The European Committee of Central Balance-Sheet Data Offices (ECCBSO) is a consultative body created in 1987 by a group of European National Central Banks (NCBs) managing Central Balance Sheet Data Offices (CBSOs).
The initial objective of the Committee was to improve the analysis of non-financial corporations’ data by exchanging information, refining the processing techniques and accomplishing tasks collectively. The objectives of the Committee have been widened to cover the use of non-financial corporations’ data to accomplish central banks’ functions in such fields as statistics, economic and financial research, financial stability, supervision and risk assessment, among others, and may contribute to achieving the national statistical institutes’ (NSIs) goals. The Committee’s objectives also include: improving the analysis of non-financial corporations, promoting the work carried out by the different national CBSOs among the members of the European System of Central Banks (ESCB), and exploiting synergies with the European Central Bank (ECB), Eurostat and the NSIs, as information on balance sheet data of non-financial corporations is relevant for the functions of the ESCB and the Eurosystem, as well as for the European Statistical System.
The Chairman is elected every three years among the members of the Institutions joining the Committee. The Secretariat is ensured by the body whose representative has been elected as Chairman and lasts during his mandate. The meetings of the ECCBSO take place at least once a year.
The Committee has developed a database named Bank for Accounts of Companies Harmonized (BACH).
The Committee has also created several Working Groups to deal with specific subjects.
IFC / ECCBSO / CBRT Conference on “Uses of Central Balance Sheet Data Offices’ information” (Ízmir, September 26th , 2016). – Programme.
The chairmanship is held by the Banca d'Italia from November 2016 until November 2019