Central Banking

ECB to log bank loans to firms above €25,000 from 2018

‘AnaCredit’ likely to include housing loans after 2020, senior ECB official says

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ECB: AnaCredit would allow "a more accurate analysis of credit risks, and their potential build-up into systemic risks"

The European Central Bank (ECB) is building a large-scale database that will log "detailed information" on all loans by eurozone banks to firms above a value of €25,000.

The ECB plans to have the Analytical Credit Dataset, or AnaCredit, operational by March 2018, a spokesman told CentralBanking.com. The bank also intends to develop AnaCredit to include loans to "legal persons" later, likely after 2020, and could expand the data it collects.

Sabine Lautenschläger, an ECB executive board member

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