Target2 balances of Eurozone countries 2019

The Target2 balance in Germany amounted to approximately 861.48 billion euros as of December 2019. Target2 is an interbank payment system that allows for the real-time processing of cross-border transfers throughout the European Union. Target2 is one of the largest payment systems in the world.
If an Austrian importer, for example, places an order with a company in Germany, payments to and from the accounts of the buyer and the seller are channeled via central banks. This would mean that the Austrian exporter's bank gets a credit with the Oesterreichische Nationalbank, which in turn has a claim on the ECB. The German importer's bank owes its local central bank, leaving the Deutsche Bundesbank with a debit at the ECB.

Target2 balances in selected Eurozone countries as of December 2019

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

2020

Region

Europe

Survey time period

December 2019

Supplementary notes

Figures have been rounded.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "European Central Bank"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.