Welcome to Frankfurt We are ready to host the EBA WELCOME TO FRANKFURT WE ARE READY TO HOST THE EBA
A perfect fit for the EBA
The Federal Republic of Germany is submitting a bid to make Frankfurt the next seat of the European Banking Authority.
Frankfurt is the most important financial hub in continental Europe and a key centre of financial market stability. It features a unique concentration of European and national supervisory bodies, inter- national banks, insurance companies and law firms that few other cities can provide. Located at the heart of Europe, Frankfurt offers easy access to all EU capitals, a cosmopolitan atmosphere and a high quality of life.
Frankfurt looks forward to welcoming the EBA.
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01 View onto the city and the financial district
02 The European Central Bank, Headquarters of European Systemic Risk Board
03 The Westhafen Tower, Headquarters of European Insurance and Occupational Pensions Authority
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What makes Frankfurt right for the EBA? Plus point 1: Right next door to other European financial supervisors
The financial hub of Frankfurt plays a key role as Germany’s financial supervisors – including a centre of financial market stability, for the euro BaFin, the FMSA and the Deutsche Bundesbank – area and beyond. Here, the EBA will benefit from are also headquartered in Frankfurt. having direct proximity to other European finan- cial supervisors including the ECB, the ESRB, the SSM and EIOPA. This will boost the efficiency of day-to-day work and facilitate a rapid response if a crisis occurs.
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Plus point 2: The financial hub of Frankfurt offers an exceptional network
Frankfurt features an outstanding network of businesses and institu- tions. 199 banks – including 159 international banks – are located here, together with the Frankfurt Stock Exchange and the Eurex derivatives exchange. The city is also home to renowned universities and research centres as well as international auditing firms, rating agencies, and law offices with financial expertise. Furthermore, the number of financial market participants who want to relocate to Frankfurt or expand their activities there is growing continuously.
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01 Excellent cycle paths
02 The Holbeinsteg, connecting the inner city with the Museum embankment (Museumsufer)
03 02 03 Rapid-transit railway
Plus point 3: Easy access to all EU member states, 01 and a compact city centre
Frankfurt is situated at the geographic heart Getting around within the city is easy too: all of Europe. National, continental and global major institutions can be reached in just minutes 3 hrs transport routes converge here. Europe’s most on foot or by bicycle, underground or car. Buses MOSCOW STOCKHOLM efficient international airport is just a 15-minute and city trains span a metropolitan region that ride from the city centre, by car or train. Every encompasses a population of 5.5 million and that 1.5 hrs week, Frankfurt Airport offers 3,000 direct flights features both lively urban centres and rich cul- within Europe, 250 to North America and 400 tural landscapes. Car-sharing and ride-sharing LONDON WARSAW 02 18 hrs BERLIN to Asia and the Middle East. programmes round out an efficient, user-friendly 9 hrs transport system. 01 FRANKFURT Frankfurt Airport, served by 96 passenger airlines flying to 299 destinations in 97 countries worldwide PARIS BUDAPEST Frankfurt’s main train station offers daily
02 high-speed train connections to Brussels (travel Central Railway Station, offering high-speed connections to several European capitals time 3 hrs. 10 min.), Amsterdam (4 hrs.), Berlin (3 hrs. 40 min.), Paris (3 hrs. 40 min.) and many ROME MADRID other destinations.
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01 01 / 03 Frankfurt School of Finance & Management
02 02 Goethe University, Campus Westend
Plus point 4: Outstanding access to highly skilled and educated talent
Today, over 100,000 people in the Frankfurt / Within a 45-minute travel radius, over 26,000 Rhine-Main region work in the financial ser students are currently working towards a degree vices sector. First-rate research centres such as in economics, and over 16,000 students are en- the House of Finance at the Goethe University gaged in the study of law. Frankfurt, the Frankfurt School of Finance and Management, the Center for Financial Stud- ies and the International Center for Insurance Regulation provide scientific expertise and offer top-notch education to highly qualified young talent.
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01 International kindergarten
02 02 Lecture hall
Plus point 5: The international life starts in early childhood
The Frankfurt region’s educational landscape ternational schools, tuition-free bilingual state offers a wide range of international options that schools, bilingual private schools and European span from kindergarten to university. The peo- Schools. ple who live in the region and the companies that operate here come from all over the world.
To meet their educational needs, over 30 schools offer international curricula: these include in-
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01 Riverbank
02 Skatepark at the ECB
03 Historic district of Sachsenhausen 03 04 Museumsufer Festival
Plus point 6: A high quality of life, in multiple languages
For centuries, Frankfurt has been one of Europe’s There is a broad spectrum of international leading cities for international trade fairs and communities, cultural institutions and sports commerce. The city’s residents hail from nearly clubs. Everyday communication can easily 200 countries and enjoy a harmonious coexist- be conducted in English. ence. More international corporations have their headquarters here than in any other German region.
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01 MMK Museum für Moderne Kunst
02 Old Opera House
03 03 Städel Museum
Plus point 7: A wealth of culture
The Frankfurt / Rhine-Main region features an Over 4,000 paintings from the Middle Ages to abundance of museums, theatres and concert the present can be viewed at the Städel, one of halls that enjoy international renown. Global Germany’s most distinguished museums. Two stars from the world of classical music and jazz major modern art venues – the Schirn Kunst perform at Frankfurt’s Alte Oper and at the halle and the Museum für Moderne Kunst – Rheingau Music Festival. Ensembles from 25 attract large numbers of visitors to Frankfurt. different countries stage high-quality English- language productions at the English Theatre.
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01 Messe Frankfurt, 02 Congress centre “Kap Europa”
02 Messe Frankfurt, Festhalle
03 J.P. Morgan Corporate Challenge
04 01 Messe Frankfurt, Forum
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Plus point 8: A meeting place for the world
Frankfurt plays host to over 40 trade fairs every Ironman Frankfurt, the J.P. Morgan Corporate year. Fifteen of these are leaders in their respec- Challenge (which attracted over 60,000 runners tive industries, including the International Motor in 2017), the Frankfurt Marathon, and the Fest- Show and the tradition-rich Frankfurt Book hallen Reitturnier horse show. Fair. Frankfurt also serves as the venue for a va- riety of international sporting events such as
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Dr. Wolfgang Schäuble, Peter Feldmann, Federal Minister of Finance: Mayor of Frankfurt:
“I am firmly convinced that a key “Frankfurt offers everything people expect combination of factors make from an international metropolis, plus Frankfurt the best option for the some additional decisive advantages: short future headquarters of the distances, affordable rents, and an attractive European Banking Authority.” surrounding countryside.”
Volker Bouffier, Minister-President of Hessen:
“The EBA’s relocation to Frankfurt would fortify the existing network of supervisory authorities in a single location. This added clout would enhance the EU’s status as a force for financial market stability world wide, thus benefiting all EU member states.”
www.ready-to-host-EBA.de
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Published by Bundesministerium der Finanzen Referat für Öffentlichkeitsarbeit Wilhelmstraße 97 10117 Berlin
July 2017
Edited by Referat VII C 3
www.bundesfinanzministerium.de www.ready-to-host-EBA.de
This brochure is published as part of the German federal government’s public relations. It is distributed free of charge and is not intended for sale.
The distribution of this brochure at campaign events or at information stands run by political parties is prohibited, and third-party information or advertising may not be inserted in, printed on or affixed to this publication.
Photo credits
Cover: Skyline Frankfurt im Sonnenuntergang © pure-life-pictures – Fotolia.com / Page 2 – 3: View on the financial district with Main river and park during the sunset in Frankfurt city, Germany © rh2010 – Fotolia.com / Page 4 – 5: Frankfurt Skyline © David – Fotolia.com / Neubau der Europäischen Zentralbank in Frankfurt am Main © helmutvogler – Fotolia.com / Westhafen, Frankfurt © pure-life-pictures – Fotolia.com / Page 6 – 7: Business People Meeting Discussion Working Office Concept © Rawpixel.com – Fotolia.com / Page 8 – 9: Terminal 2 © Fraport AG / Hauptbahnhof Frankfurt am Main © schulzfoto – Fotolia.com / Young man wearing business suit while riding an utility bicycle © Kzenon – Fotolia.com / Frankfurt am Main, Deutschland (Holbeinsteg) © Schlierner – Fotolia.com / S-Bahn Zug © Matthias Buehner – Fotolia.com / Page 10 – 11: © Frankfurt School of Finance & Management, Campus Image / Uni Campus Westend © Camilo Brau / Page 12 – 13: School Children Cheerful Variation Concept © Rawpixel.com – Fotolia.com / Teacher giving tests to students at lecture © Syda Productions – Fotolia.com /Page 14 – 15: Mainufer © #visitfrankfurt, Foto: Holger Ull- mann / Skater © Camilo Brau / Alt-Sachsenhausen © Camilo Brau / Museumsuferfest © #visitfrankfurt, Foto: Holger Ullmann / Page 16 – 17: MMK Museum für Moderne Kunst: Zentrale Halle © Norbert Miguletz / Alte Oper in Frankfurt © eyetronic– Fotolia.com / Nacht der Museen: Städel Museum © Frank Rumpenhorst / Page 18 – 19: Kap Europa © Messe Frankfurt Venue GmbH – Jacquemin / Festhalle © Messe Frankfurt GmbH / Forum © Messe Frankfurt GmbH / J.P. Morgan Corporate Challenge © Thomas Koch / Page 20 – 21: EZB Skyline Frankfurt © Petrus Bodenstaff – Fotolia.com / Page 22 – 23: Frankfurt Eiserner Steg © city-pix – Fotolia.com
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