Deutsche Bundesbank posts €19.2 billion loss for 2024
Croatian and Norwegian central banks report profits
Germany’s central bank announced yesterday (February 25) that it had made a €19.2 billion ($21.1 billion) loss in 2024.
On the same day, the Norwegian and Croatian central banks posted profits of Nkr95.1 billion ($8.53 billion) and €10.5 million respectively.
Bundesbank “expects financial burdens to ease”This was the second consecutive year of losses for the Deutsche Bundesbank, where the reserves had generated a €20.3 billion negative profit in 2023.
The bank said in a statement that its losses
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