Statement by Jens Weidmann on the Annual Report 2019

28.02.2020 Keine deutsche Übersetzung verfügbar

The Bundesbank posted a profit of €5.8 billion for the 2019 financial year. Following adjustment of the reserves, the Bank registered its highest distributable profit since 2008, at €5.9 billion. “Lower risk provisioning is the main reason for this strong rise in the profit for the year,” Bundesbank President Jens Weidmann explained.