Prof. Dr. Franz-Christoph Zeitler, Vizepräsident der Deutschen Bundesbank, Im Rahmen der Münchener Seminare

The new Bundesbank branch in Dortmund is taking over the cash supply for the entire Rhine-Ruhr region. It is the Bundesbank’s largest and most modern branch. In future, around 200 members of staff employed there will supply 12 million people with banknotes and coins. The new branch will replace the five existing branches in the region.

Every four years, the Executive Board of the Bundesbank adopts a new strategy. Here you will find the principles of Strategy 2024 as well as the Bank's mission statement, which serves as a long-term orientation framework and forms the basis for the medium-term strategy.

Bundesbank President Jens Weidmann has warned against ignoring the uncertainty surrounding future price developments. “We also need to keep an eye on the risks to the price outlook. In my view, the risks are tilted to the upside right now,” he said at the Bundesbank symposium “Banking supervision in dialogue”.

The Bundesbank’s economists have examined how climate action affects the value of stock corporations. The outcome under the assumptions made was that a large proportion of the corporations under review did not suffer major equity price losses as a consequence of their direct greenhouse gas emissions, even for a sharp rise in carbon prices. By contrast, shares in companies whose greenhouse gas emissions cause them high costs in relation to their dividends suffer large losses. Stock corporations whose business centres around fossil energy sources are hardest hit.

The Network for Greening the Financial System (NGFS) has released its latest report, entitled “Adapting central bank operations to a hotter world”, which outlines specific options available to central banks to factor climate-related risks into their monetary policy operations. Bundesbank Executive Board member Sabine Mauderer called the report a milestone.

250 young people come together to discuss digitalisation, sustainability and the future of Europe at Euro20plus on 15. and 16. November.