Published: 01.01.2013

Central bank, credit institutions, credit unions, money market funds (MMFs) and other financial institutions whose business is to receive deposits or close substitutes for deposits from customers other than MFIs and, on their own account, to grant credits and invest in securities; as well as electronic money institutions, whose main business is issuing of electronic money.
The definition of the concept is consistent with the Regulation (EC) No 1071/2013 of the European Central Bank of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector (Recast) (ECB/2013/33).