Nach Inkrafttreten des Finanzstabilitätsgesetzes am 1. Januar 2013 hat der Ausschuss für Finanzstabilität (AFS) als zentrales Gremium der makroprudenziellen Überwachung in Deutschland seine Arbeit aufgenommen. Mit diesem Bericht legt er dem Deutschen Bundestag nun seinen ersten Bericht über die Lage und die Entwicklung der Finanzstabilität in Deutschland sowie über seine eigene Tätigkeit vor.

In 2019, the Bundesbank achieved a net profit of 5.8 billion euros. After adjustment of the reserves, the net profit is 5.9 billion euros, the highest net profit since 2008, which the Bundesbank transferred in full to the Federal Ministry of Finance.

Low interest rates and an ample supply of central bank liquidity have helped to ease the tensions on the international financial markets. So far this year, the German financial system has also benefited from this situation. However, the Bundesbank believes that these exceptional financial conditions present risks to financial stability the longer they prevail.

The German financial system has functioned well during the pandemic; the extensive government measures have shielded the financial sector from losses. This is the conclusion reached by the Bundesbank in its Financial Stability Review 2021. 

The Bundesbank posted a profit of € 2.5 billion for the 2018 financial year, representing a year-on-year increase of € 0.5 billion. This increase was due to higher interest income, noted Bundesbank President Jens Weidmann.