www.bportugal.pt 3  Against this background, and following up on the work of the ESCB Task Force on Credit Registers and of the joint STC / Financial Stability Committee Task Force on Analytical Credit Datasets, the ESCB has been developing the AnaCredit project, which will establish a Eurosystem database comprising loan-by-loan data on credit granted by euro area financial institutions to legal entities.
This will create the opportunity to answer some of the data gaps identified in the wake of the financial crisis, by generating clear and detailed information that will greatly assist monetary policy decision-making and help keep the financial system sound and transparent.