Director General Financial Supervision

Pictures and information on DEM banknotes and coins, BBK3 and previous series.

Once a year, teachers are invited to the Bundesbank to talk about current central banking issues. Lutz Lienenkämper, the Executive Board member whose responsibilities include economic education, conferred with teachers about financial literacy in schools, the current stance of monetary policy and the digital euro.

TARGET2-Securities (T2S) is the name of the Eurosystem project to offer a new, harmonised and centralised method of settling securities in central bank money.

The Governing Council today decided to keep the three key ECB interest rates unchanged. Its updated assessment reconfirms that inflation should stabilise at its 2 % target in the medium term.

The G7 is an informal club of seven of the world's most advanced industrial economies (Germany, France, Italy, Japan, Canada, the United States and the United Kingdom). The Bundesbank has a particular interest in issues concerning the policies pursued by international financial institutions and the stability and integrity of the international financial and monetary system.

The Bundesbank brings its expertise to numerous European and international bodies and organisations in which issues concerning financial stability and the financial and monetary system are analysed and policy measures are coordinated.

The G20 is currently considered the main forum for international economic cooperation and is therefore at the heart of multilateral financial diplomacy. Since its inception in 1999, the G20 has primarily focused on managing financial crises, strengthening the financial sectors of emerging market countries, enhancing the Bretton Woods institutions and developing growth strategies.

The German banking sector is currently stable overall, with sound capital and liquidity buffers – that’s good news, Bundesbank Executive Board member Michael Theurer stressed at the digital supervisory briefing, an event organised by the Bundesbank and BaFin. Together with Annika Sattler from the Bundesbank, Theurer and BaFin Chief Executive Director Nikolas Speer spoke about the risk situation, simplification and proportionality. Participants from the worlds of banking and supervision numbered more than 5,000 at times during the digital supervisory briefing, which was streamed live.