Deutsche Bundesbank

Deutsche Bundesbank operates as the central bank of the Federal Republic of Germany. It involves in maintaining price stability in the Euro area, as well as in implementing the monetary policy decisions of the Governing Council of the European Central Bank. The bank also analyses and monitors the financial and monetary system to prevent national and international financial crises, such as the insolvency of banks, cause growth, and employment to slump. In addition, Deutsche Bundesbank involves in banking supervision, which comprises the oversight of the solvency, liquidity, and risk management systems of credit institutions; onsite inspections pursuant to the Basel II framework; and the development of prudential regulations. It engages in the settlement of payments in Germany and internationally, as well as in the maintenance of adequate supply of cash. Further, the bank serves as the Government’s fiscal agent, which manages the reserve assets and various functions in the field of statistics; and advises the Federal Government on matters of monetary policy. As of April 1, 2007, Deutsche Bundesbank had 9 regional offices; and 59 branches and 1 operating unit in Germany. The bank was founded in 1957 and is headquartered in Frankfurt am Main, Germany.