Frankfurt, located in the German State of Hessen is the largest city of the State and the fifth-largest city in Germany. Frankfurt is ranked after Berlin, Hamburg, Munich and Cologne, with a population of 661,877 according to the 2006 census. The urban area was having an approximate population of 1,468,140 in 2000. The city is situated at the center of the Frankfurt Rhine Main Area and which is Germany's second largest metropolitan area.

Located on the banks of the river Main, Frankfurt is the financial and transportation center of Germany. The economy of Frankfurt plays a leading role in controlling the economy of the whole nation. When it comes to the economic forecasting, the economists of Germany depend a lot on the economy of Frankfurt. It is home to the European Central Bank, the Frankfurt Stock Exchange and is one of the largest financial centers in continental Europe. Frankfurt was ranked as Europe's richest city in 2001 as measured on the basis of GDP per capita income. This place is also enlisted among one of the nine Alpha world cities.

Frankfurt is a major financial and service center which is having a tremendous global importance. Located on the focal point of the dynamic Rhine-Main economic region, this place is blessed as one of the leading locations for companies in Europe. This very factor is playing quite a vital role in developing the economy of Frankfurt. The central location of the city, its well-developed infrastructure with the largest airport on the whole European continent, all these factors have attracted a big number of internationally leading companies to Frankfurt. Many of these companies have already established their headquarters in the city. The Frankfurt companies are of versatile sectors and their collaborative effort is providing Frankfurt with one of the top positions in Europe.

As one of the leading financial centers of the European continent, more than 300 national and international banks are represented in the Frankfurt metropolis. Among the leading financial and banking sectors, the European Central Bank and the German Bundes bank have established their headquarters in Frankfurt. This place is also the main hub of the Deutsche Börse Group. Frankfurt is the home to several business sectors like electronic communication, various sorts of trades, chemical industries, advertising, IT related business and hardware manufacturing centers.