Rund 250 Experten aus der Finanz- und Kreditwirtschaft waren der Einladung der Bundesbank nach Frankfurt am Main gefolgt und nutzten die Gelegenheit, um über aktuelle Themen, Innovationen und Trends in der Branche zu diskutieren.

The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full today to the Federal Government pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz).

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 January 2021 edition of the Monthly Report analyses the slowdown in productivity growth in the euro area and describes the data collection methodology and analysis options for the new securities holding statistics on banking groups. It also discusses the two-tier system for remunerating reserve holdings and its impact on banks and financial markets.

Given its public mandate to safeguard monetary stability, the Bundesbank has an inherent interest in ensuring a stable financial system. As an integral part of the European System of Central Banks, it also has an explicit mandate to contribute to financial stability.