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Home Business BANKS

ECB opens Visitor Centre

The FINANCIAL by The FINANCIAL
October 4, 2017
in BANKS
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Results of the September 2018 Survey on Credit Terms and Conditions in Euro-Denominated Securities Financing and Over-the-Counter Derivatives Markets
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The FINANCIAL — The European Central Bank (ECB) on October 4 inaugurates its Visitor Centre.

The new space at its headquarters in Frankfurt allows the institution to invite citizens from Europe and beyond to learn more about the ECB, its tasks and mission.

“The ECB Visitor Centre gives us a physical space where the public can learn more about the activities of the ECB and how they impact on the daily life of people and businesses,” said Mario Draghi, President of the ECB.

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The Visitor Centre is divided into four main sections, with the euro serving as the uniting theme. The first section, Maintain, looks at how the ECB maintains price stability. The second section, Safeguard, focuses on the ECB’s role in promoting financial stability and supervising banks. The third section, Connect, highlights the ECB’s tasks in developing payment systems and supplying euro banknotes. A fourth section, Achieve, offers a broader European perspective, highlighting Europe’s achievements, according to ECB.

The development and creation of the Visitor Centre took just over two years (from spring 2015 to summer 2017) and its total cost amounted to €5.4 million. The Visitor Centre is expected to welcome 40,000 visitors per year, tripling the ECB’s capacity for visitor groups.

See also  Historic Bond Issue: The West African Development Bank (BOAD) Raises EUR 1 Billion With a 15-Year Maturity on the International Capital Market

 

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