Which major European institution has its central bank in Frankfurt am Main?

Created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.

The major European institution with its central bank located in Frankfurt am Main is the European Central Bank (ECB).

Established in 1998, the ECB serves as the central banking authority for the euro zone, managing the supply of the euro and maintaining price stability across member states. Frankfurt am Main is a significant financial hub and also serves as the headquarters for Germany's own central bank, the Deutsche Bundesbank.123