The monetary policy turnaround shaped the Bundesbank’s balance sheet last year. The profit and loss account for 2022 reported a distributable profit of zero. This result was achieved by tapping €1 billion worth of risk provisions. As in the previous years, no profit was transferred to the Federal budget. “The Bundesbank sustained exceptional financial burdens in 2022,” Bundesbank President Joachim Nagel said at the joint press conference with Executive Board member Joachim Wuermeling.

If you have general questions with regard to payments or your account please contact your responsible customer service team (KBS).

Technology-based financial enterprises, also known as fintechs, have the potential to transform the financial system permanently. Experts from 15 countries discussed the challenges central banks and financial supervisory authorities face in their work with the advent of fintechs.

Starting in June, you will be able to participate in our new web-seminars each week. Sign up now – the number of participants is limited.

One year ago, the new Centre for International Central Bank Dialogue was established. Synergies have been harnessed in the field of central bank cooperation by working hand in hand with the Bundesbank’s representatives around the world.

The Representative Office in New York provides an informal atmosphere – Bundesbank staff present their work to American banking and financial experts. To start off: Dr Weigert with the 2018 Financial Stability Review.

A Memorandum of Understanding has been signed between the Deutsche Bundesbank and the People’s Bank of China.

Fight against euro counterfeiting in North Macedonia and strengthening overall central banking business in Belarus are at the focus of the current twinning and twinning light projects.

What are households’ expectations? Since 2019, the Deutsche Bundesbank has been investigating this question by surveying households in Germany on a regular basis (Bundesbank Online Panel Households).

German payment service providers operated around 103 million current accounts last year. The payment statistics published by the Deutsche Bundesbank also show that the number of transactions involving these accounts in 2017 increased compared with 2016.