2009/54/EC: Decision of the European Central Bank of 12 December 2008 laying down the measures necessary for the paying-up of the European Central Bank’s capital by the participating national central banks (ECB/2008/24)
Date: 2008-12-12
Institutions: European Central Bank
Subjects: European Central Bank, European System of Central Banks, Member States' contribution, banking, banking policy, central bank, participating country (euro area)

24.1.2009

EN

Official Journal of the European Union

L 21/69

DECISION OF THE EUROPEAN CENTRAL BANK

of 12 December 2008
laying down the measures necessary for the paying-up of the European Central Bank’s capital by the
participating national central banks

(ECB/2008/24)

(2009/54/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

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 Article 28.3 thereof,

(6)

Whereas:

(1)

(2)

Decision ECB/2006/22 of 15 December 2006 laying
down the measures necessary for the paying-up of the
European Central Bank’s capital by the participating
national central banks (1) determined how and to what
extent the national central banks (NCBs) of the Member
States that have adopted the euro (hereinafter the partici­
pating NCBs) were under an obligation to pay up the
European Central Bank’s (ECB’s) capital on 1 January
2007.

Decision ECB/2008/23 of 12 December 2008 on the
national central banks’ percentage shares in the key for
subscription to the European Central Bank’s capital (2)
provides for the adjustment of the key for subscription
to the ECB’s capital
in
(hereinafter
accordance with Article 29.3 of the ESCB Statute and
establishes with effect from 1 January 2009 the new
weightings assigned to each NCB in the adjusted capital
key (hereinafter the capital key weightings).

the capital key)

on 1 January 2009 (3) Slovakia fulfils the necessary
conditions for adoption of the euro and the derogations
the 2003 Act of
granted to it under Article 4 of
Accession (4) will be
from
1 January 2009.

abrogated with effect

ECB/2008/33

accordance with Decision

In
of
capital,
31 December 2008 on the paying-up of
transfer of foreign reserve assets and contributions by
Národná banka Slovenska to the European Central
Bank’s
and provisions (5) Národná banka
an obligation to pay up the
Slovenska
remaining share of its subscription to the ECB’s capital
with effect from 1 January 2009, taking into account the
adjusted capital key,

is under

reserves

HAS DECIDED AS FOLLOWS:

Article 1

Extent and form of paid-up capital

Each participating NCB shall pay up its subscription to the
ECB’s capital in full with effect from 1 January 2009. Taking
into account the capital key weightings set out in Article 2 of
Decision ECB/2008/23, each participating NCB shall pay up
with effect from 1 January 2009 the amount shown next to
its name in the following table:

(3)

The ECB’s subscribed capital is EUR 5 760 652 402,58.

Nationale Bank van België/Banque Nationale
de Belgique

139 730 384,68

Participating NCB

(EUR)

(4)

the ECB’s capital key requires the
The adjustment of
adoption of a new ECB decision repealing Decision
ECB/2006/22 with effect
from 1 January 2009 and
determining how and to what extent the participating
NCBs are under an obligation to pay up the ECB’s
capital with effect from 1 January 2009.

(5)

Pursuant to Article 1 of Council Decision 2008/608/EC
of 8 July 2008 in accordance with Article 122(2) of the
Treaty on the adoption by Slovakia of the single currency

(1) OJ L 24, 31.1.2007, p. 3.
(2) See page 66 of this Official Journal.

Deutsche Bundesbank

Central Bank and Financial Services
Authority of Ireland

Bank of Greece

Banco de España

1 090 912 027,43

63 983 566,24

113 191 059,06

478 364 575,51

(3) OJ L 195, 24.7.2008, p. 24.
(4) Act concerning the conditions of accession of the Czech Republic,
the Republic of Estonia, the Republic of Cyprus, the Republic of
Latvia,
the
Republic of Malta,
the Republic of
Slovenia and the Slovak Republic and the adjustments to the
Treaties on which the European Union is founded (OJ L 236,
23.9.2003, p. 33).

the Republic of Lithuania,

the Republic of Hungary,

the Republic of Poland,

(5) See page 83 of this Official Journal.

L 21/70

EN

Official Journal of the European Union

24.1.2009

Participating NCB

(EUR)

Banque de France

Banca d’Italia

Central Bank of Cyprus

Banque centrale du Luxembourg

Central Bank of Malta

De Nederlandsche Bank

Oesterreichische Nationalbank

Banco de Portugal

Banka Slovenije

Národná banka Slovenska

Suomen Pankki

819 233 899,48

719 885 688,14

7 886 333,14

10 063 859,75

3 640 732,32

229 746 339,12

111 854 587,70

100 834 459,65

in order to arrive at the amounts
the ECB, as appropriate,
shown in the table in Article 1. The paying-up of capital by
Národná
by Decision
ECB/2008/33.

Slovenska

regulated

banka

is

2.
All transfers pursuant to this Article shall be made in
accordance with Decision ECB/2008/25 of 12 December
2008 laying down the terms and conditions for transfers of
the European Central Bank’s
shares between the
national central banks and for the adjustment of the paid-up
capital (1).

capital

Article 3

Final provisions

18 941 025,10

1.

This Decision shall enter into force on 1 January 2009.

39 944 363,76

72 232 820,48

Decision ECB/2006/22 is hereby repealed with effect from

2.
1 January 2009.

Article 2

Adjustment of paid-up capital

1.
Given that each participating NCB, with the exception of
Národná banka Slovenska, has already paid up its full share in
the ECB’s subscribed capital as applicable until 31 December
2008 under Decision ECB/2006/22, each of them, with the
exception of Národná banka Slovenska, shall either transfer an
additional amount to the ECB, or receive an amount back from

References to Decision ECB/2006/22 shall be construed as

3.
being made to this Decision.

Done at Frankfurt am Main, 12 December 2008.

The President of the ECB

Jean-Claude TRICHET

(1) See page 71 of this Official Journal.