How might payments in the financial industry be made in future? The latest edition of the Bundesbank’s Monthly Report outlines various possible options in a world in which distributed ledger technology (DLT) is increasingly being used to settle transactions between banks. Central bank money must remain the number one choice for large-value payments, according to the Bank’s experts, though that does not necessarily mean that central bank digital currency needs to be provided directly in a DLT network setup. Nor does it entirely rule out the use of other forms of money. 

15. – 16.09.2025 | The Future of Banking: Risk Management, Governance, and Innovation in a Regulated World | Eltville am Rhein

German economic output is likely to have gone up slightly again in the second quarter of 2023, according to the Monthly Report. Private consumption has stabilised after previously having fallen. According to the experts, the fact that the labour market remained in good shape, wages rose sharply and price inflation did not continue to accelerate contributed to this development. Meanwhile, the decline in foreign demand was a drag on industry and the rise in funding costs dampened domestic investment. The Bundesbank is expecting the economy to recover haltingly later in the year.

The G20 finance ministers and central bank governors are set to meet in Gandhinagar, India, from 17 to 18 July. Bundesbank President Joachim Nagel will attend the two-day meeting, which will focus on issues including the current situation in the global economy, sustainability in the financial system and the regulation of crypto-assets.

Die Bruttoemissionen am deutschen Rentenmarkt lagen im Mai 2023 mit 168,5 Mrd € deutlich über dem Wert des Vormonats (127,9 Mrd €). Nach Abzug der Tilgungen und unter Berücksichtigung der Eigenbestandsveränderungen der Emittenten stieg der Umlauf heimischer Rentenwerte um 34,0 Mrd €.

Germany’s current account recorded a surplus of €8.9 billion in May 2023, down €13.4 billion on the previous month’s level. This was because invisible current transactions, which comprise services as well as primary and secondary income, switched to a deficit. The surplus in the goods account remained virtually unchanged.

Die aggregierte harte Kernkapitalquote ist im ersten Quartal 2023 auf 15,53 % gestiegen.

Die Finanzaufsicht BaFin und die Deutsche Bundesbank informieren über aktuelle Empfehlungen zur Verordnung über Märkte für Kryptowerte.

Upon invitation by the Research Centre, Benjamin M. Friedman, Professor of Political Economy at Harvard University, held a lecture entitled “Central banks’ battle against inflation: Implications for monetary policy”. It was followed by a panel discussion featuring Bundesbank President Joachim Nagel, Fritzi Köhler-Geib (Chief Economist, KfW Group) and Jens Ulbrich (Director General Economics, Deutsche Bundesbank). 

Bis zum 31. August 2023 können die Menschen in Europa ihre Meinung zu einer Vorauswahl von sieben Themen abgeben. Der EZB-Rat wird seine Entscheidung zur Themenauswahl voraussichtlich bis 2024 treffen, 2026 dürfte das finale Design der Banknoten feststehen.

Die Europäische Zentralbank (EZB) lädt alle Europäerinnen und Europäer dazu ein, über die Themen für die nächste Serie von Euro-Banknoten abzustimmen. In der Zeit vom 10. Juli bis zum 31. August 2023 können alle Interessierten aus dem Euroraum dazu an einer Umfrage auf der EZB-Website teilnehmen.

After adjustment for special factors in 2021, the consolidation process in the German banking sector, which has been going on for many years now, continued in 2022. Over the course of the year, the overall number of credit institutions fell by 61 (160 in the previous year) to 1,458.

Bundesbank President Joachim Nagel believes that a further rise in interest rates will be necessary. Be that as it may, he told the audience at the Bundesbank symposium “Banking supervision in dialogue”, how high they still need to go was impossible to say at this point in time – it would depend on how on inflation developed, which he saw as being highly uncertain. Bundesbank Vice-President Claudia Buch referred to the many challenges for banks posed by the trends of digitalisation, demographics, decarbonisation and deglobalisation. BaFin President Mark Branson warned of greenwashing in the financial sector.

It is published once a year at the end of November. The previous year is revised with the publication of the current reporting year.

Verglichen mit April 2023 haben sich die Erwartungen der Verbraucherinnen und Verbraucher wie folgt entwickelt.

Der gewichtete Indikator der Kreditfinanzierungskosten für neue Kredite an Unternehmen stieg um 18 Basispunkte auf 4,57 % und der entsprechende Indikator für neue Wohnungsbaukredite an private Haushalte um 10 Basispunkte auf 3,58 %; maßgeblich hierfür war in beiden Fällen der Zinseffekt.