The Bundesbank's overarching mission is to safeguard the stability of the currency. Its primary tasks include:
: As part of the Single Supervisory Mechanism (SSM) , it supervises German credit institutions to maintain the integrity of the banking sector. bundesbank
: It acts as the "house bank" for the German federal government, managing foreign reserves and advising on monetary policy issues. Institutional Governance Deutsche Bundesbank: Homepage The Bundesbank's overarching mission is to safeguard the
: It monitors the broader financial system to identify and mitigate risks, often working through international committees. such as TARGET Services
: The bank operates and monitors settlement and clearing systems, such as TARGET Services, to facilitate smooth electronic payments.