The relevance of this topic is due to the fact that at present in Germany there is an unpredictable price dynamics of energy resources, changes in interest rates, the dynamics of the euro exchange rate, and is also due to such factors as the instability of the political situation and the changing principles of state influence in the financial sector. Purpose of the work: to study the economic impact of financial risk on the German financial system, to explore methods for measuring, identifying and managing financial risks at the company level. Research methodology. In the course of the study, such modern methods of studying economic phenomena and processes as a dialectical approach, system analysis, formal logic, statistical research techniques were used.