Definition
A company whose activity consists of receiving deposits or other repayable funds from the public and granting credits on its own account.
Further information
Credit institutions are comprised of:
- deposit-taking institutions
- the Official Credit Institute (ICO)
- systemically important investment service companies (ESIS), with the observation date starting from September 2022.
Unlike the group of credit institutions, the "credit system" grouping includes the Banco de España.
Institutional groupings used in the monetary analysis tables.
Related concepts
- Deposit institutions
- Institutional groupings
- Instituto de Crédito Oficial
- Systemically important investment firms
Update date: January 2025
