2009/53/EC: Decision of the European Central Bank of 12 December 2008 on the national central banks’ percentage shares in the key for subscription to the European Central Bank’s capital (ECB/2008/23)
Date: 2008-12-12
Institutions: European Central Bank
Subjects: European Central Bank, European System of Central Banks, Member States' contribution, banking policy, central bank

L 21/66

EN

Official Journal of the European Union

24.1.2009

EUROPEAN CENTRAL BANK

DECISION OF THE EUROPEAN CENTRAL BANK

of 12 December 2008
on the national central banks’ percentage shares in the key for subscription to the European Central
Bank’s capital
(ECB/2008/23)

(2009/53/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

(3)

Having regard to the Statute of the European System of Central
Banks and of the European Central Bank (hereinafter the ESCB
Statute), and in particular Articles 29.3 and 29.4 thereof,

The last adjustment of
the capital key weightings in
accordance with Article 29.3 of the ESCB Statute was
made in 2003 with effect from 1 January 2004 (2). The
the ECB’s capital key were
subsequent expansions of
made in accordance with Article 49.3 of
the ESCB
Statute in view of the accession of new Member States
to the European Union (3).

Having regard to the contribution of the General Council of the
European Central Bank (ECB)
in accordance with the fourth
indent of Article 47.2 of the ESCB Statute,

(4)

In accordance with Council Decision 2003/517/EC of
15 July 2003 on the statistical data to be used for the
adjustment of the key for subscription to the capital of
the European Central Bank (4), the European Commission
provided the ECB with the statistical data to be used in
determining the adjusted capital key,

Whereas:

HAS DECIDED AS FOLLOWS:

(1)

(2)

Decision ECB/2006/21 of 15 December 2006 on the
national central banks’ percentage shares in the key for
subscription to the European Central Bank’s capital (1)
laid down with effect
from 1 January 2007 the
weightings assigned to those national central banks
(NCBs) that were members of the European System of
Central Banks (ESCB) on 1 January 2007 in the key for
subscription to the ECB’s capital (hereinafter the capital
key weightings and the capital key respectively).

Article 29.3 of the ESCB Statute requires the capital key
weightings to be adjusted every five years after the estab­
lishment of the ESCB by analogy with the provisions laid
down in Article 29.1 of the Statute. The adjusted capital
key applies with effect from the first day of the year
following the year in which the adjustment occurs.

(1) OJ L 24, 31.1.2007, p. 1.

Article 1

Rounding

Where the European Commission provides revised statistical
data to be used in adjusting the capital key and the figures
do not total 100 %, the difference shall be compensated for:
(i) if the total is below 100 %, by adding 0,0001 of a percentage
point to the smallest share(s) in ascending order until exactly
100 % is reached, or (ii)
is above 100 %, by
subtracting 0,0001 of a percentage point in descending order
from the largest share(s) until exactly 100 % is reached.

the total

if

(2) Decision ECB/2003/17 of 18 December 2003 on the national
central banks’ percentage shares in the key for subscription to the
European Central Bank’s capital (OJ L 9, 15.1.2004, p. 27).

(3) Decision ECB/2004/5 of 22 April 2004 on the national central
subscription to the
(OJ L 205, 9.6.2004, p. 5) and

in the key for

banks’ percentage shares
European Central Bank’s capital
Decision ECB/2006/21.
(4) OJ L 181, 19.7.2003, p. 43.

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Official Journal of the European Union

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Article 2

Capital key weightings

The weighting assigned to each NCB in the capital key described in Article 29 of the ESCB Statute shall be
as follows with effect from 1 January 2009:

— Nationale Bank van België/Banque Nationale de Belgique

2,4256 %

— Българска народна банка (Bulgarian National Bank)

— Česká národní banka

— Danmarks Nationalbank

— Deutsche Bundesbank

— Eesti Pank

0,8686 %

1,4472 %

1,4835 %

18,9373 %

0,1790 %

— Central Bank and Financial Services Authority of Ireland

1,1107 %

— Bank of Greece

— Banco de España

— Banque de France

— Banca d’Italia

— Central Bank of Cyprus

— Latvijas Banka

— Lietuvos bankas

— Banque centrale du Luxembourg

— Magyar Nemzeti Bank

— Central Bank of Malta

— De Nederlandsche Bank

— Oesterreichische Nationalbank

— Narodowy Bank Polski

— Banco de Portugal

— Banca Națională a României

— Banka Slovenije

— Národná banka Slovenska

— Suomen Pankki

— Sveriges Riksbank

— Bank of England

1,9649 %

8,3040 %

14,2212 %

12,4966 %

0,1369 %

0,2837 %

0,4256 %

0,1747 %

1,3856 %

0,0632 %

3,9882 %

1,9417 %

4,8954 %

1,7504 %

2,4645 %

0,3288 %

0,6934 %

1,2539 %

2,2582 %

14,5172 %

L 21/68

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Official Journal of the European Union

24.1.2009

Article 3

Final and transitional provisions

This Decision shall enter into force on 1 January 2009.

Decision ECB/2006/21 is hereby repealed with effect from 1 January 2009.

References to the Decision ECB/2006/21 shall be construed as being made to this Decision.

1.

2.

3.

Done at Frankfurt am Main, 12 December 2008.

The President of the ECB

Jean-Claude TRICHET