Director for Board and International Affairs

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.

The banking stress test just conducted jointly by BaFin and the Bundesbank has shown that the profitability of small and medium-sized banks and savings banks in Germany improved significantly in 2023. Institutions have emerged from the interest rate reversal with stronger profitability and a higher capital base, and are also prepared for a severe crisis scenario. At a joint press conference in Frankfurt, Raimund Röseler, Chief Executive Director of Banking Supervision at BaFin, and Michael Theurer, the Bundesbank Executive Board member responsible for banking supervision, presented the results of the “LSI stress test”.

Changing jobs in the midst of a pandemic is challenging, especially if the new post is abroad. Jens Reich, Marie-Therese Gold, Michael Schardt and Alexander Lieber now work for the Bundesbank overseas. 

Für das Schülerbuch „Geld und Geldpolitik“ sind begleitende Materialien für den Einsatz im Schulunterricht erhältlich.

At the end of 2023, Germany’s net external assets totalled €2,964 billion, thus amounting to just over 70% of Germany’s nominal gross domestic product (GDP). Overall, both assets and liabilities vis-à-vis non-residents rose further in 2023.

Implementation in the EU of the Basel III reform package will lead to a 3.3% increase in minimum required capital (MRC) by 2030 for a sample of 36 German financial institutions. The Bundesbank calculated this result in a study based on data from large institutions in particular.

Sustainable Finance refers to the integration of environmental, social and governance aspects into the decision-making of financial players.

The certificate is self-signed with the SHA-256 algorithm and is valid for twelve years.

The Bundesbank took a fully active part in this project. Experts involved describe their personal impressions.

Cooperative arrangements are valuable, as they save resources, increase reach and strengthen networks

Dr Johannes Ludwig is the new Deputy Head of the New York Representative Office.

Britta Weinmann is the Bundesbank’s new representative at the German embassy in Moscow. Ms Weinmann, who worked in banking supervision at the Bank’s Regional Office in Hesse prior to this, took over her new role on 1 August from Sven Redel

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.