Creation of money sector

In ECB statistics, all monetary financial institutions. They comprise the – central banks, – credit institutions as defined in EU Community law, and – all other resident financial institutions whose business is to – receive deposits and/or close substitutes for deposits from entities other than MFIs, – grant credits for their own account and/or – invest in securities; mainly: money market funds. – See aggregates, monetary, financial institution, monetary. – See the annex entitled “Euro area statistics” in the respective ECB Monthly Bulletin, under the heading “Monetary developments, banks and investment funds.”

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/