With the amending directive to the BRRD (Directive (EU) 2017/2399), the creditor hierarchy was harmonised by the EU legislator (the new creditor hierarchy).

TIBER-DE (Threat Intelligence-based Ethical Red Teaming) is a framework for threat-led ethical hacking exercises to strengthen the cyber resilience of the German financial sector. Banks, insurance companies, financial market infrastructures and key service providers of the aforementioned can participate in TIBER-DE tests on a voluntary basis to perform a realistic assessment of their cyber resilience. Interested companies can obtain non-binding information about the modalities of the tests (contact see right column). Providers who offer Red Teaming or Threat Intelligence services according to the TIBER-DE framework can also approach us in order to introduce themselves.

Vordrucke zur Meldung der statistischen Daten für das Banknotenrecycling.

The German government has decided to mint a €5 collectors’ coin entitled “Red mason bee”, to be issed at 7 September 2023. It is the fourth coin issued as part of the “Wonderful world of insects” series, which will see a total of nine coins with partially coloured motifs issued over the period 2022-24.

Bundesbank’s external position stood at €804 billion at the end of July 2025, with claims from the TARGET2 payment system worth €1044 billion making up around 70 % of total assets. These are followed by international reserves, comprising gold and foreign exchange reserves, including the special drawing rights allocated by the International Monetary Fund (IMF), which account for a total of 21 % of assets. At 84 %, issuance of euro cash accounted for the bulk of liabilities. Deposits of non-euro area residents amount to 8 % of foreign liabilities.

The €10 collectors’ coin “On the water” featuring a colourless polymer ring and a blue cupronickel ring was issued on 9 September 2021. This coin is the last in a three-part series, “Air Moves” (2019‑21).

Germany’s current account posted a surplus of €18.6 billion in June 2025, up €11.1 billion on the previous month’s level. This was mainly attributable to the swing to a surplus in invisible current transactions, which comprise services as well as primary and secondary income. Moreover, the surplus in the goods account increased somewhat.

Euro banknotes and coins are used for many payments every day. Private individuals and businesses usually withdraw this cash from their account at their bank. But where do the banks get this cash?