Change of financial institution identifiers
Please note that some of the national central banks (including the ECB) that contribute to the published lists of financial institutions are restructuring their local reference databases.
This may lead to changes in the identifiers of selected entities accross all types of institution listed below. In particular, the ECB and the European Investment Bank (EIB) identifiers have changed.
The majority of the changes will be implemented between Monday, 26 March 2018 and the end of April 2018.
List of financial institutions with new identifiers, last update: 27 June 2018.
In case of questions, please complete a Statistical Information Request.
The ECB maintains lists of the following five groups of
institutions, based on information provided regularly by all members of the ESCB.
"Monetary financial institutions" (MFIs) are resident credit institutions as defined in European Union (EU) law, and other resident financial institutions whose business is to receive deposits and/or close substitutes for deposits from entities other than MFIs and, for their own account (at least in economic terms), to grant credits and/or make investments in securities.
More precisely, Regulation ECB/2013/33 concerning the balance sheet of the monetary financial institutions sector (recast) defines MFIs as resident undertakings that belong to any of the following sectors:
- central banks, i.e. national central banks of the EU Member States and the European Central Bank;
- credit institutions as defined in Article
4(1)(1) of 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;
- other deposit-taking corporations which are
- principally engaged in financial intermediation and whose business is:
- to receive deposits and/or close substitutes for deposits from institutional units, not only from MFIs, and
- to grant loans and/or make investments in securities for their own account (at least in economic terms), or
- electronic money institutions, as defined in Article 2(1) and (2) of Directive 2009/110/EC, that are principally engaged in financial intermediation in the form of issuing electronic money;
- money market funds (MMFs), i.e. collective investment undertakings as defined in Article 2 of Regulation ECB/2013/33.
In accordance with Regulation ECB/2013/33, the ECB maintains and regularly updates a list of MFIs. (For the complete legal framework, see the link on the right-hand side.) The list of MFIs is drawn up and published:
- to facilitate the monitoring and production of a comprehensive and consistent balance sheet of the money-creating sector in the single currency area on the basis of an MFI population corresponding to sectors S121, S122 and S123 of the European System of Accounts 2010 (ESA 2010);
- to ensure that the statistical reporting population is complete and homogeneous;
- to provide for the production of a comprehensive and consistent list of those MFIs subject to – or exempt from – the Eurosystem‘s minimum reserve requirements;
- to ensure the production of a comprehensive and consistent list of counterparties eligible for Eurosystem operations.
The ECB releases updated information on the list of MFIs on a daily basis and updates to the list of MFIs subject to minimum reserves once a month. Downloads are available as tab-delimited CSV files. Alternatively, user-defined queries can be performed directly via MFI data access facility on the ECB's website.
The latest data are available via the Statistical Data Warehouse (SDW)
In addition the following material is refreshed on a monthly basis:
Archived MFI publications
"Investment funds" (IFs) are collective investment undertakings that: i) invest in financial and non-financial assets, within the meaning of the European system of national and regional accounts in the Community (ESA 95), to the extent that the objective is to invest capital raised from the public; and ii) are set up under Community or national law.
Included within the definition of IFs are: undertakings whose units or shares are, at the request of the holders, repurchased or redeemed directly or indirectly out of the undertaking’s assets; and undertakings which have a fixed number of issued shares and whose shareholders have to buy or sell existing shares when entering or leaving the fund.
Not included in the definition of IFs are pension funds and money market funds (which come under the MFIs).
Information on IFs is collected:
- to provide the ECB with a comprehensive statistical picture of the financial activities of the IF sub-sector; and
- to ensure that the statistical reporting population on IFs is complete and homogeneous.
The legal framework for IFs is set out in Regulation (EC) No
1073/2013 of the European Central Bank of 18 October 2013 concerning statistics on the assets and liabilities of investment funds (ECB/2013/38).
The ECB releases a quarterly update on the list of IFs (nine weeks after the end of the quarter to which the list refers) and also revised lists for three reference periods preceding the latest release.
"Financial vehicle corporations" (FVCs) are undertakings set up
under national or Community law which primarily:
- to carry out securitisation transactions and which are insulated
from the risk of bankruptcy or any other default of the originator;
- issue securities, securitisation fund units, other debt
instruments and/or financial derivatives and/or legally or
economically own assets underlying the issue of securities,
securitisation fund units, other debt instruments and/or financial
derivatives that are offered for sale to the public or sold on the
basis of private placements.
Neither MFIs (see first tab above) nor IFs (see second tab above)
are included in the definition of FVCs.
"Securitisation" means a transaction or scheme whereby: i) an asset
or pool of assets is transferred to an entity that is separate from
the originator and is created for or serves the purpose of the
securitisation; and/or ii) the credit risk of an asset or pool of
assets, or part thereof, is transferred to those who invest in the
securities, securitisation fund units, other debt instruments and/or
financial derivatives issued by an entity that is separate from the
originator and is created for or serves the purpose of the
Information on FVCs is collected:
- to provide the ECB with a comprehensive statistical picture of
the financial activities of the FVC sub-sector; and
- to ensure that the statistical reporting population on FVCs is
complete and homogeneous.
The legal framework for FVCs is set out in Regulation (EC)
No1075/2013 of the European Central Bank of 18 October 2013
concerning statistics on the assets and liabilities of financial
vehicle corporations engaged in securitisation transactions
The ECB releases a quarterly update on the list of FVCs (three weeks after the end of the quarter to which the list refers) and also revised lists for three reference periods preceding the latest release.
“Payment statistics relevant institutions” (PSRIs) are payment service providers (including electronic money issuers) and payment system operators. PSRIs offer payment services and/or are entitled to do so. They can be classified in different institutional sectors.
Payment service providers include the following entities:
- credit institutions meaning undertakings whose business is to receive deposits or other repayable funds from the public and to grant credits for their own account;
- electronic money institutions meaning legal persons authorised to issue electronic money, i.e. electronically, including magnetically, stored monetary value issued on receipt of funds and which can be used to make payments;
- post office giro institutions which are entitled under national law to provide payment services;
- the European Central Bank and national central banks (NCBs) when not acting in their capacity as monetary authority or other public authorities;
- Member States or their regional or local authorities when not acting in their capacity as public authorities;
- payment institutions meaning legal persons other than those listed above authorised to provide and execute payment services throughout the EU.
Payment system operators are entities that are legally responsible for operating a payment system.
The ECB maintains and updates the list of PSRIs every year. The list also includes information on entities that have been granted a derogation by an NCB with regard to the payments statistics reporting requirements.
In compliance with its legal obligations, the ECB publishes these
reference data on a regular basis, provided that the information is not confidential.
“Insurance corporations” (ICs) are financial corporations or 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.
Insurance corporations include financial corporations or quasi-corporations that provide:
- life insurance services, where policyholders make regular or one-off payments to the insurer in return for which the insurer guarantees to give policyholders an agreed sum, or an annuity, at a given date or earlier;
- non-life insurance services to cover, for example, risks of accidents, sickness, fire or credit default;
- reinsurance services, where insurance is bought by the insurer to protect itself against an unexpectedly high number of claims or exceptionally large claims.
Information on ICs is collected:
- to provide the ECB with a comprehensive statistical picture of the financial activities of the IC sub-sector;
- to ensure that the reporting population of IC statistics is complete and homogeneous;
- to ensure the production of a comprehensive and consistent list of counterparties eligible for Eurosystem operations.
The legal framework for ICs is set out in Regulation (EU) No 1374/2014 of the European Central Bank of 28 November 2014 on statistical reporting requirements for insurance corporations.
- 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
- Can an MFI code change?
- Although only applied in rare circumstances, the central bank
assigning the MFI code can decide to change it, i.e. due to major
internal reorganisation in national statistical reporting systems.
Recent (announced) cases:
- Belgium (applied on 3 July 2014)
- Italy (announced for 17 July 2014)
- 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
Please refer to Article 25-25 and Annex V.
- Are mergers and acquisitions figures available on the ECB's
- 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
- 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
- I cannot access 'Search the database' or the 'Download dataset'
- 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 mfi.ecb.int".
- 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".
- The ECB has no plans to introduce this at present.
- When accessing a website I receive an error message stating that
a "security violation" might take place – I cannot then gain
- 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?