AnaCredit is a project to set up a dataset containing detailed information on individual bank loans in the euro area, harmonised across all Member States. “AnaCredit” stands for analytical credit datasets.

The project was initiated in 2011 and data collection is scheduled to start in September 2018.

ECB Regulation on AnaCredit

The Regulation on the collection of granular credit and credit risk data sets out the reporting requirements and defines the reporting population.

On 4 December 2015 the ECB published the AnaCredit draft regulation, giving to the public the opportunity to make observations until 29 January 2016. Mainly associations and federations replied. The ECB, together with national central banks, assessed the observations received. As a result, an amended version of the draft regulation was approved by the Governing Council in May 2016.

A Feedback Statement explains how the observations received were assessed and taken into account in the Regulation.


The financial crisis showed that aggregate statistics are not sufficient for an adequate understanding of the underlying developments, given that a number of economic and financial indicators have diverged significantly across different segments of the economy, such as sectors of activity, firm size or geographical areas.

This new dataset will fill this data gap supporting the ECB in performing its central banking and banking supervision functions, such as

  • monetary policy analysis and operations
  • risk management
  • financial stability
  • economic research
  • statistics

AnaCredit makes it possible to identify, aggregate and compare credit exposures and to detect associated risks on a loan-by-loan basis.


At first, banks will only report information on loans to corporations and other legal entities, mostly on a monthly basis. Should the ECB’s Governing Council decide to extend the AnaCredit project at a later stage, e.g. including housing loans to private households, these would be reported anonymously to the ECB.


The dataset is designed for:

  • The ECB and all national central banks of the participating countries
  • National and European supervisory authorities
  • National and European resolution authorities
  • European Systemic Risk Board
  • European Commission
  • To some extent, reporting agents

Some users will only have access to part of the dataset at an aggregated level to ensure confidentiality.


Data will be treated according to strict confidentiality rules as set out under existing European law, and will only be accessible to the aforementioned users and for the foreseen uses.

AnaCredit Manual

The Manual provides detailed information and guidance on AnaCredit reporting requirements. It does not contain any additional requirements and has no binding legal status. The AnaCredit Regulation is the sole legally binding act.

The Manual is made up of three parts:

  • Part I explains the general AnaCredit methodology and provides information about the reporting population and setting up the reporting, including a general description of the underlying data model.
  • Part II describes all datasets and data attributes of AnaCredit data collection in detail and provides specific reporting instructions.
  • Part III presents selected case studies and scenarios that require more in-depth explanations.

Finally, the annexes provide additional information relevant for reporting agents, such as lists of country specific national identifiers and legal forms as well as examples of complete data reports concerning stylised instruments.