Eurofinas: Exclusive report that contributes to greater understanding of consumer credit statistics existing at the European level

21 December 2011

Eurofinas, the voice of specialised consumer credit providers at European level, has just released the report of the exclusive workshop on consumer credit statistics that it organised earlier this year in Brussels.

The workshop brought together over 30 experts from nine European countries, including representatives of the European Central Bank (ECB), national central banks and statistical institutions, EU institutions and consumer credit practitioners. It provided a platform to exchange information, share experiences and discuss the type, scope and quality of consumer credit statistics existing in Europe.

Umberto Filotto, Chair of Eurofinas’ Statistics Committee and who chaired the workshop, noted that: “there is rich data on consumer credit at the national level in many countries, which can usefully complement ECB data to give a more accurate picture of the consumer credit market in Europe. The challenge, however, becomes how to unite all of these sources of data to have the most accurate statistics at European level. Eurofinas’s report explains existing differences and is therefore particularly useful for whoever wants to compare like with like. Eurofinas looks forward to investigating this further with the various workshop participants, to whom we are grateful for their contributions to the debate”.

Press release

© Eurofinas