Here you find the Bundesbank’s current Financial Stability Review. Older Financial Stability Reviews are available on www.bundesbank.de.
Financial Stability Review
Financial Stability Review 2025
The risks to the German financial system have increased. The Financial Stability Review 2025 sees challenges from geopolitical tensions, trade conflicts and rising government debt.
The German financial system has weathered the exceptionally strong rise in interest rates well overall and has proved stable over the past months. Credit risk is now increasingly coming under the spotlight, however.
