The annual accounts are audited by independent external auditors for the purposes laid down in Article 27 of the Statute of the ESCB.

The auditors have full power to examine all books and accounts of the Bank and obtain information about its transactions. In preparing the annual accounts, the Bank is required to comply with accounting principles and standards that are mainly laid down in special rules. The auditors are liable for the professional opinion they render.

Related Topics

Annual accounts

The annual accounts are approved by the Ordinary Meeting of Shareholders within the time limit established in the Bank’s Statute.