About
Frankfurt (/ˈfræŋkfərt/; German pronunciation: [ˈfʁaŋkfʊɐ̯t am ˈmaɪ̯n] ( listen)), officially known as Frankfurt am Main, is the largest city in the German state of Hessen and the fifth-largest city in Germany, with a population of 701,350 (2013) within its administrative boundaries.[4] The actual urban area (Frankfurt Rhein-Main) has a population of 2,221,910.[5][6] The city is at the centre of the larger Frankfurt Rhine-Main Metropolitan Region which has a population of 5,500,000[1] and is Germany's second-largest metropolitan region. Since the enlargement of the European Union in 2013, the geographic centre of the EU is about 40 km (25 mi) east of Frankfurt.
Frankfurt is the largest financial centre in continental Europe and ranks among the world's leading financial centres. It is home to the European Central Bank, Deutsche Bundesbank, Frankfurt Stock Exchange and several large commercial banks. The European Central Bank is the central bank of the eurozone, consisting of 18 EU member states that have adopted the euro (€) as their common currency and sole legal tender. The Deutsche Bundesbank is the central bank of Germany and as such part of the European System of Central Banks. The Frankfurt Stock Exchange is one of the world's largest stock exchanges by market capitalization and accounts for over 90 percent of the turnover in the German market. In 2010, 63 national and 152 international banks had their registered offices in Frankfurt, including the headquarters of the major German banks, notably Deutsche Bank, Commerzbank, DZ Bank and KfW, as well as 41 representative offices of international banks.[
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