The German financial system has weathered the exceptionally strong rise in interest rates well overall and has proved stable over the past months, the Bundesbank writes in its Financial Stability Review 2024. Credit risk is now increasingly coming under the spotlight, however. The financial system is facing acute challenges due to geopolitical tensions and a weak economy. The economy is also undergoing transformation, said Bundesbank Executive Board member Michael Theurer. Our top priority must be a resilient financial system.

Kirstin Hubrich explains the basics of financial stability and of this year’s Financial Stability Review.

Various specialised procedures are made available in the Bundesbank’s ExtraNet for the electronic submission of payment and stock reports in data record formats.

Die Inflation geht weiter zurück. Es wird jedoch nach wie vor erwartet, dass sie zu lange zu hoch bleiben wird. Der EZB-Rat ist entschlossen, für eine zeitnahe Rückkehr der Inflation zum mittelfristigen Ziel von 2 % zu sorgen. Um den Fortschritt in Richtung dieses Ziels zu verstärken, hat der EZB-Rat heute beschlossen, die drei Leitzinssätze der EZB um jeweils 25 Basispunkte anzuheben.

Pictures and information on the national sides of the coins in circulation in Italy.

Macroprudential supervision lacks robust, timely and systematic data on the credit standards for mortgages granted to households. These data are vital for identifying risks to financial stability in good time. Following the entry into force of a statutory order in February 2021, the Bundesbank is now planning a data collection exercise aimed at closing these data gaps.

formation on the national sides of the coins in circulation in Cyprus.

Pictures and information on the national sides of the coins in circulation in Finland.