Making banks’ data reporting more efficient

We work with the national central banks (NCBs) in the EU to provide policymakers and analysts with the high-quality data they need. At the same time, we are constantly seeking to make data collection more efficient and reduce the reporting burden on banks.

We aim to harmonise, standardise and integrate the existing statistical requirements of the European System of Central Banks (ESCB) applicable to banks across statistical domains and countries. This helps automate data processing and enhances data quality.