In the coming years, institutions both large and small that focus on risk-management fundamentals can expect to both support a growing economy and provide strong returns to shareholders. 4  BIS Review 19/2001
The clear objective of price stability and the independence from executive branches, however, only necessary conditions for the success of the Bundesbank as an institution. The additional and decisive condition has been the credibility it gained with the German people and with global financial markets. Credibility is not something that can be installed by decree, it has to be earned.