Which German central bank was created in 1957?

The Deutsche Bundesbank was created in 1957 as Germany's federal central bank.

It replaced the Bank deutscher Länder, which had operated in West Germany since 1948. The Bundesbank inherited a strong reputation for monetary discipline and became responsible for issuing the Deutsche Mark, managing reserves and helping maintain price stability.

The institution was based in Frankfurt am Main and became one of Europe's most influential central banks. Its reputation was shaped partly by the experience of severe inflation in Germany after the First World War. The Bundesbank's emphasis on stable prices later influenced the design of the European Central Bank.

Since the euro was introduced, the Bundesbank has been part of the Eurosystem. It no longer controls a national currency, but it participates in euro-area monetary policy, handles parts of Germany's cash supply and performs banking-supervision and financial-stability tasks. Deutsche Bank is a separate commercial bank, not Germany's central bank.