Seat of the European Central Bank Podemos. 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
European Central Bank The NCBs are the sole subscribers to and holders of the capital of the ECB. Today, ECB capital is about €11 billion, which is held by the national central banks of the member states as shareholders. The NCBs’ shares in this capital are calculated using a capital key which reflects the respective member’s share in the total population and gross domestic product of the EU. The ECB adjusts the shares every five years and whenever a new country joins the EU. The adjustment is made on the basis of data provided by the European Commission. All national central banks (NCBs)