The first stage of AnaCredit will be dedicated to granular information on loans granted by credit institutions to non-financial corporations and other legal entities, only. Loans to natural persons (housing loans to households and loans to “sole proprietors”, e.g.
doctors or lawyers) are to be included at a later stage, which is likely to be beyond 2020, the launch of which still needs to be decided upon by the Governing Council. In any case, data confidentiality protection will be fully ensured, in accordance with applicable national and European legal frameworks.