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FAQs on lists of financial institutions

What is the difference between the list of monetary financial institutions and the list of monetary financial institutions and institutions subject to minimum reserves?

The list of MFIs comprises the full MFI population of all the European Union Member States. Updates to the list of MFIs have been available on a daily basis on the ECB's website since 24 April 2006. The list of MFIs and institutions subject to minimum reserves lists all MFIs resident in the EU. A sub-set of this list, namely credit institutions resident in the euro area that are subject to minimum reserves, are identified through the variable "reserve", indicated by "Yes". Updates to the list of MFIs and institutions subject to minimum reserves are available on a monthly basis. Please go to Download dataset and download the data you need. As an alternative, you can subscribe to mailing lists.

Where is the MFI ID code derived from?

The MFI ID code is unique to each institution in the MFI list. Each central bank in the EU allocates a unique MFI ID code for every MFI resident in their territory they report to the ECB (in accordance to national banking supervision decisions). The agreed convention for the MFI ID code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Can financial institution identifiers change?

Although only applied in rare circumstances, national central banks (NCBs) can decide to change the identifier assigned to a financial institution resident in their jurisdiction. This can be due, e.g., to a major internal re-organisation in the national statistical reporting systems. A list of the changes which occurred in the past is available here:

Does the MFI ID code have a legal basis or is it merely some kind of internal code that is used by the ECB?

The MFI ID code convention has been set up and agreed on by the ECB and the NCBs. It is legally binding and is laid down in the Guideline of the European Central Bank of 4 April 2014 concerning certain statistical reporting requirements of the European Central Bank and the procedures for reporting by the national central banks of statistical information in the field of money and banking statistics (ECB/2014/15). Please refer to Article 25-25 and Annex V.

Are mergers and acquisitions figures available on the ECB's website?

Document on mergers and acquisitions is available on the ECB’s website: Mergers and acquisitions involving the EU banking industry - facts and implications (December 2000). However, specific information concerning such activity in the EU MFI sector is due to be published in the future. The following information will be provided on a monthly basis: registered names of involved institutions, ID codes (where applicable) and the corresponding dates of legal effect of all MFIs involved with other MFIs/non-MFIs in merger-related activity.

Is there an alternative to the annual versions if I wish to receive the list of MFIs and institutions subject to minimum reserves?

Please go to Download dataset and download the data you need.

Some of the items in the "Search the database" list boxes are selected by default. How do I deselect these options?

Hold down the Ctrl key and click on the selected item at the same time.

I cannot access 'Search the database' or the 'Download dataset' areas.

One reason for this problem could be a temporary Internet overload. If this happens, please try again later.

I cannot access the 'Download dataset' area even after trying repeatedly. I receive an error message: "Requested operation could not be performed by the proxy: unable to locate host".

This is a problem at the user’s site, as the user's proxy server cannot locate the ECB's website. This could be due to proxy misconfiguration or a problem with "https".

When accessing a website I receive an error message stating that a "security violation" might take place – I cannot then gain access.

The MFI website is a secure web server. Security is achieved by using https as a communication protocol and the problem might be related to settings at the user site which disable https communication. Please ask your local IT support about this and/or consult your company internet policy.

Could you let me have the software required to unzip compressed files and instructions?

We provide files in a compressed format (.gzip) and in an uncompressed format (.txt) for a manual download. Downloading instructions and the location of unzipping software can be found in the User guide.

Where can I find legal information about MFIs?

More legal information about MFIs are available on the Legal Framework section of the ECB website.