2009/58/EC: Decision of the European Central Bank of 15 December 2008 laying down the measures necessary for the paying-up of the European Central Bank’s capital by the non-participating national central banks (ECB/2008/28)
Date: 2008-12-15
Institutions: European Central Bank
Subjects: European Central Bank, European System of Central Banks, Member States' contribution, banking, banking policy, central bank, non-participating country (euro area)

24.1.2009

EN

Official Journal of the European Union

L 21/81

DECISION OF THE EUROPEAN CENTRAL BANK

of 15 December 2008
laying down the measures necessary for the paying-up of the European Central Bank’s capital by the
non-participating national central banks

(ECB/2008/28)

(2009/58/EC)

THE GENERAL 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 48 thereof,

into account the capital key weightings described in Article 2 of
Decision ECB/2008/23, each non-participating NCB shall pay
up with effect from 1 January 2009 the amount shown next
to its name in the following table:

Whereas:

Non-participating NCB

EUR

(1)

(2)

(3)

(4)

Decision ECB/2006/26 of 18 December 2006 laying
down the measures necessary for the paying-up of the
European Central Bank’s capital by the non-participating
national central banks (1), determined the percentage of
the subscription to the European Central Bank’s (ECB’s)
capital which the national central banks (NCBs) of the
Member States that would not have adopted the euro on
1 January 2007 were under an obligation to pay up on
1 January 2007 as a contribution to the ECB’s operation­
al costs.

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
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’).

(hereinafter the ‘capital key’)

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

The adjusted capital key requires the adoption of a new
ECB decision repealing Decision ECB/2006/26 with effect
from 1 January 2009 and determining the percentage of
the ECB’s subscribed capital which the NCBs of
the
Member States that will not have adopted the euro by
1 January 2009 (hereinafter the ‘non-participating NCBs’)
from
are under an obligation to pay up with effect
1 January 2009,

HAS DECIDED AS FOLLOWS:

Българска народна банка (Bulgarian National
Bank)

Česká národní banka

Danmarks Nationalbank

Eesti Pank

Latvijas Banka

Lietuvos bankas

Magyar Nemzeti Bank

Narodowy Bank Polski

Banca Națională a României

Sveriges Riksbank

Bank of England

3 502 591,87

5 835 771,31

5 982 149,49

721 809,75

1 144 007,96

1 716 213,56

5 587 371,98

19 740 488,44

9 937 989,49

9 106 093,68

58 539 980,14

Article 2

Adjustment of the paid-up capital

1.
Given that each non-participating NCB has already paid
up 7 % of its share in the ECB’s subscribed capital as applicable
until 31 December 2008 under Decision ECB/2006/26, each of
them shall either transfer an additional amount to the ECB, or
receive an amount back from the ECB, as appropriate, in order
to arrive at the amounts shown in the table in Article 1.

Article 1

Extent and form of paid-up capital

Each non-participating NCB shall pay up 7 % of its subscription
to the ECB’s capital with effect from 1 January 2009. Taking

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 (3).

capital

(1) OJ L 24, 31.1.2007, p. 15.
(2) See page 66 of this Official Journal.

(3) See page 71 of this Official Journal.

L 21/82

EN

Official Journal of the European Union

24.1.2009

Article 3

Final provisions

This Decision shall enter into force on 1 January 2009.

Decision ECB/2006/26 is hereby repealed with effect from 1 January 2009.

References to Decision ECB/2006/26 shall be construed as references to this Decision.

1.

2.

3.

Done at Frankfurt am Main, 15 December 2008.

The President of the ECB

Jean-Claude TRICHET