aggregated MFI balance sheet

What is aggregated MFI balance sheet?

aggregated MFI balance sheet definition and meaning on Finance terms:
A balance sheet comprising the sums total of the data included in the harmonised balance sheets of all MFIs that are resident in the euro area (inter-MFI positions on a gross basis). The legal basis for the collection of harmonised balance sheet statistics is laid down in Regulation ECB/2008/32. This Regulation is complemented by Guideline ECB/2007/9, which sets out the procedures to be followed by NCBs when reporting information relating to money and banking statistics to the ECB. <