"32006l0048" - 1 õppematerjal

Basic banking

Credit institutions are defined in the directive 1 relating to the taking up and pursuit of the business of credit institutions as: a) undertakings whose business is to receive deposits or other repayable funds from the public and to grant credits for its own account; or 1 Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions, http://eur-lex.europa.eu/LexUriServ/LexUriServ.do? uri=CELEX:32006L0048:EN:NOT 1 b) electronic money institutions within the meaning of Directive 2000/46/EC. Later in this text we use data on monetary aggregates in different countries and regions. The consolidated MFI balance sheet is used to calculate some key monetary and credit variables, including monetary aggregates, which are regularly monitored by Central Banks. Table ... Consolidated MFI balance sheet.