Deutsche Bundesbank Regional Office in Bavaria
The Deutsche Bundesbank, being the central bank of the Federal Republic of Germany, is an integral part of the European System of Central Banks (ESCB) which comprises the European Central Bank (ECB) and the national central banks of all members states of the European Union. Together with the other central banks of the Euro Area the Bundesbank is responsible for the stability of the Euro.
The Bundesbank consists of the headquarters in Frankfurt am Main and nine Regional Offices, one of which is located in Munich. The Regional Offices primarily carry out executive tasks whereas basic tasks are fulfilled by the headquarters.
Subordinated to the Regional Office in Bavaria are six branches (Munich, Nuernberg, Regensburg, Augsburg, Wuerzburg, Bayreuth) which carry out the Bundesbank’s business with the credit institutions and the public authorities in their respective area.