For the first time in nearly three years, the German banks responding to the Bank Lending Survey (BLS) did not tighten their credit standards for loans to enterprises further in the third quarter of 2024, but eased them marginally instead. On the other hand, they once again tightened their credit standards for loans to households for house purchase and for consumer credit and other lending to households For the fourth quarter, banks are planning to tighten their credit standards for loans to enterprises again, partly owing to pessimistic market and economic expectations.

Questions regarding monetary policy instruments

On 16 September, the Deutsche Bundesbank and the National Bank of Kazakhstan signed a Memorandum of Understanding (MoU) which provides a formal basis for their long-standing collaboration and intensifies cooperation within the framework of the CCAMTAC. Read more below about the details and importance of this partnership.

Change of office ceremony in Johannesburg: Jens Fuhrmann takes over from Dr Eugen Cleveland as the Bundesbank’s new representative in South Africa. Read more on how close collaboration with the region’s central banks is being continued and expanded.

Registration is open for our international central banking courses in 2025. Apply now and become part of a global community of central banking experts. The first registration deadlines are in December.

NEW: Online course on LSI stress tests, 27 November 2024

In early September, a delegation from the Deutsche Bundesbank travelled to Istanbul to discuss aspects of central bank digital currencies (CBDC) with the Central Bank of the Republic of Türkiye (TCMB) and other stakeholders. Read more below about the exciting insights gained and how collaboration will be intensified.

In the summer of 2024, the Bundesbank’s Representative Office in New York underwent a staff overhaul, with three out of four positions newly filled. Meet the new team and learn more about their exciting tasks and backgrounds.