2004年-ECB欧洲央行_Payment_and_securities_settlement_systems_in_the_European_Union_-_Addendum_incorporating_2002_figures_Blue_Book_April_2004_198页_1mb

Summary of the BLUE BOOK - April 2004

Core Content

The BLUE BOOK from April 2004 provides an overview of payment and securities settlement systems in the European Union (EU), with a special focus on the euro area. It includes statistical data and comparative tables for the period from 1998 to 2002, highlighting the integration and convergence of these systems across EU Member States. The document also introduces a new chapter on euro-area monetary aggregates and counterparts.

Main Points

• Importance of Payment and Securities Systems: These systems are crucial for the smooth functioning of a sound currency and are essential for monetary policy. They also significantly impact the stability of financial markets.
• Data Collection and Methodology: Statistical data are updated annually, while the descriptive part is updated every few years. The data are collected and calculated using a specific methodology detailed in the annex.
• Currency Conversion: For the 12 euro area Member States, data are converted into euros using fixed conversion rates. For other Member States, data are presented in their respective national currencies.
• Statistical Tables: The document includes multiple tables, focusing on:
  • Table 1: Banknotes and coins in circulation outside credit institutions.
  • Table 2: Transferable deposits held by non-banks.
  • Table 3: Settlement media used by banks, including reserves at the central bank and transferable deposits at other banks.
  • Table 4: Institutional framework, including the number of institutions and branches offering payment services.
  • Table 5: ATMs and card transactions, including the number of ATMs, transactions per inhabitant, and average transaction value.

Key Information

Table 1: Banknotes and Coins in Circulation Outside Credit Institutions

• Total (EUR millions): Figures show a decline for several countries, with some data marked as "nap" (not available).
• Value per inhabitant (EUR): Varies significantly across countries, with Germany having the highest value.
• As a percentage of GDP (%): Generally lower in the euro area compared to the EU as a whole.
• As a percentage of narrow money (%): Indicates the proportion of total money supply represented by physical currency.

Table 2: Transferable Deposits Held by Non-Banks

• Value per inhabitant (EUR): Shows an increasing trend in most countries.
• As a percentage of GDP (%): Reflects a high proportion in most countries, with the UK having the highest.
• As a percentage of narrow money (%): Indicates the share of transferable deposits in the narrow money supply.

Table 3: Settlement Media Used by Banks

• Banks' Reserves at Central Bank (EUR billions): Germany has the highest reserves.
• Banks' Reserves as a percentage of narrow money (%): Reflects the proportion of reserves in the narrow money supply.
• Transferable Deposits at Other Banks (EUR billions): Varies by country, with some data marked as "nap".
• Transferable Deposits as a percentage of narrow money (%): Indicates the proportion of transferable deposits in the narrow money supply.

Table 4: Institutional Framework

• Number of Institutions Offering Payment Services (per 1,000,000 inhabitants): Highlights the number of institutions providing payment services.
• Number of Central Bank Branches (per 1,000,000 inhabitants): Varies, with some countries having negligible numbers.
• Number of Bank Branches (per 1,000,000 inhabitants): Reflects the availability of banking services.
• Number of Post Office Branches (per 1,000,000 inhabitants): Also varies, with some countries having no data.
• Total Number of Branches Offering Payment Services (per 1,000,000 inhabitants): Indicates the overall availability of payment services.
• Number of Accounts on Which Payments Can Be Made (per inhabitant): Varies significantly, with some countries having a high number of accounts.

Table 5: Cards with a Cash Function and ATMs

• Number of ATMs per 1,000,000 inhabitants: The UK has the highest number of ATMs.
• Number of Transactions per Inhabitant: Indicates the transaction activity per person.
• Average Value per Transaction (EUR): Reflects the value of transactions, with some countries showing significant increases.

Notes on Data

• "nav" indicates data not available.
• "nap" indicates not applicable.
• "neg" indicates negligible figures.
• "0" indicates exactly zero or none.
• The euro area data includes Greece from 2001 onwards.
• The EU data excludes countries for which data are not available.

Conclusions

The BLUE BOOK illustrates the integration and convergence of payment and securities settlement systems in the EU, highlighting the differences in structure and usage across Member States. It emphasizes the importance of these systems in maintaining monetary stability and the efficiency of financial markets, while also providing detailed statistical insights into the usage of payment instruments and financial infrastructure. The document serves as a valuable resource for central banks and policymakers aiming to enhance the soundness and efficiency of these systems.