to PFs
to NFCs
to HHs & NPISHs
original maturity over 5 years — fair value
to MFIs
to GG
to IFs
to OFIs
to ICs
to PFs
to NFCs
to HHs & NPISHs
up to 1 year remaining until maturity — fair value
1-2 years remaining until maturity — fair value
2-5 years remaining until maturity — fair value
over 5 years remaining until maturity — fair value
3x. Loans o/w deposit guarantees in connection with reinsurance business — fair value
3. Loans (ESA 2010: F.4) — nominal value
original maturity up to 1 year — nominal value
original maturity 1-5 years — nominal value
original maturity over 5 years — nominal value
4. Equity (ESA 2010: F.51)
4a. Equity of which listed shares
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
4b. Equity of which unlisted shares
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
4c. Equity of which other equity
issued by MFIs
issued by GG
issued by OFIs
issued by ICs
issued by PFs
issued by NFCs
5. Investment funds shares/units (ESA 2010: F.52)
5a. MMF shares/units
5b. Non-MMF shares/units
Equity funds
Bond funds
Mixed funds
Real estate funds
Hedge funds
Other funds
6. Financial derivatives (ESA 2010: F.7)
7. Insurance technical reserves and related claims (1)
8. Non-financial assets (ESA 2010: AN)
9. Remaining assets
10. Total assets
(1) This item may include non-life insurance technical reserves (ESA 2010: F.61), claims of insurance corporations on pension managers (in line with ESA 2010: F.64) and provisions for calls under standardised guarantees (ESA 2010: F.66) Abbreviations used in this table: o/w=of which, MFI=monetary financial institution, GG=general government, IF=investment fund, OFI=other financial intermediary, IC=insurance corporation, PF=pension fund, NFC=non-financial corporation, HH=household, NPISH=non-profit institution serving households, MMF=money market fund

Table 2b

Data on liabilities to be provided on a quarterly basis: stocks and flow adjustments

Total

Euro area

Rest of the world

Domestic

Euro area Member States other than domestic

Euro area Member States other than domestic (country-by-country information)

Total

Non-participating Member States (country-by-country information)

Main counterparties outside the European Union (country-by-country information for Brazil, Canada, China, Hong Kong, India, Japan, Russia, Switzerland, USA)

LIABILITIES (F)

1. Debt securities issued (ESA 2010: F.3)

2. Loans (ESA 2010: F.4)

issued by monetary financial institutions (MFIs) (1)

issued by non-MFIs (1)

2.x. Loans o/w deposit guarantees in connection with reinsurance business

3. Equity (ESA 2010: F.51)

Listed shares

Unlisted shares

Other equity

4 Insurance technical reserves (ESA 2010: F.6)

4.1 Life insurance technical reserves

Unit-linked

Non-unit-linked (2)

4.1.a Life insurance technical reserves o/w Pension entitlements (3)

Defined contribution schemes

Defined benefit schemes

Hybrid schemes

4.1.b Life insurance technical reserves o/w accepted reinsurance

4.2 Non-life insurance technical reserves (4)

by line of business

Medical expense insurance

Income protection insurance

Workers' compensation insurance

Motor vehicle liability insurance

Other motor insurance

Marine, aviation and transport insurance

Fire and other damage to property insurance

General liability insurance

Credit and suretyship insurance

Legal expenses insurance

Assistance

Miscellaneous financial loss

Reinsurance

5 Financial derivatives (ESA 2010: F.7)

6 Remaining liabilities

(1) In the case of non-euro-area Member States, ‘MFIs’ and ‘non-MFIs’ refer to ‘banks’ and ‘non-banks’.

(2) This item may include entitlements to non-pension benefits (ESA 2010: F.65).

(3) The relevant ‘of which’ position of this item may also include claims of pension managers on insurance corporations acting as pension administrators (in line with ESA 2010: F.64).

(4)

This item, including the relevant line of business, may include provisions for calls under standardised guarantees (ESA 2010: F.66).

	Requirements addressed to ICs by Regulation (EU) No 1374/2014 (ECB/2014/50).
	Requirements to be reported for ICs if available at NCBs (memo items).

Abbreviation used in this table: o/w=of which.

Table 3

Data on premiums, claims and commissions to be provided on an annual basis

	Total
	Total	Domestic	Branches inside the EEA (country-by-country information)	Branches outside the EEA (total)
1. Premiums
2. Claims
3. Commissions

▼B

ANNEX III

ELECTRONIC TRANSMISSION

PART 1

Introduction

The European Central Bank (ECB) has special data exchange arrangements with the national central banks (NCBs) of the European System of Central Banks (ESCB), the accession country NCBs and some Union national statistical institutes (NSIs). The data exchanges use standardised platform independent messages (SDMX ( 45 )), including data (numeric values) and/or attributes (metadata explaining the exchanged data).

In order to exchange statistical messages, the data need to be structured in accordance with precise data structure definitions (DSDs) ( 46 ), whose attached statistical concepts and code lists allow their content to be described adequately and unambiguously. The collection of DSDs, associated concepts and code lists is known as ‘structural definitions’.

The ECB structural definitions provide the list of DSDs, associated concepts and code lists devised by the ECB and used in its SDMX statistical data exchanges. The ECB’s structural definitions are stored on the European Commission website CIRCABC ( 47 ) and are accessible by the members of the Electronic Data Interchange (EDI) and the Statistics Interest Group (including the members of the Working Group on Statistical Information Management (WGSIM)). A local copy is usually stored with each NCB. If this is not the case, the NCBs’ relevant business area should contact their WGSIM member.

This Annex describes in detail the specifics of each data exchange between the euro area NCBs and the ECB in the context of monetary and financial statistics. Part 2 lists the ECB DSDs and related data sets in use by the ESCB. Part 3 follows with a description of the DSDs including the specific dimensions of the series keys, their format and the code lists from which they take their code values. Part 4 illustrates the relationship between the series keys and their attributes and specifies which partners are responsible for their maintenance.

▼M2

PART 2

DSDs and datasets

In the SDMX messages exchanged, statistical concepts can be used either as dimensions (in composing the ‘keys’ identifying the time series) or as attributes (providing information about the data). Coded dimensions and attributes take their values from predefined code lists. The DSDs define the structure of the exchanged series keys, in terms of concepts and associated code lists. In addition, they define their relationship with the relevant attributes. The same structure can be used for several data flows, which are differentiated by the data set information.

▼M3

In the context of monetary and financial statistics, the ECB has defined 13 DSDs currently used for the exchange of statistics with the ESCB and other international organisations. For the majority of those DSDs, one data set using that structure is exchanged and as a consequence the DSD identifier and the associated data set identifier (DSI) used in the SDMX data messages are the same. The following data flow characteristics are in production:

▼M2

— balance sheet items (BSI), DSD identifier and DSI ‘ECB_BSI1’,

— balance sheet items in the context of the Blue Book (BSP), DSD identifier ‘ECB_BSI1’ and DSI ‘ECB_BSP’,

— banking structural financial indicators (SSI), DSD identifier and DSI ‘ECB_SSI1’,

— banking structural financial indicators in the context of the Blue Book (SSP), DSD identifier ‘ECB_SS1’ and DSI ‘ECB_SSP’,

— MFI interest rates (MIR), DSD identifier and DSI ‘ECB_MIR1’,

— other financial intermediaries (OFI), DSD identifier and DSI ‘ECB_OFI1’,

— securities issues (SEC), DSD identifier and DSI ‘ECB_SEC1’,

— payment and settlement systems (PSS), DSD identifier and DSI ‘ECB_PSS1’,

— investment funds (IVF), DSD identifier and DSI ‘ECB_IVF1’,

— financial vehicle corporations (FVC), DSD identifier and DSI ‘ECB_FVC1’,

— consolidated banking data (CBD), DSD identifier and DSI ‘ECB_CBD1’,

▼M3 —————

▼M2

— insurance corporations' assets and liabilities (ICB), DSD identifier ‘ECB_ICPF1’ and DSI ‘ECB_ICB’,

— insurance corporations' operations (premiums, claims, commissions) (ICO), DSD identifier and DSI ‘ECB_ICO1’,

— pension funds' assets and liabilities (PFB), DSD identifier ‘ECB_ICPF1’ and DSI ‘ECB_PFB’,

▼M3

— individual MFI balance sheet items (IBSI), DSD identifier and DSI ‘ECB_IBSI1’,

— individual MFI interest rate (IMIR), DSD identifier and DSI ‘ECB_IMIR1’.

▼M2

2.1.

The DSI ‘ECB_BSI1’ is used to define the series keys for data on:

— MFI balance sheet statistics,

— e-money,

— credit institutions balance sheet statistics,

— MMF balance sheet statistics,

— central government deposit liabilities and holdings of cash and securities,

— memorandum items,

— supplementary BSI data reported by the NCBs to the International Monetary Fund using the ECB gateway services,

— securitised and sold MFI loans to third parties,

— reserve base statistics,

— macro ratio,

— loans to non-financial corporations broken down by branch of activity,

— credit lines.

2.2.	For the purposes of insurance corporations and pension funds (ICPF), the DSI ‘ECB_ICPF1’ is used to define the series keys for data on insurance corporations' assets and liabilities and on pension funds' assets and liabilities.

PART 3

Dimensions

The table below identifies the dimensions composing the series keys of the specific monetary and financial statistics listed in Part 2, their format and the code lists from which they take their code values.

▼M3

Data structure definition (DSD)

Concept (identifier)

Concept name

Value format (1)

Code list

Code list name

BSI

SSI

MIR

OFI

SEC

PSS

IVF

FVC

CBD

ICPF

ICO

IBSI

IMIR

DIMENSION ORDER IN THE KEY

DIMENSIONS

FREQ

Frequency

AN1

CL_FREQ

Frequency code list

REF_AREA

Reference area

AN2

CL_AREA_EE

Area code list

REF_AREA

Reference area

AN2

CL_AREA (2)

Area code list

ADJUSTMENT

Adjustment indicator

AN1

CL_ADJUSTMENT

Adjustment indicator code list

BS_REP_SECTOR

Balance sheet reference sector breakdown

AN..2

CL_BS_REP_SECTOR

Balance sheet reference sector breakdown code list

MFI_LIST_IND

Individual MFI list

AN..18

CL_MFI_LIST_IND

Code list for the Individual MFI list

REF_SECTOR

Reference sector breakdown

AN4

CL_ESA95_SECTOR

ESA 95 reference sectoral breakdown code list

SEC_ISSUING SECTOR

Securities issuing sector

AN4

CL_ESA95_SECTOR

ESA 95 reference sectoral breakdown code list

PSS_INFO_TYPE

PSS information type

AN4

CL_PSS_INFO_TYPE

Payment and settlement system information type code list

PSS_INSTRUMENT

PSS instrument

AN4

CL_PSS_INSTRUMENT

Payment and settlement system instrument code list

PSS_SYSTEM

PSS entry point

AN4

CL_PSS_SYSTEM

Payment and settlement system entry point code list

DATA_TYPE_PSS

PSS data type

AN2

CL_DATA_TYPE_PSS

Payment and settlement system data type code list

COMP_APPROACH

Compilation approach indicator

AN1

CL_COMP_APPROACH

Compilation approach indicator code list

OFI_REP_SECTOR

Other financial intermediaries reporting sector

AN2

CL_OFI_REP_SECTOR

Other financial intermediaries reference sectoral breakdown code list

IVF_REP_SECTOR

Investment funds reporting sector

AN2

CL_IVF_REP_SECTOR

Investment funds reference sectoral breakdown code list

FVC_REP_SECTOR

Financial vehicle corporations reporting sector

AN1

CL_FVC_REP_SECTOR

Financial vehicle corporations reference sectoral breakdown code list

REPORTING_SECTOR

Reporting sector

AN..6

CL_SECTOR (2)

Institutional sector code list

CB_REP_SECTOR

CBD reference sector breakdown

AN2

CL_CB_REP_SECTOR

Consolidated banking data reference sector breakdown code list

CB_SECTOR_SIZE

CBD reference sector size

AN1

CL_CB_SECTOR_SIZE

Consolidated banking data reference sector size code list

SSI_INDICATOR

Structural financial indicator

AN3

CL_SSI_INDICATOR

Structural financial indicator's code list

BS_ITEM

Balance sheet item

AN..7

CL_BS_ITEM

Balance sheet item code list

OFI_ITEM

Other financial intermediaries balance sheet item

AN3

CL_OFI_ITEM

Other financial intermediaries balance sheet item code list

SEC_ITEM

Securities item

AN6

CL_ESA95_ACCOUNT

ESA 95 account code list

IF_ITEM

Investment funds assets and liabilities

AN3

CL_IF_ITEM

IF balance sheet item code list

FVC_ITEM

Financial vehicle corporations assets and liabilities

AN3

CL_FVC_ITEM

Financial vehicle corporations balance sheet item code list

ICPF_ITEM

Insurance corporations and pension funds assets and liabilities

AN..4

CL_ICPF_ITEM

Insurance corporations and pension funds assets and liabilities code list

ICO_PAY_ITEM

Insurance corporations operations item

AN1

CL_ICO_PAY

Insurance corporations operations item code list

CB_ITEM

Consolidated banking data item

AN5

CL_CB_ITEM

Consolidated banking data item code list

MATURITY_ORIG

Original maturity

AN..3

CL_MATURITY_ORIG

Original maturity code list

MATURITY_NOT_IRATE

Original maturity/Period of notice/Initial rate fixation

AN..3

CL_MATURITY_ORIG

Original maturity code list

MATURITY

Maturity

AN..6

CL_MATURITY (2)

Maturity code list

SEC_VALUATION

Securities valuation

AN1

CL_MUFA_VALUATION

Valuation in MUFA context code list

DATA_TYPE

Data type

AN1

CL_DATA_TYPE

Money and banking type of data, flow and position code list

DATA_TYPE_MIR

MIR data type

AN1

CL_DATA_TYPE_MIR

MFI interest rates data type code list

DATA_TYPE_SEC

Securities data type

AN1

CL_DATA_TYPE_SEC

Securities data type code list

COUNT_AREA

Counterpart area

AN2

CL_AREA_EE

Area code list

COUNTERPART_AREA

Counterpart area

AN2

CL_AREA

Area code list

AMOUNT_CAT

Amount category

AN1

CL_AMOUNT_CAT

Amount category code list

BS_COUNT_SECTOR

Balance sheet counterpart sector

AN..7

CL_BS_COUNT_SECTOR

Balance sheet counterpart sector code list

COUNTERPART_SECTOR

Counterpart sector

AN..6

CL_SECTOR

Institutional sector code list

COUNTERPART_SECTOR

Counterpart sector

AN2

CL_PS_COUNT_SECTOR

Payment and settlement system receiving/acquiring sector

FVC_ORI_SECTOR

Financial vehicle corporations originator sector

AN2

CL_FVC_ORI_SECTOR

Financial vehicle corporations originator sector code list

ICO_UNIT

Insurance corporations unit

AN1

CL_ICO_UNIT

Insurance corporations operations unit code list

CURRENCY_TRANS

Currency of transaction

AN..3

CL_CURRENCY

Currency code list

SERIES_DENOM

Denomination of the series or special calculation

AN1

CL_SERIES_DENOM

Denomination of the series or special calculation code list

CURRENCY_DENOM

Currency denominator

AN..15

CL_UNIT

Unit code list

BS_SUFFIX

Balance sheet suffix

AN..3

CL_BS_SUFFIX

Balance sheet suffix code list

SEC_SUFFIX

Series suffix in securities context

AN1

CL_SEC_SUFFIX

Securities suffix code list

IR_BUS_COV

Interest rates business coverage

AN1

CL_IR_BUS_COV

Interest rates business coverage code list

(1) This indicates the number of letters/digits allowed for each element of the code lists (e.g. AN..7 means an alphanumeric string up to 7 characters long. AN1 means one alphanumeric character).

(2) New SDMX DSD code list.

▼M2

Frequency.

This dimension indicates the frequency of the reported time series. The specific data exchange requirements are as follows:

— for the ‘ECB_OFI1’ DSD: when national data are only available at a lower frequency, i.e. biannually or annually, NCBs estimate quarterly data. When quarterly estimates are not feasible, data are nevertheless provided as quarterly time series, i.e. annual data are provided as yyyyQ4 and biannual data are provided as yyyyQ2 and yyyyQ4 with the remaining quarters either not reported or reported as missing with the observation status ‘L’,

— for the ‘ECB_SEC1’ DSD: if the required monthly data are not available and no estimates can be made, then quarterly or annual data can be sent.

Reference area.This dimension relates to the country of residence of the reporting institution. In the ‘ECB_SEC1’ DSD, it indicates the country of residence of the issuing sector ( 48 ).

Adjustment indicator.This dimension indicates whether a seasonal adjustment and/or a working day adjustment are applied.

Balance sheet reference sector breakdown.This dimension refers to the reporting sector according to the breakdown defined in the associated code list.

▼M3

Individual MFI list.This dimension refers to the reporting MFI (in the ‘ECB_IBSI1’ and ‘ECB_IMIR1’ DSDs).

▼M2

Reference sector breakdown.This dimension indicates the reference sector for the structural financial indicators (in the ‘ECB_SSI1’ DSD).

Securities issuing sector.This dimension refers to the sector of the securities issuers (in the ‘ECB_SEC1’ DSD).

PSS information type.This dimension represents the general type of information to be provided in the context of the ‘ECB_PSS1’ DSD.

PSS instrument.This dimension, used in the ‘ECB_PSS1’ DSD, indicates the particular type of instrument/device used for the payment transactions, e.g. cards with a cash function or credit transfers, etc.

PSS entry point.This dimension is linked to the type of terminal or system through which the underlying payments transaction was done. For the correspondence of payment systems and PSS entry point code values, see Part 16 of Annex II.

PSS data type.In the PSS context, this dimension gives the unit of measurement for the observation, i.e. whether a number or a value should be reported for the item (e.g. number of transactions per card, value of transactions per card, etc.).

Compilation approach.This dimension indicates whether data represent the home or the host approach.

Other financial intermediaries reporting sector.This dimension indicates the sector of the reporting institution within the OFI sector.

Investment funds reporting sector.This dimension indicates the sector of the reporting institution within the IF sector.

Financial vehicle corporations reporting sector.This dimension indicates the sector of the reporting institution within the FVC sector.

Reporting sector.This dimension indicates whether the reporting institution is a PF or a type of IC.

CBD reference sector breakdown.This dimension indicates the ownership and type of the reporting institution (domestic credit institutions versus foreign controlled subsidiaries or branches).

CBD sector size.This dimension indicates the size of the reporting institution with respect to its total assets. It only applies to the domestic credit institutions.

Structural financial indicator.This dimension is ‘ECB_SSI1’ DSD specific and represents the type of structural financial indicator.

Balance sheet item.This dimension indicates the item of the MFI balance sheet as defined in Regulation (EU) No 1071/2013 (ECB/2013/33).

Other financial intermediaries balance sheet item.This dimension indicates an item of the OFI balance sheet. OFIs concentrate on different financial activities depending on the type of institution, and not all balance sheet items apply to all types of intermediaries. Therefore, while most of the balance sheet items are common to all types of other financial intermediaries, ‘other assets’ and ‘other liabilities’ can have different definitions for different types of intermediaries. On the asset side, two different definitions are adopted for the ‘other assets’ item: (a) for security and derivative dealers (SDDs) this item includes loans; and (b) for financial corporations engaged in lending (FCLs) the item includes deposits, cash, investment fund shares, fixed assets and financial derivatives. With regard to the ‘other liabilities’ item: (a) for SDDs this item excludes debt securities, capital and reserves and financial derivatives; and (b) for FCLs this item includes financial derivatives.

Securities item.This dimension refers to the items taken from the list of items set up for the monetary union financial accounts (MUFA) in line with the European System of Accounts concepts. It is only used for the ‘ECB_SEC1’ DSD.

Investment funds assets and liabilities.This dimension relates to the item of the IF's assets and liabilities as defined in Regulation (EU) No 1073/2013 (ECB/2013/38).

Financial vehicle corporations assets and liabilities.This dimension relates to the item of the FVC's assets and liabilities as defined in Regulation (EU) No 1075/2013 (ECB/2013/40).

Insurance corporations and pension funds assets and liabilities.This dimension indicates an item of the IC and PF assets and liabilities. In the case of ICs, the items are defined in Regulation (EU) No 1374/2014 (ECB/2014/50). In the case of PFs, the items are defined in the ESA 2010.

Insurance corporations operations item.This dimension relates to the items of operations of ICs, i.e. premiums, claims and commissions, as defined in Regulation (EU) No 1374/2014 (ECB/2014/50).

Consolidated banking data item.This dimension indicates the item of the CBD reporting scheme to be reported (from the banks' income statement, balance sheet and capital adequacy reports).

▼M3

Original maturity.For the ‘ECB_BSI1’, ‘ECB_FVC1’, ‘ECB_IVF1’, ‘ECB_CBD1’, ‘ECB_OFI1’ and ‘ECB_IBSI1’ DSDs, this dimension indicates the original maturity of the BSI.

▼M3

Original maturity/Period of notice/Initial rate fixation.This dimension identifies the breakdown by original maturity or period of notice for deposits for ‘ECB_MIR1’ and ‘ECB_IMIR1’ DSDs. For loans, this dimension refers to the original maturity of the loan and/or the initial period of interest rate fixation.

▼M2

Maturity.This dimension indicates the original and the remaining maturity of the instrument in the ‘ECB_ICPF1’ DSD.

Securities valuation.This dimension identifies the valuation method used for securities issues statistics in the ‘ECB_SEC1’ DSD.

▼M3

Data type.This dimension describes the types of data reported in the ‘ECB_BSI1’, ‘ECB_SSI1’, ‘ECB_OFI1’, ‘ECB_IVF1’, ‘ECB_FVC1’, ‘ECB_CBD1’, ‘ECB_ICPF1’, ‘ECB_ICO1’ and ‘ECB_IBSI1’ DSDs.

MIR data type.In the ‘ECB_MIR1’ and ‘ECB_IMIR1’ DSDs, this dimension distinguishes MFI interest rate statistics from those relating to volumes of new business or outstanding amounts.

▼M2

Securities data type.This dimension indicates the type of data contained within the securities issues statistics in the ‘ECB_SEC1’ DSD. Net issues are only provided if issues and redemptions cannot be separately identified.

Stock, flow.This dimension, which is ‘BIS_CBS’ specific, indicates the data type stock or flow of the data that is reported.

Reference area code for BIS-IFS.This dimension, which is ‘BIS_CBS’ specific, represents the area of residence of the reporting institutions.

CBS bank type.This dimension, which is ‘BIS_CBS’ specific, refers to the group of the corresponding reporting sector. For transmission to the ECB the code ‘4P’ should be used, namely, data should be reported only for domestic bank offices referring to CBD large banking groups.

CBS reporting basis.This dimension, which is ‘BIS_CBS’ specific, represents the recording basis of a claim or exposure.

CBS position type.This dimension, which is ‘BIS_CBS’ specific, represents the type of financial position recorded by the data.

CBS remaining maturity.This dimension, which is ‘BIS_CBS’ specific, represents the remaining maturity of the claims or exposures recorded.

CBS currency type of booking location.This dimension, which is ‘BIS_CBS’ specific, represents the currency type of the claims recorded.

CBS counterparty sector.This dimension, which is ‘BIS_CBS’ specific, is linked to the sectoral breakdown of the counterpart for the claims or exposures recorded.

CBS counterparty area.This dimension, which is ‘BIS_CBS’ specific, gives the country of residence of the counterpart of the relevant item.

Counterpart area.This dimension gives the area of residence of the counterpart of the relevant item.

▼M3

Amount category.This dimension gives the category of the amount of new loans to non-financial corporations; new loans are also reported according to their size. It is only relevant for the ‘ECB_MIR1’ and ‘ECB_IMIR1’ DSDs.

▼M2

Balance sheet counterpart sector.This dimension is linked to the sectoral breakdown of the counterpart of BSIs. In the ‘ECB_ICPF1’ DSD, it indicates the sector of the counterpart of the relevant item.

Counterpart sector.This dimension, defined in the ‘ECB_PSS1’ DSD, represents the sector breakdown of the type of beneficiary (counterpart) involved in the payment transaction.

Financial vehicle corporations originator sector.This dimension, defined in the ‘ECB_FVC1’ DSD, represents the sector of the transferor (originator) of the assets, or a pool of assets, and/or the credit risk of the asset or pool of assets to the securitisation structure.

Insurance corporations unit.This dimension indicates the relevant business unit of the IC.

▼M3

Currency of transaction.This dimension describes the currency in which the securities are issued (for the ‘ECB_SEC1’ DSD), or in which the following are denominated: (a) the MFI balance sheet items (for the ‘ECB_BSI1’ and ‘ECB_IBSI1’ DSDs); (b) the structural financial indicators (for the ‘ECB_SSI1’ DSD); (c) the deposits and loans (for the ‘ECB_MIR1’ and ‘ECB_IMIR1’ DSDs); (d) the IF assets and liabilities (for the ‘ECB_IVF1’ DSD); (e) the payment transactions (for the ‘ECB_PSS1’ DSD); (f) the FVC assets and liabilities (for the ‘ECB_FVC1’ DSD); (g) the OFI balance sheet items (for the ‘ECB_OFI1’ DSD); (h) the CBD items (for the ‘ECB_CBD1’ DSD); and (i) the transactions in IC and PF assets and liabilities (for the ‘ECB_ICPF1f’ DSD).

▼M2

Currency denominator.This dimension describes the currency in which (a) the IC and PF assets and liabilities (for the ‘ECB_ICPF1’ DSD); and (b) the operations of ICs (for the ‘ECB_ICO1’ DSD) are denominated.

Denomination of the series or special calculation.This dimension indicates the currency denominator in which the observations within a time series are expressed, or specifies the underlying calculation.

Balance sheet suffix.This dimension, present in the ‘ECB_BSI1’ DSD, gives the currency denominator in which the observations within a time series are expressed, or specifies the underlying calculation.

Series suffix in securities context.This dimension contains supplementary data types for derived series. It is only used for the ‘ECB_SEC1’ DSD.

Interest rates business coverage.This dimension, which is ‘ECB_MIR1’ DSD specific, indicates whether the MFI interest rates statistics refer to outstanding amounts or to a new business.

PART 4

Attributes

The sections below explain in detail the attributes associated with the exchanged data. Section 1 defines the attributes per DSD including their format and attachment level. Section 2 sets out the responsibility of the ESCB data exchange partners in the creation of attributes and their maintenance, as well as the status of the attributes. Sections 3, 4 and 5 focus on the content of the attributes sorted by attachment level, respectively the sibling, time series and observation level.

▼M3

Section 1: Coded and uncoded attributes defined in the ECB_BSI1, ECB_SSI1, ECB_MIR1, ECB_OFI1, ECB_SEC1, ECB_PSS1, ECB_IVF1, ECB_FVC1, ECB_CBD1, ECB_ICPF1, ECB_ICO1, ECB_IBSI1 and ECB_IMIR1 DSDs

▼M2

In addition to the dimensions defining the series keys, a set of attributes is defined. The attributes are attached at various levels of the exchanged information: at sibling, time series or observation level. As illustrated below, they either take their value from pre-defined lists of codes or are uncoded, and are used to add textual explanations on relevant data aspects.

Attribute values are exchanged only when they are set for the first time and whenever they change with the exception of the mandatory attributes attached at observation level, which are attached to each observation and reported at every data transmission.

The table below provides information on the attributes defined for each DSD under consideration, on the level at which they are attached, their format and the name of the code lists from which coded attributes take their values.

▼M3

Statistical concept

Format (1)

Code list

BSI

SSI

MIR

OFI

SEC

PSS

IVF

FVC

CBD

ICPF

ICO

IBSI

IMIR

ATTRIBUTES AT SIBLING LEVEL

(exchanged using the FNS group)

√

TITLE

Title

AN..70

uncoded

√

UNIT

Unit

AN..12

CL_UNIT

Unit code list

√

UNIT_MULT

Unit multiplier

AN..2

CL_UNIT_MULT

Unit multiplier code list

√

DECIMALS

Decimals

CL_DECIMALS

Decimals code list

√

TITLE_COMPL

Title complement

AN..1050

uncoded

√

NAT_TITLE

National language title

AN..350

uncoded

√

COMPILATION

Compilation

AN..1050

uncoded

√

COVERAGE

Coverage

AN..350

uncoded

√

SOURCE_AGENCY

Source agency

AN3

CL_ORGANISATION

Organisation code list

√

METHOD_REF

Methodology reference

AN..1050

uncoded

ATTRIBUTES AT TIME SERIES LEVEL

(exchanged using the FNS group)

√

COLLECTION

Collection indicator

AN1

CL_COLLECTION

Collection indicator code list

√

DOM_SER_IDS

Domestic series identifier

AN..70

uncoded

√

BREAKS

Breaks

AN..350

uncoded

√

UNIT_INDEX_BASE

Unit index base

AN..35

uncoded

√

PUBL_PUBLIC

Source publication

AN..1050

uncoded

√

PUBL_MU

Source publication (euro area only)

AN..1050

uncoded

√

PUBL_ECB

Source publication (ECB only)

AN..1050

uncoded

ATTRIBUTES AT OBSERVATION LEVEL

(exchanged together with the data in the main ARR segment except for OBS_COM which is exchanged within the FNS group)

√

OBS_STATUS

Observation status

AN1

CL_OBS_STATUS

Observation status code list

√

OBS_CONF

Observation confidentiality

AN1

CL_OBS_CONF

Observation confidentiality code list

√

OBS_PRE_BREAK

Pre-break observation value

AN..15

uncoded

√

OBS_COM

Observation comment

AN..1050

uncoded

(1) This indicates the number of letters/digits allowed for the transmission of each attribute (e.g. AN..1050 means an alphanumeric string up to 1 050 characters long, AN1 means one alphanumeric character, N1 means 1 digit).

Section 2: Common attributes properties for the ECB_BSI1, ECB_SSI1, ECB_MIR1, ECB_OFI1, ECB_SEC1, ECB_PSS1, ECB_IVF1, ECB_FVC1, ECB_CBD1, ECB_ICPF1, ECB_ICO1, ECB_IBSI1 and ECB_IMIR1 DSDs: NCBs reporting to the ECB (3)

	Status	First value set, stored and disseminated by… (1)	Modifiable by NCBs
TITLE_COMPL	M	ECB	No (*1)
NAT_TITLE	C	NCB	Yes
COMPILATION	C	NCB	Yes (*2)
COVERAGE	C	NCB	Yes (*2)
METHOD_REF	M	NCB	Yes
DOM_SER_IDS (2)	C	NCB	Yes
BREAKS	C	NCB	Yes
OBS_STATUS	M	NCB	Yes
OBS_CONF	C	NCB	Yes
OBS_PRE_BREAK	C	NCB	Yes
OBS_COM	C	NCB	Yes
(1) If an NCB would like to make a modification it consults with the ECB, which will then implement the change. (2) Changes are communicated to the responsible ECB business area by e-mail. (1) ECB refers here to the ECB Directorate-General Statistics. (2) The ECB recommends that the NCBs deliver these values to ensure more transparent communication. (3) ►M3 All attributes specified in the table in Section 1, which are set by the ECB, are not covered in this table. ◄ M: mandatory. C: conditional.

The definition of a set of attributes to be exchanged together with the data allows for additional information on the time series exchanged to be provided. Details of the information provided by the attributes for the ECB statistical datasets under consideration are reported below.

Section 3: Attributes at sibling level

Mandatory

TITLE_COMPL (title complement).This attribute allows a larger number of characters than the attribute TITLE and for this reason replaces TITLE as the mandatory attribute to store the title of the series.

UNIT (unit)

BSI	For euro area Member States: EUR
SSI	For euro area Member States: EUR For series reported as absolute values and for indices: PURE_NUMB For series reported as percentages: PCT
OFI	For euro area Member States: EUR
MIR	For business volumes: EUR For interest rates: PCPA
SEC	For euro area Member States: EUR
PSS	For series on original units (Table 5 of Part 16 of Annex II), number of transactions (Tables 3, 4, 6 and 7 Part 16 of Annex II) and series on concentration ratios (Table 6 of Part 16 of Annex II): PURE_NUMB For series on value of transactions (Tables 3, 4, 6 and 7 of Part 16 of Annex II): EUR
IVF	For euro area Member States: EUR
FVC	For euro area Member States: EUR
CBD	For euro area Member States: EUR or PURE_NUMB (where no currency denomination is relevant)
CBS	For the data reported by all countries in US dollars: USD; for the data for which no currency denomination is relevant: PURE_NUMB.
ICPF	For euro area Member States: EUR
ICO	For euro area Member States: EUR
▼M3
IBSI	EUR
IMIR	For business volumes: EUR For interest rates: PCPA
▼M2

UNIT_MULT (unit multiplier)

BSI	6
SSI	0
OFI	6
MIR (1)	For business volumes: 6 For interest rates: 0
SEC	6
PSS	For series on original units except series on transactions (Table 5 of Part 16 of Annex II): 0 For series on transactions (Tables 3, 4, 6, and 7 of Part 16 of Annex II, except concentration ratios): 6 For series on concentration ratios (Table 6 of Part 16 of Annex II): 0
IVF	6
FVC	6
CBD	3
CBS	6
ICPF	6
ICO	6
▼M3
IBSI	6
IMIR (1)	For business volumes: 6 For interest rates: 0
▼M2
(1) Interest rate data are submitted as percentages.

DECIMALS (decimals)

BSI	0
SSI	For absolute values: 0 For index series and percentages: 4
OFI	0
MIR	For business volumes: 0 For interest rates: 4
SEC	0
PSS	Series on original units, except on transactions and concentration ratios (Table 5 of Part 16 of Annex II): 0 Series on transactions and concentration ratios (Tables 3, 4, 6, and 7 of Part 16 of Annex II): 3
IVF	0
FVC	0
CBD	0
CBS	0
ICPF	0
ICO	0
▼M3
IBSI	0
IMIR	For business volumes: 3 (if data are available; otherwise 0) For interest rates: 4
▼M2

METHOD_REF (methodology reference).

This attribute is only used for the PSS dataset and indicates whether, for each time series or for part of it, the 2005 ‘enhanced’ definition or a previous definition is used. Two values are defined:

PSS	The ‘enhanced’ definitions implemented in the year 2005 are used: ‘2005’. Definitions implemented in previous years (2004 or earlier) are used: ‘Previous’.

The attribute should also indicate the period for which each definition applies. For example ‘2005 definitions for the whole series’, ‘2005 definitions as from data referring to 2003, previous definitions for the rest’, or ‘previous definitions up to data referring to 2004’.

Conditional

TITLE (title).NCBs may use the TITLE attribute for the construction of short titles.

NAT_TITLE (national language title).NCBs may use the NAT_TITLE attribute to provide a precise description and other supplementary or distinguishing specifications in their national language. Although the use of upper and lower case letters does not cause problems, NCBs are asked to limit themselves to the Latin-1 character set. In general, the exchange of accented characters and extended alphanumeric symbols needs to be tested before regular use.

▼M3

COMPILATION (compilation).

For the BSI, IVF, FVC, ICPF, ICO, MIR, IBSI and IMIR datasets this attribute may be used for further textual explanation of the compilation methods, weighting schemes and statistical procedures used to compile the underlying series, particularly if they diverge from the ECB rules and standards. In general, the structure of the required national explanatory notes is the following:

▼M2

— data sources/data collection system,

— compilation procedures (including description of estimates/assumptions made),

— deviations from the ECB's reporting instructions (geographical/sectoral classification and/or valuation methods),

— information relating to the national legal framework.

For the SSI dataset, the attribute ‘compilation’ includes information on links to the Union regulatory framework for intermediaries other than credit institutions.

For the OFI dataset, a detailed description of the information to be included under this attribute is provided in points 1-5 of the national explanatory notes (see Part 11 of Annex II).

Similarly, for the SEC dataset, a detailed description of the information to be included under this attribute is provided in points 1, 2, 4, 5, 8, 9 and 10 of the national explanatory notes (see Part 12 of Annex II).

COVERAGE (coverage)

Information on		Notes
SSI	— coverage of different categories of intermediaries — type of intermediary for the different indicators	— whether estimation was used in the case of partial coverage — indication of grossing-up (if any)
OFI	— coverage of total assets/liabilities series — type of OFIs covered in the main categories	— whether estimation was used in the case of partial coverage — indication of grossing-up (if any) — refer also to Part 11 of Annex II (see national explanatory notes, point (6)
MIR	— stratification criteria, selection procedure (equal probability/probability proportional to size/selection of biggest institutions) in the case of sampling
SEC	— classification of issues	— refer also to Part 12 of Annex II (Section 2 (point 4) and Section 3 (point 6))
CBD	— description of the reporting population	— whether particular institutions were excluded from the collection — the reasons for the exclusion
▼M3
IMIR	— stratification criteria, selection procedure (equal probability/probability proportional to size/selection of the biggest institutions) in the event of sampling
▼M2

SOURCE_AGENCY (source agency).This attribute will be set by the ECB to a value representing the name of the NCB providing the data.

Section 4: Attributes at time series level

Mandatory

COLLECTION (collection indicator).

This attribute provides information on the period or the point in time at which a time series is measured (e.g. beginning, middle or end of period) or an indication of whether data are averages.

BSI	For outstanding amounts: end-of-period (E) For flows series: sum of observations throughout the period (S)
SSI	End-of-period (E)
OFI	For outstanding amounts: end-of-period (E) For flows series: sum of observations throughout the period (S)
MIR	For interest rates on outstanding amounts: end-of-period (E) For interest rates on new business: average of observations through the period (A) For business volumes on outstanding amounts: end-of-period (E) For new business volumes: sum of (grossed up) observations through the period (S)
SEC:	For outstanding amounts: end-of-period (E) For flows series: sum of observations through the period (S)
PSS	For number of participants and concentration ratios (Tables 5 and 6 of Part 16 of Annex II): end-of-period (E) For transactions except concentration ratios (Tables 3, 4, 6 and 7 of Part 16 of Annex II): sum of observations through the period (S)
IVF	For outstanding amounts: end-of-period (E) For flows series: sum of observations through the period (S)
FVC	For outstanding amounts: end-of-period (E) For flows series: sum of observations through the period (S)
CBD	end-of-period (E)
CBS	end-of-period (E)
ICPF	For outstanding amounts: end-of-period (E) For flows series: sum of observations through the period (S)
ICO	For flows series: sum of observations through the period (S)
▼M3
IBSI	For outstanding amounts: end-of-period (E) For flows series: sum of observations throughout the period (S)
IMIR	For interest rates on outstanding amounts: end-of-period (E) For interest rates on new business: average of observations through the period (A) For new business volumes: sum of observations through the period (S)
▼M2

Conditional

DOM_SER_IDS (domestic series identifier).This attribute makes it possible to refer to the code used in national databases to identify the corresponding series (formulae using national reference codes can also be specified).

UNIT_INDEX_BASE (unit index base).This attribute is mandatory when associated to a series key that expresses an index. It indicates the base reference and the base value for the indices and is only used for the series of the index of notional stocks derived by the ECB and disseminated to the ESCB.

BREAKS (breaks).This attribute provides a description of breaks and major changes over time in the collection, reporting coverage and compilation of the series. In the case of breaks, state the extent to which old and new data may be considered comparable, where possible.

PUBL_PUBLIC, PUBL_MU, PUBL_ECB (source publication, source publication (euro area only), source publication (ECB only)).These attributes will be set by the ECB if the data are published in ECB publications, in either ECB public or ECB confidential publications. They give a reference (i.e. publications, items, etc.) to published data.

Section 5: Attributes at observation level

If an NCB wishes to revise an attribute assigned at the observation level, the relevant observation(s) must be re-submitted at the same time. If an NCB revises an observation without also providing the relevant attribute value, the existing values will be replaced by the default values.

Mandatory

OBS_STATUS (observation status).

NCBs report an observation status value attached to each exchanged observation. This attribute is mandatory and must be provided with every data transmission for each individual observation. When NCBs revise the value of this attribute, both the observation value (even if unchanged) and the new observation status flag should be retransmitted.

The list below specifies the expected values for this attribute, according to the agreed hierarchy, for the purpose of these statistics:

‘A’

normal value (default for non-missing observations),

‘B’

break value for the following datasets: SSI, MIR, CBD and PSS ( 49 ),

‘M’

missing value, data do not exist,

‘L’

missing value, data exist but were not collected,

‘E’

estimated value ( 50 ),

‘P’

provisional value (this value can be used, in each data transmission, with reference to the last available observation, if this is considered provisional).

In normal circumstances, numeric values should be reported with the observation status ‘A’ (normal value) attached. Otherwise, a value different from ‘A’ is given in accordance with the list above. If an observation is qualified by two characteristics, the most important is reported, in accordance with the hierarchy shown above.

In each data transmission, the most recent available observations can be reported as provisional, and flagged with the observation status value ‘P’. These observations take definite values and are reported with the observation status flag ‘A’ at a later stage when the new revised values and observation status flags overwrite the provisional ones.

Missing values (‘-’) are reported when it is not possible to report a numeric value (e.g. owing to non-existent data or because data are not collected). A missing observation should never be reported as a ‘zero’, since zero is a normal numeric value that indicates a precise and valid amount. If NCBs are unable to identify the reason for a missing value, or if they cannot use the whole range of values presented in the CL_OBS_STATUS code list for reporting missing observations (‘L’ or ‘M’), the value ‘M’ should be used.

When, due to local statistical conditions, data for a time series are not collected either on specific dates or for the total length of the time series (the underlying economic phenomenon exists, but is not monitored statistically), a missing value is reported (‘-’) with observation status ‘L’ for each period.

When, due to local market practices or to the legal/economic framework, a time series (or part of it) is not applicable (the underlying phenomenon does not exist), a missing value is reported (‘-’) with observation status ‘M’.

Conditional

OBS_CONF (observation confidentiality).

NCBs report an observation confidentiality value attached to each exchanged observation. While this attribute is defined as conditional in the ECB structural definition file, it should be provided at every data transmission for each individual observation, as each confidential observation must be appropriately flagged. When NCBs revise the value of this attribute, both the associated observation value and the observation status flag (even if unchanged) should be retransmitted.

The list below specifies the expected values for this attribute for the purpose of these statistics:

‘F’

free for publication,

‘N’

not for publication, restricted to internal use only,

‘C’

confidential statistical information in the sense of Article 8 of Regulation (EC) No 2533/98,

‘S’

secondary confidentiality set and managed by the receiver, not for publication,

‘D’

secondary confidentiality set by the sender, not for publication. This code can be used by the NCBs that already differentiate between primary and secondary confidentiality in their reporting systems. If not, the reporting NCB must use ‘C’ for flagging the secondary confidentiality.

OBS_PRE_BREAK (pre-break observation value). This attribute contains the pre-break observation value, which is a numeric field like the observation ( 51 ). In general, it is provided when a break occurs; in this case the observation status must be set to ‘B’ (break value).
►M3 For the purpose of the BSI, IVF, FVC, OFI, ICPF, ICO and IBSI datasets, this attribute is not requested since the relevant information is already available from the reclassification series or the series expressing financial transactions. ◄ It has been added to the list of attributes since it is part of the common subset of attributes for all datasets.

OBS_COM(observation comment).This attribute can be used to provide textual comments at the observation level (e.g. describing the estimate made for a specific observation due to lack of data, explaining the reason for a possible abnormal observation or giving details of a change in the reported time series).

▼B

ANNEX IV

▼M2

DERIVATION OF TRANSACTIONS IN THE CONTEXT OF MONETARY FINANCIAL INSTITUTIONS' BALANCE SHEET ITEMS, INVESTMENT FUNDS', FINANCIAL VEHICLE CORPORATIONS' AND INSURANCE CORPORATIONS' STATISTICS

PART 1

General description of the procedure for deriving transactions

Section 1: Framework

1. The framework for deriving transactions for monetary financial institutions (MFI) balance sheet items (BSI), investment funds (IF), financial vehicle corporations (FVC) and insurance corporations (IC) assets and liabilities statistics is based on the European system of accounts (hereinafter the ‘ESA 2010’). Deviations from this international standard are made concerning both the data content and statistical concept denominations, where necessary. This Annex is interpreted in accordance with the ESA 2010, unless Regulation (EU) No 1071/2013 (ECB/2013/33), Regulation (EU) No 1073/2013 (ECB/2013/38), Regulation (EU) No 1075/2013 (ECB/2013/40), Regulation (EU) No 1374/2014 (ECB/2014/50), or this Guideline, explicitly or implicitly override its provisions.

2. In accordance with the ESA 2010, financial transactions are defined as the net acquisition of financial assets or the net incurrence of liabilities for each type of financial instrument, i.e. the sum of all financial transactions that occur during the relevant reporting period ( 52 ). Transactions covering each item specified in Regulation (EU) No 1071/2013 (ECB/2013/33), Regulation (EU) No 1073/2013 (ECB/2013/38), Regulation (EU) No 1075/2013 (ECB/2013/40) and Regulation (EU) No 1374/2014 (ECB/2014/50) are calculated on a net basis, i.e. there is no requirement to identify gross financial transactions or turnover ( 53 ). The method of valuation for each transaction is to take the value at which assets are acquired/disposed of and/or liabilities are created, liquidated or exchanged. Nevertheless, deviations from the ESA 2010 are permitted.

3. This Annex reviews the methodology for deriving transactions in the context of BSI, IF, FVC and IC statistics. This part focuses on the calculation of transactions data at the European Central Bank (ECB) and the reporting of the underlying information by NCBs, while Part 2 focuses on the concepts of flow adjustments. Parts 3, 4, 5 and 6 then provide specific information relating to the compilation frameworks for BSI, IF, FVC and IC statistics respectively.

Further details and numerical examples are provided in the manuals on these statistics published on the ECB's website.

Section 2: Calculation of transactions data by the ECB and reporting from the NCBs to the ECB

1. Introduction

1. For BSI, IF and IC statistics, the ECB calculates transactions by taking, for each asset and liability item, the difference between stock positions at end-period reporting dates and then removing the effect of developments that are not the result of transactions, i.e. ‘other changes’. ‘Other changes’ are grouped into two main categories ‘reclassifications and other adjustments’ and ‘revaluation adjustments’, with the latter covering revaluations due to changes in both prices and exchange rates ( 54 ). National central banks (NCBs) report ‘reclassification and other adjustments’ and ‘revaluation adjustments’ to the ECB so that these non-transaction effects can be removed in the calculation of flow statistics.

In the case of BSI statistics, NCBs report adjustment data to the ECB in accordance with Part 1 of Annex II. The ‘revaluation adjustments’ reported by the NCBs consist of write-offs/write-downs of loans and revaluation adjustments due to price changes. Revaluation adjustments due to changes in exchange rates are normally calculated by the ECB, but when NCBs are in a position to compile more accurate adjustments, they may also transmit these adjustments to the ECB directly ( 55 ).

In the case of IF statistics, NCBs report adjustment data to the ECB in accordance with Part 17 of Annex II. The ‘revaluations adjustments’ reported by the NCBs consist of revaluation adjustments due to price and exchange rate changes.

In the case of IC statistics, NCBs report adjustment data to the ECB in accordance with Part 23 of Annex II. The ‘revaluations adjustments’ reported by the NCBs consist of revaluation adjustments due to price and exchange rate changes.

2. In the context of FVC statistics, transactions are reported directly by NCBs to the ECB, rather than the flow adjustments. The calculation of the transactions (either directly by reporting agents, or by NCBs) should be consistent with the general approach to reclassifications and other adjustments and revaluations provided in this Annex.

2. Reclassifications and other adjustments

1. NCBs compile data on ‘reclassifications and other adjustments’, as requested by this Guideline, using supervisory information, plausibility checks, ad hoc enquiries (e.g. related to outliers), national statistical requirements, information on joiners and leavers of the reporting population and any other source available to them. The ECB is not expected to make ex post adjustments unless the NCBs identify sharp changes in the final data.

2. NCBs identify changes in stocks that are due to reclassifications and enter the net amount identified under ‘reclassifications and other adjustments’. A net increase in stocks due to reclassifications is entered with a positive sign, a net decrease in stocks with a negative sign.

3. In principle, the NCBs fulfil all requirements relating to ‘reclassifications and other adjustments’ specified in this Guideline. As a minimum, the NCBs send all ‘reclassifications and other adjustments’ above EUR 50 million. This threshold is intended to help the NCBs decide whether to make an adjustment or not. However, when information is not readily available or of poor quality, a decision can be made either to do nothing or to make estimates. For this reason, flexibility is needed in the operation of such a threshold, not least because of the heterogeneity of existing procedures for calculating adjustments. For example, where relatively detailed information is collected regardless of the threshold, it may be counterproductive to try to apply such a threshold.

3. Revaluation adjustments

1. In order to fulfil the requirements relating to ‘revaluation adjustments’ specified in this Guideline, NCBs may need to calculate the adjustments from transactions, security-by-security data or other data reported by the reporting population and/or estimate the adjustments in respect of some of the breakdowns not reported by the reporting population because they are not considered as ‘minimum requirements’.

2. The ‘revaluation adjustments’ are normally compiled by NCBs on the basis of data directly reported by the reporting population. NCBs, however, may also cover these reporting requirements indirectly (e.g. by collecting data on transactions directly) and in any case are permitted to collect additional data from reporting agents. Whichever approach is used at national level, the NCBs are required to submit a full set of data to the ECB in accordance with Part 1 of Annex II for BSI statistics, Part 17 of Annex II for IF statistics, and Part 23 of Annex II for IC statistics.

▼B

PART 2

The flow adjustments in general

Section 1: Reclassifications and other adjustments

‘Reclassifications and other adjustments’ comprise any change in the balance sheet of the reference sector that arises as a result of changes in the composition and structure of the reporting population, changes in the classification of financial instruments and counterparties, changes in statistical definitions and the (partial) correction of reporting errors, all of which gives rise to breaks in the series, and hence affect the comparability of two successive end-of-period stocks. Euro area enlargements can be viewed as a special case of ‘reclassifications and other adjustments’.

1. Changes in the composition of the reporting sector

1. Changes in the composition of the reporting sector may give rise to the transfer of business across economic sector boundaries. Such transfers do not represent transactions and are therefore treated as an adjustment in ‘reclassifications and other adjustments’.

2. An institution that joins the reporting sector may transfer business into the sector, whereas an institution leaving it may transfer business out of the sector. However, to the extent that the joining institution starts its business ex novo after having joined the reporting sector, this represents a financial transaction that is not removed from statistical data ( 56 ). Similarly, where a leaving institution decreases its activities prior to leaving the reporting sector, this is captured as a transaction in the statistical data.

3. The net effect of the joiners or leavers on the aggregated assets and liabilities of the reporting sector is calculated by aggregating the first assets and liabilities reported by new entrants and the last assets and liabilities reported by the leavers and, for each item, taking the difference between the two. This net figure is entered under ‘reclassifications and other adjustments’. In certain circumstances there can be an effect on the counterparties’ reporting, so this effect must also be included in the adjustments, in this case as a change in sector. For instance, if an MFI surrenders its authorisation but continues to operate as an other financial intermediary (OFI) funded through the interbank market, then there is an artificial rise in MFI lending to OFIs, which requires an adjustment (covered by ‘changes in the classification counterparties’).

2. Changes in the structure of the reporting sector

1. Changes in the structure of the reporting sector arise in the context of intra-group reorganisations or mergers, acquisitions and divisions. These corporate restructuring operations typically lead to changes in the valuation of financial assets and liabilities; revaluation adjustments are entered to reflect these changes and thus allow transactions to be correctly derived. Moreover, the operations often give rise to the transfer of financial assets and liabilities from the balance sheet of one institutional unit to another (change in ownership). The boundary for treating transfers of assets as transactions is defined by the existence of two separate institutional units which act by mutual agreement. If, however, the transfers occur as a result of the creation or disappearance of an institutional unit, they should be treated as ‘reclassifications and other adjustments’. In particular, if a merger or acquisition leads to the disappearance of one or more institutional units, all cross-positions that existed between the merging institutions and that are netted at the time when the units cease to exist disappear from the system and reclassification adjustments must be reported accordingly. Corporate divisions are treated symmetrically.

2. A more thorough analysis of changes in the structure of the reporting sector arising in the context of corporate restructuring and detailed numerical examples may be found in guidance material provided by the ECB, e.g. the ‘Manual on MFI balance sheet statistics’ and the ‘Manual on investment fund statistics’.

3. Other cases of ‘reclassifications and other adjustments’

1. Changes in the sector classification or residence of customers give rise to a reclassification of assets/liabilities vis-à-vis these counterparties. Such changes in classification occur for a number of reasons, e.g. because a governmental entity changes economic sector after privatisation, or because mergers/divisions alter the principal activity of corporations. Similarly, the instrument classification of assets and liabilities can change, for instance when loans become negotiable and are accordingly regarded as debt securities for statistical purposes. As these reclassifications result in changes in the reported stock positions but do not represent a transaction, an adjustment must be introduced to remove their impact from the statistics.

2. Within the limits defined by the revision policy, NCBs correct reporting errors in the stock data as soon as the errors are identified. Ideally, the corrections entirely remove the error from the data, especially where the error affects a single period or a limited time range. In these circumstances, no break in series occurs. However, where the error affects historical data and no correction of past data is made or is made only for a limited time range, then a break occurs between the first period with the corrected figure and the last period containing the incorrect figure. In this case, NCBs identify the size of the break that occurs and enter an adjustment under ‘reclassifications and other adjustments’. Similar practices apply to the implementation of changes of statistical definitions affecting reported data, as well as to correcting for breaks that may be due to the introduction, change or abandonment of grossing-up methods.

Section 2: Revaluation adjustments

1. Write-offs/write-downs of loans

The adjustment for ‘write-offs/write-downs’ refers to the impact of changes in the value of loans recorded on the balance sheet that are caused by the application of write-offs/write-downs of loans. This adjustment also reflects the changes in the level of loan loss provisions, for instance if the outstanding stocks are recorded net of provisions pursuant to Article 8(4) of Regulation (EU) No 1071/2013 (ECB/2013/33). Losses recognised at the time the loans are sold or transferred to a third party are also included, where identifiable.

2. Revaluation adjustments due to changes in prices

1. The adjustment of the price revaluation of assets and liabilities refers to fluctuations in the valuation of assets and liabilities that arise because of a change in the price at which assets and liabilities are recorded or traded. The adjustment includes the changes that occur over time in the value of end-period stocks because of changes in the reference value at which assets and liabilities are recorded, i.e. holding gains/losses. It may also contain valuation changes that arise from transactions in assets/liabilities, i.e. realised gains/losses; however, there are divergent national practices in this respect.

2. The nature and extent of ‘revaluation adjustments’ are determined by the adopted method of valuation. Although it is recommended that both sides of the balance sheet are recorded at market value in practice a variety of different valuation methods may be employed on both the liabilities and the assets sides.

Section 3: Revaluation adjustments due to exchange rate changes

1. For the purpose of submitting statistical data to the ECB, the NCBs ensure that asset and liability positions denominated in foreign currencies are translated into euro at market exchange rates prevailing on the day to which the data relate. ECB reference exchange rates should be used ( 57 ).

2. Movements in exchange rates against the euro that occur between end-period reporting dates give rise to changes in the value of foreign currency assets and liabilities when expressed in euro. As these changes represent holding gains/losses and are not financial transactions, the valuation effects need to be identified so that they can be excluded from transactions. Revaluation adjustments due to exchange rate changes may also contain valuation changes that arise from transactions in assets/liabilities, i.e. realised gains/losses; however, there are divergent national practices in this respect.

PART 3

Flow adjustments: special features in BSI statistics

Section 1: Introduction

1. In the case of BSI statistics, each NCB submits separate adjustment data covering its own balance sheet and the other MFIs’ balance sheet. Adjustments to the ECB balance sheet are also internally compiled by the ECB Directorate Internal Finance. The NCBs submit adjustments for all items on the MFIs balance sheet in accordance with the frequency indicated in Article 3(2) of this Guideline. In this process, NCBs may need to calculate and/or estimate adjustments for some of the breakdowns not reported by the MFIs because they are not considered ‘minimum requirements’ in Table 1A of Part 2 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33). Part 1 of Annex II of this Guideline indicates whether only ‘reclassifications and other adjustments’ or also ‘revaluation adjustments’ need to be submitted to the ECB.

The adjustments for movements in exchange rates are calculated by the ECB. For this reason, adjustments provided by the NCBs in respect of balances denominated in foreign currencies exclude the effect of changes due to the exchange rate. The ECB calculates exchange rate adjustments using currency proportions derived from the breakdown of assets and liabilities into major currencies that are available in Table 4 of Part 3 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33). The detailed method used by the ECB to calculate exchange rate adjustments is provided in its ‘Manual on MFI balance sheet statistics’. When NCBs are in a position to compile more accurate adjustments, they may also transmit these adjustments to the ECB.

2. Flow adjustments are subject to the same double-entry accounting system as stocks. In all cases, adjustments have a counterpart which, in many cases, is likely to be ‘capital and reserves’ or ‘remaining liabilities’, depending on the operation or the national accounting rules.

3. In the context of the BSI statistics compilation framework, financial transactions should generally be measured at the transaction value, which may not necessarily be the same as the price listed in the market or the fair value of the asset at the time of the transaction. The transaction value does not include service charges, fees, commissions, or similar payments for services provided in carrying out the transaction.

4. Interest on deposits, loans and debt securities issued and held should be recorded on an accrual basis, but should never be recorded as a transaction with the instrument concerned. For loans and deposits this is guaranteed by the requirement specified in Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33) to record accrued interest on these instruments in‘remaining assets’ and ‘remaining liabilities’. The Regulation, however, contains no rule on the treatment of accrued interest on debt securities issued or held by MFIs. In fact, accrued interest is often intrinsic to market prices and difficult to disentangle from the accounting price as it is reported in the statistical balance sheet. In the interest of coherent and cross-country comparable data, the following rule should be applied:

(a) if accrued interest is intrinsic to the accounting price as it is reported in the statistical balance sheet, it should be subject to a revaluation adjustment;

(b) if accrued interest is excluded from the stock value of the securities to which it relates in the statistical balance sheet, it is classified under ‘remaining assets’ or ‘remaining liabilities’, and not treated as a revaluation adjustment.

This suggested treatment is also reflected in the reporting requirements laid down in this Guideline (see Section 3 of Part 4 of Annex II) ( 58 ).

Section 2: Revaluation adjustments

1. Write-offs/write-downs

1. NCBs report to the ECB data on loans write-offs/write-downs in accordance with Part 1 of Annex II. NCBs are expected to fulfil the requirements on the basis of data reported by MFIs. In particular, NCBs collect, as a minimum, the mandatory requirements specified in Table 1A of Part 4 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33), but may also collect additional data not covered by such minimum requirements. In order to provide a full report to the ECB, NCBs are expected to allocate the adjustments taking into account the accounting rules regarding bad loans ( 59 ) and the relative credit risk of each sector. Where there is insufficient information to allocate the adjustment, it may be broken down into Regulation (EU) No 1071/2013 (ECB/2013/33) categories on a pro rata basis determined by the size of the stock positions.

2. Write-downs that occur at the time when a loan is securitised (or otherwise transferred) and write-offs/write-downs on serviced loans are reported to the ECB on a best efforts basis in accordance with Table 3 of Part 1 of Annex II ( 60 ).

2. Revaluation adjustments due to changes in prices of securities

1. Price revaluations affect only a limited range of balance sheet items: on the liabilities side, the item ‘debt securities issued’ and, on the assets side, ‘debt securities held’, ‘equity’ and ‘investment fund shares/units’. In turn their counterparts are allocated mainly to ‘capital and reserves’ and ‘remaining liabilities’. Deposits and loans have fixed nominal values and are therefore not subject to price changes. See the ECB’s ‘Manual on MFI balance sheet statistics’ for a detailed description of the linkages between price revaluations and their counterpart entries.

2. On the liabilities side, revaluations for changes in prices of debt securities issued remain outside the ‘minimum requirements’ set out in Regulation (EU) No 1071/2013 (ECB/2013/33) and are thus not mandatory. On the assets side, the minimum requirements for price revaluations on debt securities held cover only the maturity bracket ‘over two years’; if no other information is available, it can be assumed that they equal the total amount of price revaluation adjustments in respect of holdings of debt securities issued by each relevant sector.

3. The size and content of the revaluation adjustments on holdings of securities depends on the valuation method used in the compilation of the statistical balance sheet. For the purpose of the collection of these data, NCBs can approach reporting agents in two ways. One approach is to let MFIs report revaluation adjustments which are then aggregated and transmitted to the ECB. Alternatively, NCBs can require reporting agents to report directly observed transactions, from which NCBs derive revaluation adjustments to be transmitted (on an aggregated basis) to the ECB. The ‘Manual on MFI balance sheet statistics’ provides an in-depth methodological description of the two approaches and the corresponding admitted compilation methods.

4. NCBs may also collect the required statistical information on securities (e.g. carrying value on the balance sheet, market value, sales and purchases) on a security-by-security basis, and derive the aggregated statistical information (including data on price revaluation adjustments) in accordance with the minimum standards specified in Regulation (EU) No 1071/2013 (ECB/2013/33).

5. In principle, NCBs are restricted to the above methods. However, other methods can also be used if they are shown to be capable of delivering data of comparable quality.

Section 3: Monthly flow adjustments — special adaptations

1. ECB/NCB balance sheet statistics

1. The requirements for the ECB/NCBs have been slightly modified compared to the requirements of other MFIs to reflect the activities of the ECB/NCBs. Certain items have been removed, i.e. no data are required on the breakdown of repos or deposits with periods of notice. Other items have been added, i.e. on the liabilities side, ‘counterpart of SDRs’ and, on the assets side, ‘gold and gold receivables’ and ‘receivables from drawing rights, SDRs, other’, as stocks for these items are also required under this Guideline. The ECB/NCBs submit adjustment data for each of these items.

2. The ECB/NCBs submit adjustments in accordance with the procedures outlined above. However, some modifications can be identified:

— reclassifications and other adjustments: not all sources of the adjustments are relevant; e.g. ‘changes in the composition of the reporting sector’ are not applicable. In derogation from the general guidance, a lower threshold of EUR 5 million is set in this case to guarantee the accuracy of flows in NCB balance sheets,

— revaluation adjustments due to changes in prices and exchange rates: the general provisions apply except as regards the ECB, which is allowed to report directly the exchange rate adjustments based on accounting data.

2. Money market funds

1. The NCBs include adjustments data on money market funds (MMFs) when fulfilling their reporting obligations in respect of ‘reclassifications and other adjustments’ and ‘revaluation adjustments’. These adjustments are also reported separately for MMFs in accordance with the dedicated quarterly reporting scheme.

2. Article 9(3) of Regulation (EU) No 1071/2013 (ECB/2013/33) provides that NCBs may grant derogations to some or all MMFs in respect of the reporting of revaluation adjustments. In these cases, NCBs are nevertheless expected to provide information on a best efforts basis, especially when the amounts involved are significant.

3. The calculation of price revaluation adjustments on MMF assets follows the common procedure applicable to all MFIs. On the liabilities side, positive changes in the value of MMF shares/units have traditionally been considered as transactions, in parallel to the payment (as opposed to the accrual) of interest on deposits, implying that the counterpart of the revaluations on the assets side would not be ‘money market fund shares/units’ but ‘remaining liabilities’. However, with respect to cases where MMF shares/units decline in price as a result of losses on the fund’s assets, this cannot be compared to interest payments. Against this background, Table 1A of Part 4 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) includes requirements on price revaluations for MMF shares/units; NCBs are required to use this item to balance the price revaluations on the assets side, when relevant. The allocation should be performed in such a way as to only cover the actual price revaluations that are reflected as changes in the value of MMF shares/units.

3. General government liabilities (and assets)

Stock data are collected for deposit liabilities and assets of the general government. For the purpose of compiling transactions, adjustments data are, in principle, also supplied in accordance with the requirements established for MFI balance sheet statistics. In practice, changes other than transactions, i.e. due to exchange rate or market price changes, are unlikely to occur. These data are reported as indicated in Part 3 of Annex II.

4. Memorandum items

Stock data for the breakdown of debt securities issued by MFIs according to the residency of the holder are collected for the calculation of monetary aggregates. In order to derive transactions, reclassification adjustments, exchange rate adjustments and revaluation adjustments are calculated for these memorandum items. These data are reported as indicated in Part 4 of Annex II.

Section 4: Calculation of flow adjustments on quarterly reporting requirements

1. The procedure for calculating quarterly transactions for the balance sheet items of Table 2 of Part 3 of Annex I to Regulation (EU) No 1071/2013 (ECB/2013/33) is similar to that applied for deriving monthly transactions for the balance sheet items of Table 1 of Part 2 of Annex I to that Regulation. Flow adjustments are calculated in accordance with the following principles:

(a) When an adjustment is submitted for Table 1, it may affect the breakdown items contained in Table 2. Consistency should be ensured between the two sets of data, i.e. the sum of the monthly adjustments must equal the quarterly adjustment. If a threshold is established for the quarterly adjustments, or the quarterly adjustments cannot be identified in full or to the same level of detail as the monthly adjustment, the adjustment is calculated so as to avoid discrepancies with the adjustment reported for the monthly data.

(b) As regards ‘price revaluation of securities’, inconsistencies between monthly and quarterly data may arise depending on the approach which is followed to derive the adjustments. The ‘Manual on MFI balance sheet statistics’ provides detailed guidance on the procedure to be put in place in those cases to ensure consistency between monthly and quarterly adjustments.

(c) Adjustments may be needed for the quarterly tables even if no adjustment is reported in Table 1. This is the case when a reclassification takes place at the quarterly level of detail but is cancelled out at the more aggregated monthly level. It may also apply to ‘revaluation adjustments’ when the different components of a monthly item move in different directions. Consistency is also ensured between monthly and quarterly data in these cases.

The same principles are applied for the derivation of flow adjustments for memorandum items collected under the requirements of Parts 3 and 4 of Annex II.

2. The extent to which NCBs supply adjustments for quarterly statistics depends on their ability to identify or estimate, to a reasonable degree of accuracy, the detailed sectoral/instrument classification of existing monthly adjustments. With respect to ‘reclassifications and other adjustments’, information is normally available. In particular, the NCBs typically have sufficiently detailed information to easily allocate large one-off adjustments (e.g. a reclassification due to a reporting error) to specific quarterly items. Likewise, quarterly adjustments due to changes in the reporting population do not imply difficulties for the NCBs. In respect of ‘revaluation adjustments’, write-offs and price revaluations are often more difficult to obtain due to the lack of the appropriate breakdowns in the original data sources. It is expected that the ‘revaluation adjustment’ is based, at least in part, on estimates. The provision of estimates is accompanied by explanatory notes on the method used (e.g. missing breakdowns are estimated on a pro rata basis by using stock data).

PART 4

Flow adjustments: special features in IF statistics

Section 1: Introduction

1. For IF statistics, NCBs submit revaluations adjustments, covering both revaluations due to price and exchange rate changes and reclassification adjustments for all items on the IF balance sheet, in accordance with the frequency indicated in Article 19. In this process, NCBs may need to calculate and/or estimate the adjustments to some of the breakdowns not reported by the IFs because they are not considered ‘minimum requirements’ in Table 3 of Part 3 of Annex I to Regulation (EU) No 1073/2013 (ECB/2013/38).

2. Flow adjustments are subject to the same double-entry accounting system as stocks. In all cases, adjustments have a counterpart which, in many cases, is likely to be ‘IF shares/units issued’ or ‘remaining liabilities’, depending on the operation or the local accounting rules.

3. In principle, the following guidance is given for the transaction values of deposits/loans and securities. The transaction value of deposits/loans and securities excludes fees, etc. The transaction value of a deposit/loan excludes accrued interest that is receivable/payable but has not yet been received or paid. Instead, accrued interest on deposits/loans is recorded under ‘remaining assets’ or ‘remaining liabilities’, as appropriate.

Accrued interest on securities held and issued is included in the stock data on securities and in the transaction value.

Section 2: Revaluation adjustments

1. Regulation (EU) No 1073/2013 (ECB/2013/38) allows flexibility in terms of the type of data needed to calculate the revaluation adjustments of assets and liabilities and the form in which these data are collected and compiled. The decision on the method is left to the NCBs.

2. The following two options exist for deriving revaluation adjustments for securities collected on a security-by-security basis:

— IFs report security-by-security information that allows NCBs to derive revaluation adjustments: IFs report to NCBs the information required by paragraphs 1, 2 and 4 of Table 2 of Part 3 of Annex I to Regulation (EU) No 1073/2013 (ECB/2013/38) on a security-by-security basis. This information permits NCBs to obtain accurate information on the ‘revaluation adjustments’ to be submitted to the ECB. When this option is followed, NCBs may derive the ‘revaluation adjustments’ in accordance with the common Eurosystem method, i.e. the ‘flow-derivation method’, as described in the IF manual accompanying the Regulation,

— IFs directly report transactions on a security-by-security basis to the NCB: IFs report the cumulated amounts of purchases and sales of securities which have occurred during the reference period as set out in paragraphs 1 and 3 of Table 2 of Part 3 of Annex I to Regulation (EU) No 1073/2013 (ECB/2013/38) on a security-by-security basis. NCBs calculate the ‘revaluation adjustments’ by taking the difference between end-period stocks and removing the transactions, and submit the revaluation adjustments to the ECB in accordance with this Guideline.

3. For assets and liabilities other than securities or for those securities which are not collected on a security-by-security basis, the following two options exist for deriving revaluation adjustments:

— IFs report aggregated adjustments: IFs report the adjustments applicable to each item, reflecting the valuation changes due to price and exchange rate changes ( 61 ). NCBs that choose this method aggregate the adjustments reported by IFs for the submission of data to the ECB,

— IFs report aggregated transactions: IFs accumulate transactions during the month and transmit the value of purchases and sales to the NCB. NCBs that receive transactions data calculate the ‘revaluation adjustments’ as a residual from the difference between the stocks and the transactions, and submit the revaluation adjustment to the ECB in accordance with this Guideline.

PART 5

Flow adjustments: special features in FVC statistics

Section 1: Introduction

For FVC statistics, NCBs submit transactions for all items on the FVC balance sheet in accordance with Article 20. FVC reporting agents provide the transactions as defined in Part 3 of Annex II to Regulation (EU) No 1075/2013 (ECB/2013/40) directly to the relevant NCB or, alternatively, reporting agents may instead provide, with the agreement of the NCB, revaluation adjustments and other changes in volume which allow the NCB to derive transactions in accordance with the principles set out in this Annex.

Section 2: Write-offs/write-downs

1. NCBs report to the ECB data on write-offs/write-downs in securitised loans in accordance with Article 20. Write-offs/write-downs recognised at the time a loan is sold or transferred to a third party are also included, where identifiable.

2. Instead of providing the data on write-offs/write-downs reporting agents may, in agreement with the relevant NCB, provide other information which allows the NCB to derive the required data on write-offs/write-downs.

▼M2

PART 6

Flow adjustments: special features in IC statistics

Section 1: Introduction

1. For IC statistics, NCBs submit revaluations adjustments, covering both revaluations due to price and exchange rate changes and reclassification adjustments for all items on the IC balance sheet, in accordance with Article 26a. In this process, NCBs may need to calculate and/or estimate the adjustments not reported by the ICs. This includes those data where the corresponding stock series are reported on an item-by-item basis, those which are not considered ‘minimum requirements’ in Table 3a and 3b of Annex III to Regulation (EU) No 1374/2014 (ECB/2014/50) and data on insurance technical reserves.

Section 2: Revaluation adjustments

1. Regulation (EU) No 1374/2014 (ECB/2014/50) allows flexibility in terms of the type of data needed to calculate the revaluation adjustments of assets and liabilities and the form in which these data are collected and compiled. The decision on the method is left to the NCBs.

2. The following two options exist for deriving revaluation adjustments for securities collected on a security-by-security basis. NCBs may follow a similar approach for assets other than securities when they collect item-by-item data.

— ICs report security-by-security information that allows NCBs to derive revaluation adjustments: ICs report to NCBs the information required by paragraphs 1, 2 and 4 of Tables 2.1 and 2.2 of Part 3 of Annex I to Regulation (EU) No 1374/2014 (ECB/2014/50) on a security-by-security basis. This information permits NCBs to obtain accurate information on the‘revaluation adjustments’ to be submitted to the ECB. When this option is followed, NCBs may derive the ‘revaluation adjustments’ in accordance with the common Eurosystem method, i.e. the ‘flow-derivation method’, as described in the IC manual accompanying the Regulation and this Guideline,

— ICs directly report transactions on a security-by-security basis to the NCB: ICs report the cumulated amounts of purchases and sales of securities which have occurred during the reference period as set out in paragraphs 1 and 3 of Tables 2.1 and 2.2 of Part 3 of Annex I to Regulation (EU) No 1374/2014 (ECB/2014/50) on a security-by-security basis. NCBs calculate the ‘revaluation adjustments’ by taking the difference between end-period stocks and removing the transactions, and submit the revaluation adjustments to the ECB in accordance with this Guideline.

3. For insurance technical reserves maintained by ICs, the following two options exist for deriving approximations of revaluation adjustments:

— ICs report aggregated adjustments or transactions according to the NCBs' instructions. NCBs that choose this method aggregate the adjustments reported by ICs for the submission of data to the ECB,

— NCBs derive approximations based on data provided by ICs.

4. For assets and liabilities other than those collected on an item-by-item basis and insurance technical reserves maintained by ICs, the following three options exist for deriving revaluation adjustments:

— ICs report aggregated adjustments: ICs report the adjustments applicable to each item, reflecting the valuation changes due to price and exchange rate changes. NCBs that choose this method aggregate the adjustments reported by ICs for the submission of data to the ECB,

— ICs report aggregated transactions: ICs accumulate transactions during the quarter and transmit the value of purchases and sales to the NCB. NCBs that receive transactions data calculate the ‘revaluation adjustments’ as a residual from the difference between the stocks and the transactions, and submit the revaluation adjustment to the ECB in accordance with this Guideline, or

— NCBs derive approximations based on data provided by ICs.

▼M2

ANNEX V

LIST OF INSTITUTIONAL UNITS FOR STATISTICAL PURPOSES

PART 1

Mapping of Register of Institutions and Affiliates Database (RIAD) attribute list against specific data sets maintained for statistical purposes

Attribute name ()	Relevant in the context of the list of
	MFIs		IFs		FVCs		PSRIs ()		ICs
	Type	Update frequency	Type	Update frequency	Type	Update frequency	Type	Update frequency	Type	Update frequency
‘Non-industry’ IDs
— RIAD code	M	d	M	q	M	q	M	a	M	q
— Nationals business register	E	d	E	q	E	q	O	a	E	q
— EGR code	E	d			E	q
— LEI (as available)	M	d	M	q	M	q	M	a	M	q
‘Industry’ IDs
— BIC	E	d
— ISINs	E	d	M	q	M	q			E	q
Name	M	d	M	q	M	q	M	a	M	q
Country of residence	M	d	M	q	M	q	M	a	M	q
Address	M	d	M	q	M	q	M	a	M	q
Area code	M	d	M	q	M	q	M	a	M	q
Legal form	E	d	E	q	E	q	E	a	E	q
Flag Listed	M	d	M	q	M	q	O	a	M	q
Flag Supervised	M	d	M	q	M	q	M	a	M	q
Flag Subject to Directive 2009/138/EC									M	q
Reporting requirements	E	d	E	q	E	q	E	a	E	q
Type of licence	M	d	M	q	M	q	O	a	E	q
Capital variability			M	q
UCITS compliance			M	q
Legal set-up			M	q
Flag Sub-fund			M	q
Nature of securitisation					M	q
Flag E-money issuer — licence							M	a
Flag E-money issuer — business							M	a
Flag Payment service provider — licence							M	a
Flag Payment service provider — business							M	a
Flag Payment system operator							M	a
Comment	O	d	O	q	O	q	O	a	O	q
NACE code	M	d	M	q	M	q	E	a	M	q
Total employment	E	a	O	a	E	a	O	a	E	a
Total solo balance sheet (ECB Regulation)	M	a	E	a	E	a			E	a
Net assets, net asset value	E	a	M	a
Gross premiums written									M	a
ESA 2010	M	d	M	q	M	q	M	a	M	q
Subsector type	M	d	M	q	M	q	M	a	M	q
Birth date	O	d	O	q	O	q	O	a	O	q
Closure date	M	d	M	q	M	q	M	a	M	Q
Flag Activity status	M	d	M	q	M	q	M	a	M	Q
Minimum reference data () requested for
Originator of FVC					M	q
Management company			M	q	M	q
Head of branch	M	d							M	Q
(1) For further description and metadata see Part 3. (2) PSRIs: payment statistics relevant institutions; please note that the list of PSRIs may overlap with the list of MFIs M (mandatory), E (encouraged), O (optional), blank (not applicable) Frequency: a (annual), q (quarterly), m (monthly) d (daily/as soon as a change occurs). Timeliness: for annual data is (if not specified elsewhere) one month following the reference date.

PART 2

Types of relationships between organisational units

	Type	Update frequency
1. Organisational relationships within an enterprise
Relationship between a legal unit(s) and an enterprise.	O	—
2. Relationships within an enterprise group
Control relationship	E ()	Q
Ownership relationship	E ()	Q
3. Other relationships
Link between an ‘originator’ and its FVC	M	Q
Link between a ‘management company’ and its FVC/IF	M	Q
Link between a ‘non-resident branch’ and its resident ‘head’	M	Q
Link between a ‘resident branch’ and its non-resident ‘head’	M	Q
Link between a ‘sub-fund’ and an ‘umbrella fund’	M	Q

Link to predecessor/successor in the event of an absorption/break-up	M	d/q
(1) only for ‘large banking groups’ with headquarters in the euro area (see Article 12)

PART 3

Definitions and refinement of reporting instructions

RIAD code	The unique identification code for any organisational unit in RIAD comprised of two parts: ‘host’ and ‘id’. The values for the two parts combined ensure that this primary key is unique: — 2-digit country ISO-3166 country codes, — free string. [compulsory item for creating an entity in RIAD]
Alias identifiers	Open list of a multitude of identification codes consisting of identifiers that may or may not adhere to any (semi) industry standard. As it can include pure ‘national’ codes the entire list is not compulsory for all data-providing institutions. Examples are national business register codes, the EuroGroups Register code, the Legal Entity Identifier (as available) and the ‘BIC’ code. In order to be operational in the data exchange between an NCB and RIAD the identifier must be registered in a specific code list of the system.
ISIN	‘International Securities Identifying Number’ as defined in the ISO 6166. In RIAD the ISIN code appears in two ways: — in the case of IFs and FVCs the reporting requirements include the obligation to report (all) outstanding (not redeemed) securities issued by an financial corporation, — as each security issued by a corporation is equally identifying the entity in an unique way, any single ISIN code of issued (and possibly) quoted shares or other outstanding debt securities can be used to identify the organisational unit itself.

Name	Full registration name, including company designations (e.g. Plc, Ltd, SpA, AG, etc.).
Country of residence	Country of legal incorporation or registration. [compulsory item for creating an entity in RIAD]
Address	The location details of an organisational unit; where applicable composed of four parts:
City	— the city of location,
Address	— the street name and the number of the building,
Postal code	— the post code, using the national postal system conventions,
Postal box	— the post office box number, using national postal system conventions.
Area code	Geographical classification required for statistical purposes.
Legal form	The domain of applicable legal forms follows individual national code lists, and needs to be registered in RIAD before it can be used in the data transfer by any data-providing NCBs.
Flag Listed ()	Flag indicating if an organisational unit is listed at any stock exchange (domestic or abroad); can inversely be used to indicate the ‘delisting’ of an entity.
Flag Supervised ()	Flag indicating whether an entity is subject to any supervisory regime entrusted to national and/or supranational authorities.
Flag Subject to Directive 2009/138/EC	Flag indicating whether an entity is subject to Directive 2009/138/EC or any other supervisory regime (possible values: ‘Directive 2009/138/EC’/‘other’). To be filled in only if the entity is supervised.
Reporting requirements	Open code lists that can be used to record in a central repository which national and/or supra-national reporting obligations an entity is subject to; one entity can be subject to multiple requirements. The domain of applicable individual national code lists needs to be registered in RIAD before it can be used in the data transfer by any data-providing NCBs.
Type of licence	Attribute indicating if an entity is holding a (specific) licence as certified by national and/or supranational authorities. Detailed national code lists can be registered in RIAD to allow the identification of specific licence regimes/frameworks.

Capital variability	This variable specifies any restrictions on the amount of shares the fund may issue, i.e. representing an ‘open-end’ or ‘closed-end’ fund.
UCITS compliance	Flag specifying if a fund is ‘UCITS’ compliant.
Legal set-up	This variable specifies the legal form which an IF can take.
Sub-fund	This variable specifies whether an IF is a sub-fund.
Nature of securitisation	This variable specifies the type of securitisation undertaken by an FVC.
Flag E-money issuer — licence ()	Flag indicating whether an entity holds a specific ‘electronic money issuer’ licence (according to Article 2 of Directive 2009/110/EC of the European Parliament and of the Council) (2).
Flag E-money issuer — business ()	Flag indicating whether an entity is actually carrying out the business of an ‘electronic money issuer’.
Flag Payment service provider — licence ()	Flag indicating whether an entity holds a specific ‘payment service provider’ licence (according to Article 4 of Directive 2007/64/EC).
Flag Payment service provider — business ()	Flag indicating if an entity is actually carrying out the business of a ‘payment service provider’.
Flag Payment system operator ()	Flag indicating if an entity is a ‘payment system operator’ according to Article 1 of Regulation (EU) No 1409/2013 (ECB/2013/43)
Comment	Free text.

NACE	Principal activity in accordance with NACE Rev.2 (4 digits class).
Total employment	Number of employees; if possible measured in ‘full time equivalents’ (FTEs).
Total solo balance sheet (ECB Regulation)	Total balance sheet amount according to the respective BSI/IF/FVC/IC Regulation (denominated in EUR).
Net assets, NAV	For IFs the value of ‘shares/units’ (NAV); for credit institutions approximated by ‘capital and reserves’ (denominated in EUR).
Gross premiums written	For ICs the value of gross premiums written comprising all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
ESA 2010	ESA 2010 institutional sectors (4-digit code); may include classification public/national private/foreign controlled.
Subsector type	Expansion of the ESA 2010 classification, allowing the identification of sub-categories of the standard National Accounts breakdown. For ICs it indicates the type of insurance corporation according to its line of business. Can take the values: life insurance, non-life insurance, composite insurance, reinsurance.

Birth date	Date of legal incorporation of a legal unit or registration of an institutional unit; if this information cannot be derived (with reasonable effort) an approximation needs to be provided. [compulsory item for creating an entity in RIAD; can be approximated]
Closure date	Date of de-registration of an entity. All entities stay in RIAD even beyond their ‘closure date’.
ad existence	Queries concerning whether an individual unit ‘exists’ at a specific point in time (or not) can be derived from the ‘closure date’.
Activity status ()	Flag indicating if an entity is ‘active’, ‘not active’ or ‘in liquidation’; this attribute is an addition to the information concerning whether an entity is (still) in existence.
ad liquidation	The validity start date of the value ‘in liquidation’ (see ‘activity status’) marks the date of the start of the liquidation process.
ad absorption	In RIAD corporate actions such as mergers and splits are mapped by registering the relevant deletions, modifications or creations plus the related predecessor/successor relationships.

Relationship between legal unit(s) and enterprise	Allows the recording of the relationship between a legal unit and the enterprise that it operates, reflecting the concept that an enterprise may correspond either to one legal unit or to a combination of legal units.
Control relationship	Link between legal units, based on the concept of ‘control’ as defined in Directive 2013/34/EU of the European Parliament and of the Council (3) (> 50 % ownership rule).
Ownership relationship	Link between legal units, based on the concept of percentage ‘capital share’, ‘voting rights’ etc. as for example represented by the > 10 % rule defined in the Organisation for Economic Cooperation and Development FDI benchmark.
Link between a ‘sub-fund’ and an ‘umbrella fund’	Allows the recording of the respective relationships if an umbrella fund segregates its assets into different sub-funds in such a way that shares/units relating to each sub-fund are independently backed by different assets (see Regulation (EU) No 1073/2013 (ECB/2013/38).

Management company	Description of the registered management company of a fund or financial vehicle corporation — name, residency, institutional sector code and RIAD code (for Union resident units). Needs to be linked to any related IF(s) or FVC(s) that the entity is managing.
Head	Description of the registered head office of a branch operating in a Union Member State — name, residency, institutional sector code and RIAD code (for Union resident units). Needs to be linked to the relevant branch established in a Union country.
Originator	Description of the registered company that established the FVC for the purpose of the securitisation and transferred the assets, or a pool of assets, and/or the credit risk of the asset or pool of assets to the securitisation structure — name, residency, institutional sector code and RIAD code (for Union resident units). Needs to be linked to the relevant FVC(s) that the entity has established.
Resident branch	A branch which is resident within the territory of the reporting NCB, and whose head office is a non-resident entity, within the meaning of Article 1 of Regulation (EC) No 2533/98.
Non-resident branch	A branch which is resident outside the territory of the reporting NCB, and whose head office is a resident entity, within the meaning of Article 1 of Regulation (EC) No 2533/98.
(1) For simple flags no specific validity ranges may need to be provided in the first go. (2) Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC (OJ L 267, 10.10.2009, p. 7). (3) Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ L 182, 29.6.2013, p. 19).

PART 4

Data Transmission

NCBs can provide (updates of) reference data online or in batch mode via RIAD, in accordance with one of the formats presented in the document entitled ‘Exchange Specification for the RIAD Data Exchange System’. The insertion of new entities in RIAD (as well as exceptional deletion from the database) is also possible in online or in batch mode.

RIAD takes a parsimonious approach to the management of reference data, which means that any change in the reference data of an individual entity can be applied for specific (single) attributes. Except in the case of material error, no unit registered in RIAD is erased; its lifespan is determined by entering a creation or closure date. Modifications of single attributes are implemented via the change (of the validity range) of specific values.

▼B

ANNEX VI

BACK DATA REPORTING REQUIREMENTS

1. ESA 2010 requirements — quarterly back data or estimates for MFS building blocks (stocks and flows ( 62 )data)

Table 1: Requirements from Regulation (EU) No 1071/2013 (ECB/2013/33)		Data needed
1	Loans granted to: (a) the MFI sub-sectors (b) general government and FVCs with maturity breakdown	Back data or estimates for stocks and flows data (high priority)
2	Breakdown of shares and other equity: (a) for total MFI, total non-MFI and total rest of the world issuers, split of ‘shares and other equity’ into: ‘listed shares’, ‘unlisted shares’ and ‘other equity’ (b) for non-MFI sub-sectors other financial intermediaries (OFIs), insurance corporations (ICs), pension funds (PFs) and non-financial corporations (NFCs): split of ‘shares and other equity’ into: ‘listed shares’, ‘unlisted shares’ and ‘other equity’	Back data or estimates for stocks and flows data (high priority)
3	Breakdowns of deposits received from the MFIs sub-sectors: total figures of deposits per (new) non-MFIs counterparty (sub-) sectors and overnight deposits for central government, to obtain a better overview across non-MFIs sub-sectors	Back data or estimates for stocks and flows data (very high priority)
4	Breakdown of financial derivatives: by sector (MFIs/non-MFIs) and geographical area (domestic/other euro area Member States/rest of the world)	Back data or estimates for stocks and flows data (low priority)
5	OFIs sector — separate identification of IFs	Back data or estimates for stocks and flows data (high priority)
6	New OFIs sector — merged sub-sectors S.125-S.127 and holding companies of NFCs	Back data or estimates for stocks and flows data (very high priority)
7	Split of the current ICPFs sector to ICs sector and PFs sector	Back data or estimates for stocks and flows data (high priority)

Table 2: Requirements from Regulation (EU) No 1073/2013 (ECB/2013/38)

Data needed

ESA 2010 sectors: separate identification of investment fund sector

Back data or estimates for stocks and flows data

(high priority)

ESA 2010 sectors: merging new OFI sector

Back data or estimates for stocks and flows data

(very high priority)

Table 3: Requirements from Regulation (EU) No 1075/2013 (ECB/2013/40)

Data needed

Securitised loans — sector breakdowns

Back data or estimates for stocks and flows data

(low priority)

2. Back data or estimates for all the new high priority features adopted in the Regulation (EU) No 1071/2013 (ECB/2013/33) from June 2014

Table 4: Requirements from Regulation (ECB/2013/33)		Data needed
1	Monthly loans granted to: (a) the MFI sub-sectors (b) general government and FVCs with maturity breakdown	Back data or estimates for stocks and flows data
2	Monthly data on loan sales and securitisation	Back data or estimates for stocks and flows data
3	Monthly data on breakdowns of deposits: (a) received from the MFI sub-sectors (b) total figures of deposits per (new) non-MFI counterparty (sub-) sectors and overnight deposits for central government	Back data or estimates for stocks and flows data
4	Total accrued interest per balance sheet instrument, loans, debt securities held, deposits and debt securities issued, on a quarterly basis	Back data or estimates for stocks and flows data
5	Monthly data on the OFI sector — separate identification of Ifs	Back data or estimates for stocks and flows data
6	Monthly data on the new OFI sector — merged sub-sectors S.125-S.127 incl. holding companies of NFCs	Back data or estimates for stocks and flows data
7	Monthly data on split of the current ICPF sector into IC and PF sectors	Back data or estimates for stocks and flows data
8	Monthly data on credit lines broken down by counterparty sector	Back data or estimates for stocks and flows data
9	Monthly data on intra-group positions	Back data or estimates for stocks and flows data

3. Back data or estimates for the following new features adopted in the Regulation (EU) No 1072/2013 (ECB/2013/34) and this Guideline from June 2014

Table 5: Requirements from Regulation (ECB/2013/34) and this Guideline		Data needed
1	Monthly data on new breakdowns by remaining maturity and interest rate reset for MIR on outstanding amounts	Back data or estimates for interest rates
2	Monthly data on new breakdowns by renegotiated loans for MIR	Back data or estimates for interest rates and volumes

GLOSSARY

Attributes are statistical concepts that provide users with additional coded (e.g. the unit) and uncoded (e.g. the compilation method) information about exchanged data. ‘Mandatory’ applies to attributes that must take a value, otherwise the observations they refer to are considered meaningless. ‘Conditional’ applies to attributes that are only defined if they are available in the reporting institution (e.g. domestic series ids) or whenever they are relevant (e.g. compilation, breaks, etc.), and they can take empty values.

Bond funds are investment funds (IFs) primarily investing in debt securities. The criteria for classifying investment funds into bond funds are derived from the public prospectus, fund rules, instruments of incorporation, established statutes or by-laws, subscription documents or investment contracts, marketing documents, or any other statement with similar effect.

Branches are unincorporated entities, without independent legal status, wholly owned by their parent.

Branch of activity is an economic activity included in the statistical classification of economic activities in the Union - NACE Rev. 2. ( 63 )

Branch of a credit institution means the place of business, other than the head office, which is located in the reporting country and has been established by a credit institution legally incorporated in another country. All places of business set up in the reporting country by the same institution legally incorporated in another country, constitute a single branch. Each of these places of business is counted as an individual office (see Office).

Capital shares issued by limited liability companies are securities that give their holders the status of joint owners and entitle them to a share in the total distributed profits and in the net assets in the event of liquidation.

Captive financial institutions and money lenders are financial corporations and quasi-corporations that are neither engaged in financial intermediation nor in providing financial auxiliary services, and where most of either their assets or their liabilities are not transacted on open markets. This subsector includes holding companies that hold controlling-levels of equity of a group of subsidiary corporations and whose principal activity is owning the group without providing any other service to the businesses in which the equity is held; that is, they do not administer or manage other units (ESA 2010, paragraphs 2.98 to 2.99)

Cards offer the cardholder, in accordance with the agreement with the card issuer, one or more of the following functions: cash, debit, delayed debit, credit and e-money.

Central bank is a financial corporation and quasi-corporation whose principal function is to issue currency, to maintain the internal and external value of the currency and to hold all or part of the international reserves of the country.

Central government consists of administrative departments of the state and other central agencies whose competence extends over the whole economic territory, except for the administration of social security funds (ESA 2010, paragraph 2.114).

Cheque is a written order from one party (the drawer) to another (the drawee; normally a credit institution) requiring the drawee to pay a specified sum on demand to the drawer or to a third party specified by the drawer.

Closed-end investment funds are IFs with a fixed number of issued shares whose shareholders have to buy or sell existing shares to enter or leave the fund.

▼M2

Composite insurance corporations are insurance corporations providing both life and non-life insurance policies, with no prevailing policy in favour of one or the other.

▼B

Credit institution has the same meaning as defined in Article 4(1) of Regulation (EU) No 575/2013.

Currency in circulation is banknotes and coins in circulation that are issued or authorised by monetary authorities.

Currency of issue is defined as the currency denomination of the security.

Debt securities are negotiable financial instruments serving as evidence of debt that are usually traded on secondary markets, or can be offset on the market, and do not grant the holder any ownership rights over the issuing institution.

Deposits redeemable at notice are non-transferable deposits, without any agreed maturity, that cannot be converted into currency without a period of prior notice before the term of which conversion into cash is not possible or only possible subject to a penalty. This includes deposits that, although perhaps legally withdrawable on demand, would be subject to penalties and restrictions in accordance with national practices (classified in the maturity band ‘up to and including three months’) and investment accounts without a period of notice or agreed maturity, but which contain restrictive drawing provisions (classified in the maturity band ‘over three months’).

Deposits with agreed maturity are non-transferable deposits that cannot be converted into currency before an agreed fixed term or can be converted into currency before an agreed term, but the holder is then charged a penalty. Financial products with roll-over provisions must be classified according to their earliest maturity. Although deposits with an agreed maturity may allow for earlier redemption after prior notification or may be redeemable on demand subject to penalties, these features are not considered relevant for classification purposes.

Domestic payment transaction has the same meaning as ‘national payment transaction’ as defined in Article 2 of Regulation (EU) No 260/2012.

Dividend shares issued by limited liability companies are securities, which according to the country and the circumstances in which they are created, have a variety of names such as founders’ shares, profits shares, dividends shares, etc. These securities: (a) do not form part of the registered capital; (b) do not give the holders the status of joint owners in the strict sense; and (c) do not entitle the holders to a proportion of any profits remaining after dividends are paid on the registered capital and to a fraction of any surplus remaining on liquidation.

Electronic money means electronically, including magnetically, stored monetary value as represented by a claim on the issuer issued on receipt of funds for the purpose of making payment transactions as defined in Article 4(5) of Directive 2007/64/EC, and accepted by a natural or legal person other than the electronic money issuer.

Electronic money institution is a legal person that has been granted authorisation to issue electronic money as defined in Article 2 of Directive 2009/110/EC.

Equity funds are investment funds primarily investing in equity. The criteria for classifying investment funds into equity funds are derived from the public prospectus, fund rules, instruments of incorporation, established statutes or by-laws, subscription documents or investment contracts, marketing documents, or any other statement with similar effect.

Euro banknotes and coins held by the central government are banknotes and coins issued by the European Central Bank, euro area national central banks and central governments, and are held by the central government.

Eurobonds are bonds, placed simultaneously on the market of at least two countries and denominated in a currency which need not be that of either, usually through an international syndicate of financial corporations from several countries.

Exceptional revision is a revision to data referring to periods prior to the previous reference period.

Exchange traded funds (ETFs) are defined in line with the European Securities and Markets Authority (ESMA) Guidelines on ETFs (ESMA/2012/832). ESMA defines a UCITS ETF as a UCITS at least one unit or share class of which is traded throughout the day on at least one regulated market or Multilateral Trading Facility with at least one market maker that takes action to ensure that the stock exchange value of its units or shares does not significantly vary from its net asset value and where applicable its Indicative Net Asset Value. For the purposes of this Guideline, non-UCITs that comply with the ESMA ETF definition should be included here.

Financial auxiliaries consist of all financial corporations and quasi-corporations that are principally engaged in activities closely related to financial intermediation but which are not financial intermediaries themselves. Head offices whose subsidiaries are all or mostly financial corporations are also financial auxiliaries (ESA 2010, paragraphs 2.95-2.97).

Financial corporations engaged in lending (FCLs), classified as OFIs, are financial corporations principally specialised in asset financing for households and non-financial corporations. Corporations specialising in financial leasing, factoring, mortgage lending and consumer lending are included in this category. These financial corporations may operate under the legal form of a building society, municipal credit institution, etc.

Financial derivatives are financial instruments linked to a specified financial instrument, indicator, or commodity, through which specific financial risks can be traded in financial markets on their own right.

Financial leases are contracts whereby the legal owner of a durable good (hereinafter the ‘lessor’) lends it to a third party (hereinafter the ‘lessee’) for most if not all of the economic lifetime of the good, in exchange for instalments covering the cost of the good plus an imputed interest charge. The lessee is in fact assumed to receive all of the benefits derivable from the use of the good and to incur the costs and risks associated with ownership.

Financial vehicle corporations engaged in securitisation transactions (FVCs) are defined in Article 1(1) of Regulation (EU) No 1075/2013 (ECB/2013/40).

Fixed rate issues include all issues where the coupon payment, based on the security principal coupon rate, does not change during the life of the issue. Securities that are not issued at straight fixed or straight variable rates, i.e. mixed rate issues, are also included (e.g. fixed then variable rate issues, variable then fixed rate issues, issues that do not have the same coupon payment over the lifetime of the securities, step-up securities and step-down securities).

Flows, also referred to as (financial) transactions, are calculated by taking the difference between end-month stocks and then removing those effects that do not arise from transactions. Non-transaction developments are removed by means of flow adjustments.

Funds mean banknotes and coins, scriptural money and electronic money.

Funds of funds are investment funds primarily investing in investment funds’ shares or units. The criteria for classifying investment funds into funds of funds are derived from the public prospectus, fund rules, instruments of incorporation, established statutes or by-laws, subscription documents or investment contracts, marketing documents, or any other statement with similar effect. They are to be classified in the category of funds in which they primarily invest.

General government comprises institutional units that are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth (ESA 2010, paragraphs 2.111 to 2.113). General government includes the central government, state government, local government and social security funds (ESA 2010, paragraphs 2.114 to 2.117). For further guidance on the sectoral classification of units, please refer to the Monetary financial institutions and markets statistics sector manual: Guidance for the statistical classification of customers, European Central Bank, third edition March 2007.

Global bonds are bonds that are issued simultaneously on the domestic and euro market.

Hardware-based e-money includes e-money products that provide customers with a portable electronic device, typically an integrated circuit card containing a microprocessor chip (e.g. prepaid cards).

Hedge funds, for the purpose of this Guideline, mean any collective investment undertakings regardless of its legal structure under national laws, which apply relatively unconstrained investment strategies to achieve positive absolute returns, and whose managers, in addition to management fees, are remunerated in relation to the fund’s performance. For that purpose, hedge funds have few restrictions on the type of financial instruments in which they may invest and may therefore flexibly employ a wide variety of financial techniques, involving leverage, short-selling or any other techniques. This definition also covers funds that invest, in full or in part, in other hedge funds provided that they otherwise meet the definition. These criteria to identify hedge funds must be assessed against the public prospectus as well as fund rules, statutes or by-laws, subscription documents or investment contracts, marketing documents or any other statement with similar effect in respect of the fund.

Households comprise individuals or groups of individuals as consumers and as entrepreneurs producing market goods and non-financial and financial services (market producers) provided that the production of goods and services is not by separate entities treated as quasi-corporations. It also includes individuals or groups of individuals as producers of goods and non-financial services for exclusively own final use (ESA 2010, paragraphs 2.118 to 2.128).

Insurance corporations are financial corporations and quasi-corporations that are principally engaged in financial intermediation as a consequence of the pooling of risks mainly in the form of direct insurance or reinsurance (ESA 2010, paragraphs 2.100 to 2.104)

Insurance-linked securitisations are securitisations where there is a transfer of insurance policies achieved either by the transfer of legal title or beneficial interest to an FVC, or there is a transfer of insurance risks from an insurance or reinsurance undertaking to an FVC which fully funds its exposure to such risks through the issuance of financing instruments, and the repayment rights of the investors in those financing instruments are subordinated to the reinsurance obligations of the FVC.

International institutions comprise supranational and international organisations, such as the European Investment Bank, the IMF and the World Bank.

Investment funds are defined in the first indent of Article 1 of Regulation (EU) No 1073/2013 (ECB/2013/38).

Issuers of securities are those corporations and quasi-corporations engaged in issuing securities and incurring a legal obligation to the bearers of these instruments in accordance with the terms of issue.

Issue of bonus shares is the remittance of new shares to shareholders in proportion to their existing holdings.

▼M2

Life insurance corporations are insurance corporations primarily providing life insurance policies.

Life insurance technical reserves of which accepted reinsurance represent the amount of capital that the IC holds in order to meet future claims stemming from its life reinsurance obligations as defined in Commission Delegated Regulation (EU) 2015/35 ( 64 ).

▼B

Listed shares, also referred to as quoted shares, excluding investment fund’s shares/units are equity securities listed on an exchange. Such an exchange may be a recognised stock exchange or any other form of secondary market. Listed shares are also referred to as quoted shares. The existence of quoted prices of shares listed on an exchange means that current market prices are usually readily available.

Loans are funds lent by reporting agents to borrowers that are not evidenced by documents or are represented by a single document (even if it has become negotiable).

Long-term debt securities comprise all issues of debt securities with a long-term original maturity of more than one year; long-term securities are generally issued with coupons.

Means of payments, also referred to as settlement media, are assets or claims on assets that are accepted by the payee as discharging a payment obligation of the payer vis-à-vis the payee.

Mixed funds are investment funds investing in both equity and bonds with no prevailing policy in favour of one or the other instrument. The criteria for classifying investment funds into mixed funds are derived from the public prospectus, fund rules, instruments of incorporation, established statutes or by-laws, subscription documents or investment contracts, marketing documents, or any other statement with similar effect.

Monetary financial institutions (MFIs) other than central banks are defined in Article 1 of Regulation (EU) No 1071/2013 (ECB/2013/33).

Money Market Funds (MMFs) are defined in Article 2 of Regulation (EU) No 1071/2013 (ECB/2013/33).

Money-holding sector includes all non-MFI residents in the euro area, excluding the central government sector.

Net asset value (NAV) of an investment fund is the value of its assets minus its liabilities, excluding investment fund shares.

Non-financial corporations are institutional units that are independent legal entities and market producers, and whose principal activity is production of goods and non-financial services. This sector also includes non-financial quasi-corporations (ESA 2010, paragraphs 2.45 to 2.54)

▼M2

Non-life insurance corporations are insurance corporations primarily providing non-life insurance policies.

▼B

Non-monetary financial institutions (non-MFIs) are defined in Annex I, Part 2, of Regulation (EU) No 1071/2013 (ECB/2013/33).

Non-profit institutions serving households (NPISHs) consist of non-profit institutions that are separate legal entities, serve households, and are private non-market producers. Their principal resources are voluntary contributions in cash or in kind from households in their capacity as consumers, from payments made by general governments and from property income (ESA 2010, paragraphs 2.129 to 2.130).

Non-resident issuers comprise units that are: (a) located in the economic territory of the reporting country, but which do not and do not intend to engage in economic activities or transactions for a period of one year or more in the territory of the reporting country; or (b) located outside the economic territory of the reporting country.

Notional resident units are defined as: (a) those parts of non-resident units that have a centre of predominant economic interest (which usually means they engage in economic transactions for a year or more) in the economic territory of the country; (b) non-resident units in their capacity as owners of land or buildings in the economic territory of the country, but only in respect of transactions affecting such land or buildings.

Office is a place of business that forms a legally dependent part of: (a) a credit institution or a non-EEA-based bank; (b) a central bank; or (c) another institution offering payment services to non-MFIs, and directly carries out some or all of the transactions inherent to the credit institutions business.

Open-end investment funds are investment funds whose units or shares are, at the request of the holders, repurchased or redeemed directly or indirectly out of the undertaking’s assets.

Ordinary revision is the revision of data referring to the period preceding the current one.

Other categories of OFIs is a residual category composed of financial corporations that do not specialise in any of the areas of activity that apply to the other two OFI categories (security and derivative dealers and financial corporations engaged in lending). For example, specialised financial corporations such as venture and development capital companies or export/import financing companies are included in this category.

Other deposits are all holdings in deposits other than transferable deposits. Other deposits cannot be used to make payments at any time and are only convertible into currency or transferable deposits subject to a significant restriction or penalty. This subcategory includes time deposits, savings deposits, etc.

Other equity comprises all transactions in other equity that are not covered by listed and unlisted shares.

Other financial institutions are all financial institutions participating in a payment system that are under the supervision of the relevant authorities, i.e. either the central bank or the prudential supervisor, but which do not fall within the definition of credit institutions.

Other financial intermediaries, except insurance corporations and pension funds (OFIs) are financial corporations and quasi-corporations principally engaged in financial intermediation by incurring liabilities in forms other than currency, deposits (or close substitutes to deposits), investment fund shares/units, or in relation to insurance, pension and standardised guarantee schemes from institutional units (ESA 2010, paragraphs 2.86 to 2.94).

Other funds are investment funds other than bond funds, equity funds, mixed funds, real estate funds or hedge funds.

Overnight deposits are deposits that are convertible into currency and/or are transferable on demand by cheque, banker’s order, debit entry or similar means, without significant delay, restriction or penalty. Balances representing prepaid amounts in the context of e-money, either in the form of hardware-based e-money (e.g. prepaid cards) or software-based e-money issued by MFIs, are included. Non-transferable deposits, which are technically withdrawable on demand but which are subject to significant penalties, are excluded.

Over-the-counter (OTC) cash transaction is a cash deposit to or cash withdrawal from an account at a bank using a bank form. These transactions do not represent payments in the strict sense since they comprise only a change from the central bank money to the bank account money or vice versa.

Participant is an entity identified/recognised by the transfer system and which is allowed to send and capable of receiving transfer orders to/from the system, either directly or indirectly.

Payment institution has the same meaning as defined in Article 4 of Directive 2007/64/EC.

Payment instrument is a tool or a set of procedures enabling the transfer of funds from the payer to the payee as defined in Article 4 of Directive 2007/64/EC.

Payment order is any instruction by a payer or payee to his payment service provider requesting the execution of a payment transaction.

Payment service as defined in Article 4 of Directive 2007/64/EC is a business activity consisting in the execution of payment transactions on behalf of a natural or legal person, where at least one of the payment service providers is located in the Union. For the purposes of payments statistics, a payment service is understood as the acceptance by an entity (e.g. a credit institution) of a payment transaction for further execution (which may be the task of another entity) by way of cashless clearing and/or settlement.

Payment service provider (PSP) as defined in Article 1 of Directive 2007/64/EC is a natural or legal person whose regular occupation or business activity includes the provision of payment services to payment service users.

Payment service operator (PSO) is a natural or legal person whose regular occupation or business activity includes the provision of technical infrastructure (e.g. telecommunication or payment terminals installed at retailers).

Payment service user is a natural or legal person that makes use of a payment service as payer and/or payee. The payer is the party in a payment transaction issuing the payment order or agreeing to the transfer of funds to a payee. The payee or beneficiary is a natural or legal person that is the intended final recipient of funds which are the subject of a payment transaction.

Payment Statistics Relevant Institutions (PSRI) encompass all entities defined in Article 2.1 of Regulation (EU) No 1409/2013 (ECB/2013/43). PSRIs are identified by offering payment services and/or being entitled to do so. They can be classified in different institutional sectors.

Payment transaction is an act, initiated by the payer or payee, of depositing, withdrawing or transferring funds from a payer to a payee, irrespective of any underlying obligations between payment service users. See also funds and means of payment. ‘Payment transaction’ has the same meaning as defined in Article 4 of Directive 2007/64/EC.

Pension funds are financial corporations and quasi-corporations that are principally engaged in financial intermediation as the consequence of the pooling of social risks and needs of the insured persons (social insurance). Pension funds as social insurance schemes provide income in retirement, and often benefits for death and disability (ESA 2010, paragraphs 2.105 to 2.110).

Point of sale (POS) terminals are devices allowing the use of payment cards at a physical (not virtual) point of sale. The payment information is captured either manually on paper vouchers or by electronic means, i.e. EFTPOS.

The POS terminal is designed to enable transmission of information online, with a real-time request for authorisation, and/or offline.

POS transaction is a transaction performed through a POS terminal using a card with a debit, credit or delayed debit function. Transactions using a card with an e-money function are not included.

Post office giro institutions (POGI) are defined in Article 1 of Regulation (EU) No 1074/2013 (ECB/2013/39).

Private equity funds (PEFs) are unleveraged investment funds that predominantly invest in equity instruments and instruments that are economically similar to equity instruments issued by unlisted companies. A sub-category of PEFs are venture capital funds (VCFs), which invest in start-up companies. PEFs (including VCFs) are normally constituted as closed-end funds or as limited partnerships managed by a private equity company (PEC) or venture capital company (VCC) in the case of VCFs. While PEFs (including VCFs) are classified as investment funds in line with Article 1 of Regulation (EU) No 1073/2013 (ECB/2013/38), PECs and VCCs are classified as financial auxiliaries (ESA 2010 category S.126) if they solely manage the assets of PEFs and VCFs; and as other financial intermediaries (ESA 2010 category S.125) if they invest on their own account in private equity.

Private placements refer to the sale of an issue of equity securities to a single buyer or to a limited number of buyers without a public offering.

Privately issued bonds are bonds restricted by bilateral agreement to certain investors, if the bonds are at least potentially transferable.

Real estate funds are investment funds primarily investing in real estate. The criteria for classifying investment funds into real estate funds are derived from the public prospectus, fund rules, instruments of incorporation, established statutes or by-laws, subscription documents or investment contracts, marketing documents, or any other statement with similar effect.

Redeemed shares in limited liability companies are shares whose capital has been repaid but which are retained by the holders who continue to be joint owners and to be entitled to a share in the profits left after dividends have been paid on the remaining registered capital and also to a share in any surplus that may be left on liquidation.

▼M2

Reinsurance corporations are insurance corporations primarily providing reinsurance policies.

▼B

Residency of issuer: the issuing unit is defined as a resident of the reporting country when it has a centre of economic interest in the economic territory of the reporting country; that is, when it engages for an extended period (one year or more) in economic activities in this territory.

Securitisation is defined in Article 1(2) of Regulation (EU) No 1075/2013 (ECB/2013/40).

Security and derivative dealers (SDDs) classified as OFIs are financial corporations authorised to provide investment services to third parties by investing in financial instruments on their own account as their business and principally engaged in the following financial intermediation activities.

a) Trading on their own account and/or risk, as ‘securities and derivatives dealers’, in new or outstanding financial instruments through the acquisition and sale of those financial instruments for the exclusive purpose of benefiting from the margin between the acquisition and sale price. This also includes market-making activities.

b) Underwriting financial instruments and/or placing financial instruments on a firm commitment basis.

c) Assisting firms in issuing new financial instruments through the placement of new financial instruments involving either a firm underwriting commitment or standby commitment to issuers of new issues.

Settlement media, also referred to as means of payment, means assets, or claims on assets, which are used for payments.

Shares (quoted and unquoted) comprise all financial assets that represent property rights on corporations or quasi-corporations. These financial assets generally entitle the holders to a share in the profits of the corporations or quasi-corporations and to a share in their net assets in the event of liquidation.

Shares and other equity, excluding investment fund shares refer to securities holdings, which represent property rights in corporations or quasi-corporations. These securities generally entitle the holders to a share in the profits of corporations or quasi-corporations and to a share in their own funds in the event of liquidation.

Short-term debt securities consist of all issues of debt securities with a short-term original maturity of one year or less; short-term securities are generally issued at a discount. This sub-position does not include securities whose negotiability, while theoretically possible, is very restricted in practice.

Social security funds are central, state and local institutional units whose principal activity is to provide social benefits and which fulfil both of the following two criteria: (a) by law or by regulation certain groups of the population are obliged to participate in the scheme or to pay contributions; and (b) general government is responsible for the management of the institution in respect of the settlement or approval of the contributions and benefits independently from its role as supervisory body or employer (ESA 2010, paragraph 2.117).

Software-based e-money refers to e-money products that use specialised software on a personal computer and can typically be used to transfer the electronic value via telecommunication networks such as the Internet.

Split share issues are issues of shares where the corporation or quasi-corporation increases the number of shares by a ratio or multiple.

State and local government: state government means those types of public administration that are separate institutional units exercising some of the functions of government, except for the administration of social security funds, at a level below that of the central government and above that of the governmental institutional units existing at local level. Local government means those types of public administration whose competence extends only to a local part of the economy, apart from local agencies of social security funds (ESA 2010, paragraphs 2.115 to 2.116).

Sub-funds specify a separate class or designation of unit within a fund which invests in a separate pool or portfolio of investments. A ‘sub-fund’ is also known as a ‘compartment’. Each sub-fund constitutes an autonomous and specialised establishment. Specialisation may relate to a particular financial instrument or a given market.

Subordinated bonds, often referred to as subordinated debt, provide a subsidiary claim on the issuing institution that can only be exercised after all claims with a higher status (e.g. deposits/loans or senior debt securities) have been satisfied, which in some instances may give them some of the characteristics of ‘shares and other equity’.

Synthetic securitisations are securitisations where there is a transfer of credit risk of an asset or pool of assets achieved by the use of credit derivatives, guarantees or any similar mechanism.

Subsidiaries are separate incorporated entities in which another entity has a majority or full participation.

Terminals are electromechanical devices allowing authorised users to access a range of services. Users access the services at the terminal with a card that has one or more of the following functions: cash, debit, delayed debit, credit and e-money. Terminals are physical access points and can be attended terminals (requiring the involvement of a terminal operator or cashier) or unattended terminals (designed to be used by the cardholder in self-service mode).

Traditional securitisations are securitisations where there is a transfer of credit risk of an asset or pool of assets achieved either by the transfer of legal title or beneficial interest of the assets being securitised or through sub-participation.

Transferable deposits are overnight deposits that are directly transferable on demand to make payments to other economic agents by commonly used means of payment, such as credit transfer and direct debit, possibly also by credit or debit card, e-money transactions, cheques, or similar means, without significant delay, restriction or penalty.

Undertakings for Collective Investments in Transferable Securities (UCITS) are investment funds that have been established in accordance with the UCITS Directive 2009/65/EC of the European Parliament and of the Council ( 65 )

Unlisted shares, excluding investment fund shares, are equity securities not listed on an exchange.

Variable rate issues include all coupon paying issues where the coupon or principal is periodically re-fixed by reference to an independent interest rate or index.

Venture capital funds (VCFs) constitute a sub-category of private equity funds.

Zero coupon bonds include all issues without coupon payment. Usually such bonds are issued at a discount and redeemed at par. They also include bonds issued at par and redeemed at a premium, e.g. bonds whose redemption value is linked to an exchange rate or an index. Most of the discount or premium represents the equivalent of the interest accrued during the life of the bond.

( 1 ) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).

( 2 ) See ‘Bridging tables between the accounting balance sheet items of the NCBs and the ECB and the items to be reported for statistical purposes’, to be published on the ECB’s website at www.ecb.europa.eu

( 3 ) Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 191, 28.6.2014, p. 1).

( 4 ) Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (OJ L 287, 29.10.2013, p. 63).

( 5 ) Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17) (OJ L 141, 14.5.2014, p. 1).

( 6 ) Regulation (EU) No 1374/2014 of the European Central Bank of 28 November 2014 on statistical reporting requirements for insurance corporations (ECB/2014/50) (OJ L 366, 20.12.2014, p. 36)

( 7 ) Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (OJ L 335, 17.12.2009, p. 1).

( 8 ) Regulation (EC) No 2819/98 of the European Central Bank of 1 December 1998 concerning the consolidated balance sheet of the monetary financial institutions sector (ECB/1998/16) (OJ L 356, 30.12.1998, p. 7).

( *1 ) Reclassification adjustments are to be transmitted to the ECB for all cells; revaluation adjustments only for cells marked with a #.

( 9 ) Central counterparties.

( 10 ) Sole proprietorships/partnerships without legal status.

( 11 ) Item does not apply to the NCB balance sheet.

( 12 ) Item only relevant for the NCB balance sheet.

( 13 ) For this indicator, the corresponding ESA 2010 sector is S.128.

( 14 ) For this indicator, the corresponding European system of accounts (hereinafter the ‘ESA 2010’) sector is S.129.

( 15 ) In the MFI balance sheet no distinction is made between deposits and loans on the asset and on the liability side. Instead, all non-negotiable funds placed with/lent to MFIs (=liabilities) are deemed to be in ‘deposits’ and all funds placed by/lent by the MFIs (=assets) are deemed to be ‘loans’. However, the ESA 2010 outlines a difference based on the criterion of who initiates the transaction. Where the borrower takes the initiative, the financial transaction must be classified as a loan. Where the lender takes the initiative, the transaction must be classified as a deposit.

( 16 ) If reporters encounter a methodological issue not expressly covered in this Guideline, they should apply the revised European system of national and regional accounts (‘ESA 2010’) laid down in Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (OJ L 174, 26.6.2013, p. 1).

( 17 ) See paragraph 2.07 of the ESA 2010.

( 18 ) In practice debt securities are not issued by pension funds.

( 19 ) See paragraphs 2.17 to 2.20 of the ESA 2010.

( 20 ) See paragraph 5.102 of the ESA 2010.

( 21 ) Category F.3 of the ESA 2010.

( 22 ) Category F.511 of the ESA 2010.

( 23 ) Category F.512 of the ESA 2010.

( 24 ) Category F.519 of the ESA 2010.

( 25 ) Block A for NCBs and Block B for the BIS.

( 26 ) Not defined as a financial transaction; see paragraphs 5.158 and 6.59 of the ESA 2010, and Section 5(b) of this Part.

( 27 ) Transaction on a secondary market involving a change of the holder not covered by these statistics.

( 28 ) Considered as two financial transactions; see paragraphs 5.96 and 6.25 of the ESA 2010, and Section 5(a)(ii) of this Part.

( 29 ) Transaction on a secondary market involving a change of the holder is not covered by these statistics.

( 30 ) For more detail on the definition of ‘face value’, ‘market value’ and ‘nominal value’ see paragraphs 5.90, 7.38 and 7.39 of the ESA 2010.

( 31 ) Since 1 January 1999, for securities issued by domestic residents in euro (part of Block A) no exchange rate valuation is required, and securities issued by domestic residents in euro/national denominations (remaining part of Block A) are converted into euro applying the irrevocable conversion rates of 31 December 1998.

( 32 ) See paragraph 6.64 of the ESA 2010.

( 33 ) Regulation (EC) No 63/2002 of the European Central Bank of 20 December 2001 concerning statistics on interest rates applied by monetary financial institutions to deposits and loans vis-à-vis households and non-financial corporations (ECB/2001/18) (OJ L 10, 12.1.2002, p. 24).

( 34 ) Regulation (EC) No 290/2009 of the European Central Bank of 31 March 2009 amending Regulation (EC) No 63/2002 (ECB/2001/18) concerning statistics on interest rates applied by monetary financial institutions to deposits and loans vis-à-vis households and non-financial corporations (ECB/2009/7) (OJ L 94, 8.4.2009, p. 75).

( 35 ) i.e. the sum of the intra-stratum variances defined as is to be substantially lower than the total variance of the reporting population defined as
, where h indicates each stratum, xi the interest rate for institution i,
the simple average interest rate of stratum h, n the total number of institutions in the sample and
the simple average of interest rates of all institutions in the sample.

( 36 ) The NCBs may directly translate the absolute measure of 10 basis points at a confidence level of 90 % into a relative measure in terms of the acceptable maximum variation coefficient of the estimator.

( 37 ) Note that Tables 1 and 2 in the ECB’s statistics paper entitled ‘Quality measures in non- random sampling’, available on the ECB’s website at www.ecb.europa.eu, highlights the results of the synthetic MAE for the first and third quartile estimators applied in each country.

( 38 ) These series are required to supplement the transmission on individual MIR. In particular, the requirement on ‘overdrafts’ covers revolving loans and overdrafts, convenience and extended credit card credit.

		Monthly indicators on outstanding amounts.
Q		Quarterly indicators on outstanding amounts.
ߦ•		Ancillary series: all adjustments combined.
ߦߦ•		Ancillary series: all adjustments combined; NCBs may opt for reporting only effects relating to reclassifications, in case this reduces the reporting burden.
†		Loan transfers (acquisitions minus disposals).

( 39 ) Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC (OJ L 319, 5.12.2007, p. 1).

( 40 ) Guideline ECB/2012/27 of 5 December 2012 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (OJ L 30, 30.1.2013, p. 1).

( 41 ) Regulation (EU) No 260/2012 of the European Parliament and of the Council of 14 March 2012 establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009 (OJ L 94, 30.3.2012, p. 22).

( 42 ) In respect of the mandatory items in this Guideline, all requirements were already specified in Guideline ECB/2007/9, with the exception of the requirements relating to ‘intraday borrowing in euro from the central bank’ in Table 1 and ‘electronic money institutions’ in Table 2 (these were memo items in Guideline ECB/2007/9) and the mandatory requirements of Table 7.

( 43 ) This item may include non-life insurance technical reserves (ESA 2010: F.61), claims of insurance corporations on pension managers (in line with ESA 2010: F.64) and provisions for calls under standardised guarantees (ESA 2010: F.66).

( 44 ) This item, including the relevant breakdown, may include claims of managers on pension funds (in line with ESA 2010: F.64) and entitlements to non-pension benefits (ESA 2010: F.65).

( 45 ) Current data exchanges take place using the SDMX-EDI format, also known as Gesmes/TS.

( 46 ) Previously known as key families.

( 47 ) www.circabc.europa.eu

( 48 ) For NCBs, the country of residence of the issuing sector is the NCB's country of residence

( 49 ) If OBS_STATUS is reported as ‘B’ a value has to be reported under the attribute OBS_PRE_BREAK.

( 50 ) The observation status ‘E’ is to be used for all observations or periods of data that are the result of estimates and cannot be considered as normal values.

( 51 ) The four objects observation value plus OBS_STATUS, OBS_CONF and OBS_PRE_BREAK are treated as one entity. This means that NCBs are obliged to send all complementary information for an observation. (When attributes are not reported, their previous values are overwritten by default values.)

( 52 ) This is in accordance with the ESA 2010 and other international statistical standards.

( 53 ) Nevertheless, in the case of IF statistics, Regulation (EU) No 1073/2013 (ECB/2013/38) requests separate reporting of new issuance and redemptions of IF shares/units during the reporting month

( 54 ) The definition and classification of ‘other changes’ is largely consistent with the ESA 2010. ‘Reclassifications and other adjustments’ is broadly equivalent to ‘other changes in the volume of assets and liabilities’ (K.1-K.6, see paragraphs 6.03-25), whereas ‘revaluations’ may be transferred to ‘nominal holding gains and losses’ (K.7, see paragraphs 6.26-64). For BSI statistics, an important deviation concerns the inclusion of ‘loan write-offs’ within ‘revaluations’ (and specifically as revaluations due to changes in prices), whereas in the ESA 2010 they are generally regarded as ‘other changes in volume’ (paragraph 6.14) — with the exception of losses realised at the sale of loans; these losses, which equal the difference between the transaction price and the balance sheet carrying amount of the loans, should be recorded as a revaluation (paragraph 6.58). The inclusion of ‘loan write-offs’ within ‘revaluations’ also deviates from the international investment position (i.i.p.) rules. In the i.i.p. these are treated as ‘other adjustments’ and not as ‘price or exchange rate changes’. For IF statistics, loans ‘write-offs/write-downs’ are not requested.

( 55 ) The adjustments corresponding to the ECB's own balance sheet are reported by the ECB Directorate-General Administration.

( 56 ) This criterion applies in borderline cases. For example, the establishment of a new bank that takes over the operations previously carried out by a representative office on behalf of a non-resident bank gives rise to a transaction flow that is not removed from the statistical flow.

( 57 ) See the ECB’s press release of 8 July 1998‘Setting-up of common market standards’, available on the ECB’s website at www.ecb.europa.eu

( 58 ) The treatment of accrued interest in MFI balance sheet statistics departs from the ESA 2010, which provides that ‘interest is recorded as accruing continuously over time to the creditor on the amount of principal outstanding’ and, specifically, as a transaction within the financial instrument to which is relates matching the transaction under interest income in the non-financial accounts (paragraph 5.43). In the balance of payments and i.i.p., accruals are recorded in the relevant instrument category.

( 59 ) These are loans in respect of which repayment is overdue or otherwise identified as being impaired, partially or totally, in accordance with the definition of default in Article 178 of Regulation (EU) No 575/2013.

( 60 ) Write-offs/write-downs on loans for which the MFI acts as a servicer may occur because the loans are still subject to on-balance-sheet recording, either on the individual accounts of the MFI or at group level, and the servicing data reported to the NCB is sourced from these. They may also occur when the servicer must state a reduced principal loan balance for impaired loans in order to be in compliance with the investor agreements.

( 61 ) In accordance with Annex III to Regulation (EU) No 1073/2013 (ECB/2013/38), NCBs either collect the data on revaluations due to price and exchange rate changes from IFs or, alternatively, they collect only the data on revaluations due to price changes and the necessary data which cover, at a minimum, a currency breakdown into British pounds, US dollars, Japanese yen and Swiss francs, in order to derive the revaluations due to exchange rate changes.

( 62 ) Lower priority is attached to additional efforts to estimate flow adjustments for ESA 2010 back data for periods before 2014Q2, especially in cases where the Working Group on Monetary and Financial Statistics fact-finding exercise suggested that any estimate would either be of poor quality or result from a difference in stocks.

( 63 ) As set out in Annex I to Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation (EEC) No 3037/90 as well as certain EC Regulations on specific statistical domains (OJ L 393, 30.12.2006, p. 1).

( 64 ) Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (OJ L 12, 17.1.2015, p. 1).

( 65 ) Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 302, 17.11.2009, p. 32).

Top

Choose the experimental features you want to try