ECB

European Central Bank

The ECB is the central bank for the eurozone and is responsible for monetary policy in the region. It also supervises significant banks under the Single Supervisory Mechanism.

The ECB manages the euro and works with national central banks across the euro area. It plays a key role in systems like TARGET2 and TIPS. Official site: European Central Bank.

Related Terms

EUR

Euro

EUR is the official currency of the Eurozone, used by 20 of the 27 European Union member states. It'...

SEPA

Single Euro Payments Area

SEPA is a payment integration initiative of the European Union for simplification of bank transfers ...

TARGET2

TARGET2 is the Eurosystem real-time gross settlement system for euro-denominated payments. It is use...

EBA

European Banking Authority

The EBA is an EU agency that creates regulatory standards and promotes harmonized banking supervisio...

Need to convert bank statements to spreadsheet format? Try our bank pdf converter to easily export your transaction data to Excel or CSV.

Glossary home

Convert 10 pages free per week.
Try your weirdest statement.

Convert a bank statement PDF free