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.

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. 

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.

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.

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

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.

Ruth Förtsch, Daniel Nagel, Karin Sagner-Kaiser and Alexander Schwarz are new on the CIC team.

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

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

EU Twinning light project “Strengthening the capacities of the system for fight against counterfeiting of EUR” in North Macedonia successfully completed.

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

The coronavirus pandemic has forced central banks to make significant strides in their digitalisation efforts. 30 experts came together in an ad hoc expert panel to share their experiences with the digitalisation process. The Bundesbank offered insights into its new InnoWerk lab.

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.

Die Bruttoemissionen am deutschen Rentenmarkt lagen im August 2024 mit 113,5 Mrd € unter dem Wert des Vormonats (118,6 Mrd €). Nach Berücksichtigung der Tilgungen und der Eigenbestandsveränderungen der Emittenten stieg der Umlauf heimischer Rentenwerte um 7,5 Mrd € (Juli: – 1,2 Mrd €). Ausländische Titel wurden für netto 9,3 Mrd € am deutschen Markt untergebracht, sodass der Umlauf von in- und ausländischen Schuldverschreibungen in Deutschland im Ergebnis um 16,8 Mrd € zunahm. 

The new online courses have been up and running for three months. Marcus Haas, advisor on banking supervision, gives us a personal insight into the new normal.

Ceremonies took place to formally mark two changes of office, each with around 50 guests. The new Bundesbank representatives are Thomas Notheis in Mumbai and Alexander Lieber in São Paulo.