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Augsburg (UK: OWGZ-burg, US: AWGZ-, German: [ˈaʊksbʊʁk ] (listen); Swabian German: Augschburg) is a city in Swabia, Bavaria, Germany, around 50 kilometres (31 mi) west of Bavarian capital Munich. It is a university town and regional seat of the Regierungsbezirk Schwaben with an impressive Altstadt (city centre). Augsburg is an urban district and home to the institutions of the Landkreis Augsburg. It is the third-largest city in Bavaria (after Munich and Nuremberg) with a population of 300,000 inhabitants, with 885,000 in its metropolitan area.After Neuss, Trier, Cologne and Xanten, Augsburg is one of Germany's oldest cities, founded in 15 BC by the Romans as Augusta Vindelicorum, named after the Roman emperor Augustus. It was a Free Imperial City from 1276 to 1803 and the home of the patrician Fugger and Welser families that dominated European banking in the 16th century.