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”.

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.

Climate change poses huge challenges for the financial sector, too. The Bundesbank supports the transition to a low-carbon economy.