PRESS RELEASE

Annual publication of the List of Monetary Financial Institutions and institutions subject to minimum reserves as at end-December 2002

28 February 2003

The "List of Monetary Financial Institutions and institutions subject to minimum reserves" ("List of MFIs") is published by the European Central Bank (ECB) in accordance with Article 3.2 of the Regulation of the European Central Bank of 22 November 2001 concerning the consolidated balance sheet of the monetary financial institutions sector (ECB/2001/13), as amended, and Article 2.3 of the Regulation of the European Central Bank of 1 December 1998 on the application of minimum reserves (ECB/1998/15), as amended.

This publication relates to the Monetary Financial Institutions sector (MFI sector) as at the end of December 2002. The List of MFIs is published at the beginning of each calendar year; this is the sixth in the series.

The List of MFIs facilitates the production of a comprehensive and consistent balance sheet for the money-creating sector in the euro area and ensures that the information on the statistical reporting population is as complete, accurate and homogeneous as possible. The list of institutions subject to minimum reserves is based on Article 19.1 of the Statute of the European System of Central Banks and of the European Central Bank, which empowers the ECB to require credit institutions established in the euro area to hold minimum reserves in pursuance of monetary policy objectives.

This publication will be made available under the item "Publications", in the "Monetary Financial Institutions" part of the "MFIs and Eligible assets" section on the ECB's website (http://www.ecb.europa.eu/mfi/).

An updated version of the List of MFIs is published monthly and can be downloaded in text format from the above-mentioned section on the ECB's website. The full list and updates are made available to the public on the last business day of each calendar month.

A hard copy of the latest version of the List of MFIs can be obtained in writing from the ECB's Press and Information Division and from any of the EU national central banks.

Media contacts