The Irving Fisher Committee on Central Bank Statistics (IFC) of the Bank for International Settlements (BIS), the European Committee of Central Balance Sheet Data Offices (ECCBSO) and the Banco de España  jointly organise a workshop on New insights from financial statements on 17 October 2024 in Madrid.

The event will be broadcasted online. The link will be published on 14.10.2024 here. 

Banco de España has published the Statistical Note “Business Sector Classification and Beyond Using Machine Learning”:

• Link to the document.

This publication outlines several applications of Artificial Intelligence within Banco de España's Central Balance Sheet Data Office. Specifically, machine learning models are used for the automatic classification and sectorization of entities.

ERICA WG has published its document: "European non-financial listed groups: Analysis of 2022 data"

The study presents some highlights of European non-financial listed groups, on profitability and financial structure in 2022, as well as financial debt structure and cost of debt. One of the main finding is the strong increase in retained earnings and the development of other reserves led to a steep growth in equity. The financial debt structure remained fairly stable and the cost of debt increased due to the lagged effects of interest rate hikes.