Back Bundesbank Afrikaans البنك الاتحادي الألماني Arabic Alman Federal Bankı Azerbaijani Бундэсбанк Byelorussian Banc Federal Alemany Catalan Německá spolková banka Czech Deutsche Bundesbank Danish Deutsche Bundesbank German Germana Federacia Banko Esperanto Banco Federal Alemán Spanish
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| Headquarters | Frankfurt, Hesse, Germany |
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| Established | 1957 |
| President | Joachim Nagel |
| Central bank of | Germany (1990–present) West Germany (1957–1990) |
| Currency | Deutsche Mark (1957–2002) |
| Reserves | €219,86 billion (2021)[1] |
| Preceded by |
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| Succeeded by | European Central Bank (1999)fn |
| Website | www |
| fn The Bundesbank still exists but many functions have been taken over by the ECB. | |
The Deutsche Bundesbank (pronounced [ˈdɔʏtʃə ˈbʊndəsˌbaŋk], lit. 'German Federal Bank', colloquially Buba,[2] sometimes alternatively abbreviated as BBk or DBB) is the German member of the Eurosystem and has been the monetary authority for Germany from 1957 to 1998, issuing the Deutsche Mark (DM). It succeeded the Bank deutscher Länder, which had introduced the DM on 20 June 1948.
The Bundesbank was the first central bank to be given full independence, leading this form of central bank to be referred to as the "Bundesbank model", as opposed, for instance, to the "New Zealand model", which has a goal (i.e. inflation target) set by the government.[3] The Bundesbank was greatly respected for its control of inflation through the second half of the 20th century. This made the German Mark one of the most respected currencies, and the Bundesbank gained substantial indirect influence in many European countries.[citation needed] As of 2023, its balance sheet total was €2.516 trillion,[4][5] making it the 4th largest central bank in the world.[6]
- ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- ^ Buba: Blowing the Whistle on Big Bubba's Gold Manipulators?
- ^ Bertold Wahlig (3 August 1995). 15C. The Model of the Deutsche Bundesbank (Report). IMF. ISBN 9781557754981. Retrieved 31 August 2024.
- ^ "Die Bundesbank in Zahlen". bundesbank.de (in German). 23 February 2024. Retrieved 31 August 2024.
Bilanzsumme - 2,516,001 Mio € (2023)
- ^ "The Bundesbank: key figures". bundesbank.de. 23 February 2024. Retrieved 31 August 2024.
Total assets - €2,516,001 million (2023)
- ^ "Top 100 Largest Central Bank Rankings by Total Assets". swfinstitute.org. Sovereign Wealth Fund Institute. Retrieved 31 August 2024.