Annual Report

Annual Report 2002


General Council (Generalrat), State Commissioner,
Governing Board (Direktorium), Personnel Changes,
Organizational Structure of the Bank
General Council (Generalrat), State Commissioner 
Governing Board (Direktorium), Personnel Changes 
Organization Chart 

Report of the Governing Board (Direktorium) for the Financial Year 2002
The Euro: A Success in Its First Year 
Positive Expectations Met 
OeNB Information Campaign and Targeted Public Relations Activities Boost Confidence 

Stability-Oriented Monetary Policymaking in Times of Weak Economic Activity 
Eurosystem Monetary Policy 
Euro Area Economic Activity in an Unfavorable International Environment 
Austria: Slowdown in Growth, Marginal Current Account Surplus 

The OeNB’s Role in Maintaining Financial Stability 
The OeNB’s Activities to Maintain Financial Stability 
Heterogeneous Developments Pose a Challenge to the Austrian Financial Sector 
The OeNB’s Role in Prudential Supervision 
OeNB Legally Entrusted with Payment Systems Oversight 
The OeNB as a Provider of Macroeconomic and Financial Market Statistics 
The OeNB as a Dialogue Partner in the Basel II Process 
Initiatives to Strengthen the Financial System 

The OeNB and EU Enlargement 
Economic and Institutional Framework Conditions in the Accession Countries 
OeNB Activities in the Enlargement Process 
New Tasks for the OeNB in Cashless Payments 
Road Map for the Establishment of a Single European Payment Area 
Dynamic Developments in Payment Instruments and Payment Systems 
Efficient Payment Infrastructure and Processing 

Foreign Reserve Policy in the Context of the Eurosystem 
EMU Creates New Legal, Institutional and Economic Framework Conditions
for Foreign Reserve Policy 
Efficient Foreign Reserve Management 

Efficient Organization Ensures Successful Corporate Governance 
The OeNB’s Tasks: An Overview 
Professional Handling of Responsibilities Based on Service and Customer Orientation 
The OeNB’s Subsidiaries 
Promotion of Science, Research and Culture 

Financial Statements of the Oesterreichische Nationalbank for the Year 2002
Balance Sheet as at December 31, 2002 
Profit and Loss Account for the Year 2002 

Notes to the Financial Statements 2002 
General Notes to the Financial Statements 
Realized Gains and Losses and Revaluation Differences and their Treatment
in the Financial Statements of December 31, 2002 
Capital Movements 
Development of the OeNB’s Currency Positions in the Business Year 2002 
Notes to the Balance Sheet 
Notes to the Profit and Loss Account 
Governing Board (Direktorium), General Council (Generalrat) 
Report of the Auditors 
Profit for the Year and Proposed Profit Appropriation 

Report of the General Council (Generalrat) on the Annual Report and the Financial Statements for 2002

Publications

Periodical Publications 
Selected Publications of the OeNB in 2001 and 2002



Overview


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