Seat of the European Central Bank Seat of the European Central Bank The seat of the European Central Bank (ECB) is in Ostend (East End), Frankfurt. The premises include the former Wholesale Market Hall ("Großmarkthalle"), a new 185/165 m twin-skyscraper and a new low-rise building to connect the two. East of the city centre, it houses the new headquarters for the European Central Bank (ECB). It was completed in 2014 and was officially opened on 18 March 2015. The ECB is required by the Treaties of the European Union to have its seat within the city limits of Frankfurt, the largest financial centre in the Eurozone.
European Central Bank the auctions, banks must be able to offer proof of appropriate collateral in the form of loans to other entities. These can be the public debt of member states, but a fairly wide range of private banking securities are also accepted. The fairly stringent membership requirements for the European Union, especially with regard to sovereign debt as a percentage of each member state's gross domestic product, are designed to ensure that assets offered to the bank as collateral are, at least in theory, all equally good, and all equally protected from the risk of inflation. The bank is based in