Archive of topic posts
In the following list you find chronologically listed articles.
Use the search filter to narrow the period, to choose one main topic or to search the full text.
-
German credit institutions’ performance deteriorated in 2022
19.09.2023 DE
German credit institutions’ performance tended to deteriorate in 2022,
Bundesbank experts write in the current issue of the Monthly Report. Profit for the financial year before tax did manage to creep up on the whole and, at €27.4 billion, remained well above the long-term average. However, this was driven mainly by a one-off effect at one institution. According to the Bundesbank, most categories of banks recorded significantly lower annual profit for the reporting year than in 2021. -
No sign of economic recovery in third quarter
18.09.2023 DE
German economic output is likely to contract somewhat in the third quarter of 2023,
the Bundesbank writes in its Monthly Report. It is unlikely that private consumption will offer any discernible positive impetus. Households are still reluctant to spend despite the slight easing in price inflation, strong wage growth and favourable labour market. In addition, weak industry is weighing on economic output. -
Is Germany’s business model in danger?
18.09.2023 DE
The German economy is under considerable pressure to adapt, writes the Bundesbank in its September Monthly Report. Challenges are arising mainly from demographic change and the transition to a low-emission energy supply. Moreover, dependency on China for the procurement of key intermediate inputs entails risk. In the midset of the current debate concerning Germany’s alleged status as the “sick man of Europe”, the Bundesbank still sees the German economy as well positioned.
According to our analyses, broad-based deindustrialisation is not on the table either,
says Marcus Jüppner, co-author of the report. -
Capital add-ons for systemically important financial institutions in Germany
As from 1 January 2017, certain systemically important banks (SIBs) in Germany will need to hold more capital in order to enhance their resilience. The list of institutions concerned has been updated and published by the Federal Financial Supervisory Authority (BaFin).
-
Monthly Report: German economy still experiencing weak spell
21.08.2023 DE
The German economy is still experiencing a period of weakness. According to the Federal Statistical Office’s flash estimate, in the second quarter of 2023, seasonally adjusted real gross domestic product (GDP) stagnated at the level recorded in the previous quarter. The current issue of the Bundesbank’s Monthly Report reports that weak foreign demand and higher financing costs are weighing on the economy. The large backlog of orders in industry and construction and abating supply bottlenecks prevented an even weaker development. The sound labour market acted as a tailwind for the economy.
-
Banking stress test: German banks robust even in severe adverse scenario
28.07.2023 DE
The banking sector in the euro area would be able to withstand a severe economic downturn. This is the result of the stress test conducted by the European Banking Authority (EBA) and the European Central Bank (ECB). According to BaFin and the Bundesbank, German institutions proved robust even in the particularly severe adverse scenario.
-
Monthly Report: How cross-border payments are influenced and the role the German banking system plays in this
21.07.2023 DE
The current Monthly Report explores the factors influencing payment flows to and from Germany and how the banking system ensures that the required payments take place. The Bundesbank’s experts are in favour of excess liquidity being scaled back by the Eurosystem in the coming years to a point where the private interbank market can regain importance in the European payments space.
-
Digital money: options for the financial industry
19.07.2023 DE
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.
-
Monthly Report: German economy beginning to recover
17.07.2023 DE
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. -
Bundesbank President Joachim Nagel to attend G20 meeting in Gandhinagar, India
14.07.2023 DE
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.