October 02, 2014 3:18 AM ET

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Company Overview of European Central Bank

Company Overview

European Central Bank operates as the central bank for Europe's single currency, the euro. The company is engaged in the definition and implementation of monetary policy for the euro area; conducting foreign exchange operations; holding and management of the official foreign reserves of the euro area countries; and the promotion and operation of payment systems. It is also issues banknotes; collects statistical information necessary for fulfilling the tasks from national authorities or directly from economic agents; supervises credit institutions and the stability of financial system; and maintains working relations with relevant institutions and bodies. European Central Bank was founded in ...

Eurotower (Main building)

Kaiserstrasse 29

Frankfurt am Main,  60311


Founded in 1998

1,790 Employees


49 69 13 44 0


49 69 13 44 60 00

Key Executives for European Central Bank

President of Executive Board
Age: 66
President of The Deutsche Bundesbank
Age: 45
Head of International & European Relations
Chief of Economics
Age: 64
Director General of Information Systems
Compensation as of Fiscal Year 2014.

European Central Bank Key Developments

European Central Bank Presents at ECBC Covered Bond Congress 2014, Sep-25-2014 05:10 PM

European Central Bank Presents at ECBC Covered Bond Congress 2014, Sep-25-2014 05:10 PM. Venue: The Austria Center, Vienna, Austria. Speakers: Mark Büssing-Lörck, Senior Economist.

European Central Bank Mulls Asset Acquisition

European Central Bank (ECB) is ready to acquire assets if it deems them necessary to counter a too prolonged period of low inflation in the euro zone, ECB’s Executive Board member Benoit Coeure said. He said: "Asset purchases are an instrument that we are ready to use if we deem necessary." "In practice, purchases would naturally be linked to the interest rate maturities that are most important for firms' and households' investment and consumption decisions. In the euro area, this tends to be the intermediate to longer part of the yield curve," he added. He further stated: "Overall, the yardstick for the success of any targeted asset purchases would not be the size of our balance sheet, but the observable effect of our operations on term premia across markets and jurisdictions."

European Central Bank Presents at Great Debates Spring IM F Investor Conference, Apr-12-2014 02:45 PM

European Central Bank Presents at Great Debates Spring IM F Investor Conference, Apr-12-2014 02:45 PM. Venue: The Hay-Adams Hotel, 800 16th St NW, Washington, DC 20006, District Of Columbia, United States. Speakers: Ignazio Angeloni, Directorate General of Financial Stability and Member of Governing Council.

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