As expected, the Deutsche Bundesbank further reduced its loss for the year in 2025. In view of a significant improvement in profitability, the loss for the year fell by more than one-half compared with 2024 to €8.6 billion.
Annual Report 2025
Annual Report
Members of the Executive Board of the Deutsche Bundesbank from left: Burkhard Balz, Fritzi Köhler-Geib, Joachim Nagel, Sabine Mauderer, Michael Theurer, Lutz Lienenkämper – picture.source Goetz Schleser
Prof. Joachim Nagel President of the Deutsche Bundesbank
Dr Sabine Mauderer First Deputy Governor of the Deutsche Bundesbank
Prof. Fritzi Köhler-Geib
Burkhard Balz
Lutz Lienenkämper
Michael Theurer
We mourn the loss of the following members of our staff
Thomas Baumann – 2 January 2025
Alfred Vakaresko – 10 January 2025
Stefan Lange – 22 February 2025
Frank Michael Richter – 1 March 2025
Bernd Jacob – 22 March 2025
Reiner Karl Höflich – 1 April 2025
Reiner Kröll – 5 April 2025
Wilfried Proksch – 17 April 2025
Marcel Cieslik – 24 April 2025
Susanne Rarek – 6 July 2025
Steffen Kempf-Ruf – 30 August 2025
Arndt Holtsträter – 5 November 2025
Jochen Lainer – 30 November 2025
Christine Weil – 21 December 2025
We also remember the former staff members of the Bank who passed away in 2025.
