Introducing statistical in-house credit assessment systems (S-ICASs) as an additional source of credit assessments under the general collateral framework

Claudia Duarte, Janina Engel, Oleg Reichmann and Tomislav Džaja

Economic Bulletin Boxes, 2025, vol. 3

Abstract: The statistical in-house credit assessment systems (S-ICASs) of the national central banks of the euro area are quantitative systems which can assess the credit quality of a large number of small and medium-sized enterprises in an automated manner. These can help broaden the set of eligible credit claims accepted as collateral in monetary policy operations. The acceptance of S-ICASs in the general collateral framework as of 2026 is based on a newly developed harmonised framework, enhancing risk efficiency, addressing level-playing-field considerations and improving crisis preparedness within the Eurosystem. JEL Classification: E58, E61, G01

Keywords: collateral; credit assessment systems; credit operations; ECAF; Monetary policy implementation (search for similar items in EconPapers)
Date: 2025-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.ecb.europa.eu//press/economic-bulletin ... 7~e8ab044fe5.en.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbbox:2025:0003:7

Access Statistics for this article

More articles in Economic Bulletin Boxes from European Central Bank 60640 Frankfurt am Main, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Official Publications ().