The Deutsche Bundesbank in figures Annual Report 2024

The Deutsche Bundesbank: key figures

 

              2023

2024

Staff1 
Core staff (full-time equivalents)

10,255

10,207

Contraction since 31 December 20012

4,545 (= 30.7 %)

4,609 (= 31.1 %)

Locations / core staff (full-time equivalents)1 
Central Office

1 / 5,530

1 / 5,791

Regional offices

9 / 2,623

9 / 2,415

Branches

31 / 2,102

31 / 2,001

Annual accounts1 
Distributable profit

− €19,153 million

Net interest income

 €13,907 million

− €13,059 million

Total assets

€2,516,001 million

€2,372,647 million

Foreign reserve assets (total)

€292.3 billion

€363.7 billion

Foreign currency

€33.4 billion

€34.0 billion

Receivables from the IMF

€57.5 billion

€59.2 billion

Gold

(3,353 t) €201.3 billion

(3,352 t) €270.6 billion

Allocation across the various storage locations

 

Frankfurt

(1,710 t) €102.7 billion

(1,710 t) €138.1 billion

New York

(1,236 t) €74.2 billion

(1,236 t) €99.8 billion

London

(406 t) €24.4 billion

(405 t) €32.7 billion

ECB capital key1 
Share of subscribed capital

21.4394 %

21.7749 %

Share of paid-up capital

26.1494 %

26.6301 %

Amount of the participating interest in the ECB

€2.32 billion

€2.36 billion

Foreign reserve assets transferred to the ECB

€10.64 billion

€10.80 billion

Monetary policy operations 
Open market operations in the euro area 
Main refinancing operations

€14.1 billion

€17.0 billion

Longer-term refinancing operations3

€396.2 billion

€17.2 billion

of which counterparties of the Bundesbank 

€69.5 billion

€3.5 billion

Banks participating in refinancing operations (total)

458

88

of which via the Bundesbank

252

27

Standing facilities 
Marginal lending facility in the euro area 

€0.01 billion

€0.048 billion

Deposit facility in the euro area 

€3,334.8 billion

€2,799.01 billion

Asset purchase programmes (Bundesbank’s share)1 
CBPP3 portfolio

€74.5 billion

€64.9 billion

PSPP portfolio

513.5 billion

€447.3 billion

CSPP portfolio

71.8 billion

€63.7 billion

PEPP public sector portfolio

€339.6 billion

€325.1 billion

PEPP corporate sector portfolio

€8.3 billion

€8.7 billion

PEPP covered bonds portfolio

1.4 billion

€1.3 billion

Cash payments 
Volume of euro banknotes in circulation (Eurosystem)1

€1,567.2 billion

€1,588.3 billion

Volume of coins in circulation (Eurosystem)1

€33.5 billion

€34.5 billion

Returned DEM banknotes and coins

DEM

58.1 million

DEM

53.1 million

Unreturned DEM banknotes and coins

DEM

12.24 billion

DEM

12.18 billion

Incidence of counterfeit money in Germany 
Euro banknotes (number)

56,572 

72,413

Euro coins (number)

115,832 

141,332

Cashless payments 
Payments via the Bundesbank (number of transactions)

7,838.6 million

8,487.7 million

of which via RPS

7,681.6 million

8,294.8 million

of which via TARGET(2)-Bundesbank

154.5 million

190.3 million

payment transactions in T(ARGET)24

53.0 million

53.4 million

payment transactions in TIPS

33.4 million

62.5 million

settlement of securities transactions in T2S

68.1 million

74.4 million

Payments via the Bundesbank (value)

€307.8 trillion

€308.9 trillion

of which via RPS

€4.5 trillion

€4.8 trillion

of which via TARGET(2)-Bundesbank

€300.1 trillion

€299.8 trillion

payment transactions in T(ARGET)24

€230.3 trillion

€221.0 trillion

payment transactions in TIPS

€27.7 billion

€56.3 billion

settlement of securities transactions in T2S

€69.8 trillion

€78.7 trillion

Banking supervision 
Number of institutions supervised

2,779

2,723

On-site inspections

163

150

Cooperation with foreign central banks  
Training and advisory events

249

270

Number of participants (total)

3,386

2,573

Number of participating countries (total)

104

104

Selected publications  
Annual Report

1

1

Financial Stability Review

1

1

Monthly Report

12

12

Statistical Series

104

104

Research Centre discussion papers

34

46

Technical papers

8

12

Publications in academic journals

78

81

External communication / public relations  
Visitors to the Money Museum

44,144

47,125

Economic education events / number of participants

1,932 / 54,003

1,771 / 49,243

Written answers to queries

17,749

19,691

Press releases

480

495

Training sessions on counterfeit prevention / number of participants

2,100 / 42,000

2,000 / 39,900

1 As at 31 December. 2 Core staff (full-time equivalents) as at 31 December 2001 (year before the structural reform began): 14,800. 3 Including targeted longer-term refinancing operations (TLTROs), excluding US dollar tenders. 4 On 20 March 2023, a new technical platform replaced the existing TARGET2 system. Since then, banks’ liquidity management, transactions with the central bank and individual payments (including settlement with connected market infrastructures) have been processed in the new T2 service. The figures listed here comprise the transactions in TARGET2-Bundesbank up until the changeover date and subsequently the transactions in TARGET-Bundesbank (T2 service).

 

Branches of the Deutsche Bundesbank

on 31 December 2023

Locality numberBank location
720Augsburg
100Berlin
480Bielefeld
870Chemnitz
370Cologne
470Dortmund
820Erfurt
500Frankfurt am Main
680Freiburg
260Göttingen
200Hamburg
250Hannover
660Karlsruhe
570Koblenz
370Köln
860Leipzig
545Ludwigshafen
810Magdeburg
550Mainz
700Munich
150Neubrandenburg
760Nuremberg
280Oldenburg
265Osnabrück
750Regensburg
640Reutlingen
130Rostock
590Saarbrücken
600Stuttgart
630Ulm
694Villingen-Schwenningen
790Würzburg

 

Staff of the Deutsche Bundesbank

on 31 December 2024

1
Not included:
  – Members of staff on secondment: 97 (end-2023: 96) 
  – Members of staff on unpaid leave: 256 (end-2023: 243)
  – Members of staff in the second phase of the partial retirement scheme: 146 (end-2023: 140)
 

ItemStaff numbers1Change compared with AR 2023
TotalRegional officesBranchesCentral OfficeTotalRegional officesBranchesCentral Office
Civil servants

6,255

1,549

769

3,937

27

− 85

− 37

149

Salaried staff

5,397

1,145

1,426

2,826

− 127

− 163

− 70

106

Total

11,652

2,694

2,195

6,763

− 100

− 248

− 107

255

of which: trainees

626

69

22

535

− 43

− 13

    − 1

− 29

Remainder: core staff

11,026

2,625

2,173

6,228

− 57

− 235

− 106

248

Memo item: Core staff pro rata (full-time equivalents)

10,207.4

2,415.5

2,001.0

5,790.9

− 47.7

− 207.8

− 100.9

261.0

1 Of which:
– part-time employees: 3,094 (end-2023: 3,044)
 staff with temporary contracts: 155 (end-2023: 141).

 

Offices held by members of the Executive Board of the Deutsche Bundesbank

Pursuant to the Code of Conduct for members of the Executive Board of the Deutsche Bundesbank, the Annual Report shall disclose details of offices held by Board members on supervisory boards or similar inspection bodies of business enterprises.

2
Membership of other official bodies is not listed.
 

Michael Theurer, member of the Executive Board since 2 September 2024, 
was a co-partner in TWF Metallbearbeitungs Holding UG

in 2024.
3
The partnership existed prior to his taking up office and is in the process of being dissolved.

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