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