The Bundesbank posted a profit of €4.6 billion for the 2013 financial year, after recording a surplus of €664 million in 2012. This amount was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz).

The Deutsche Bundesbank posted a profit of €664 million for the financial year 2012 compared with €643 million in 2011. This was paid over in full to the Federal Government on 12 March 2013 pursuant to section 27 number 2 of the Bundesbank Act.

By 2020, the Bundesbank intends to store half of Germany’s gold reserves in its own vaults in Germany. The other half will remain in storage at its partner central banks in New York and London

Germany’s financial ties with the rest of the world intensified further in 2011, partly due to the crisis. However, growth in cross-border positions was significantly weaker than one year previously.