CELEX: 32010D0115(01)
Language: en
Date: 2009-03-30 00:00:00
Title: European Investment Bank — Decision of the Board of Governors of 30 March 2009 on the increase in the capital of the European Investment Bank

15.1.2010   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               L 10/19
            
         EUROPEAN INVESTMENT BANK
   DECISION OF THE BOARD OF GOVERNORS
   of 30 March 2009
   on the increase in the capital of the European Investment Bank
   THE BOARD OF GOVERNORS OF THE EUROPEAN INVESTMENT BANK,
   HAVING REGARD to Articles 4(3) and 5(2) of the Statute,
   WHEREAS the task of the Bank is set out in Article 267 of the Treaty establishing the European Community,
   WHEREAS according to Article 4(1), second subparagraph, of the Bank’s Statute the unit of account shall be defined as being the euro,
   WHEREAS the recent development of the Bank’s activity and the likely evolution of lending, in particular with a view to respond to the European and Ecofin Councils’ invitations, requires an increasing EIB support for a range of activities, particularly against the current outlook of the economic situation in the EU over the coming years,
   WHEREAS according to the deliberations of the Board of Directors on the Bank’s requirements for capital at its meeting on 16 December 2008, the subscribed capital of the Bank should be increased to EUR 232 392 989 000; the portion to be paid in should be 5 percent, funded entirely by the Bank from its Additional Reserves, and the Reserve Fund should progressively be rebuilt up to its statutory requirement of 10 percent of subscribed capital,
   UNANIMOUSLY DECIDED on 30 March 2009, using the written procedure provided for in Article 5 of the Bank’s Rules of Procedure, on a proposal from the Board of Directors, in accordance with Article 4(3) of the EIB’s Statute that:
   
               1.
            
            
               Additional Reserves of the Bank in the amount of EUR 5 379 241 000 shall be considered as free reserves;
            
         
               2.
            
            
               Of the free reserves, EUR 2 000 000 000 shall be transferred to a dedicated reserve to support SFF and similar undertakings;
            
         
               3.
            
            
               With effect from 1 April 2009, the capital of the Bank shall be increased as follows:
               
                           3.1.
                        
                        
                           The capital subscribed by the Member States shall be raised pro rata, from EUR 164 808 169 000 to EUR 232 392 989 000, so as to arrive at the following amounts (EUR):
                           
                                       Germany
                                    
                                    
                                       37 578 019 000
                                    
                                 
                                       France
                                    
                                    
                                       37 578 019 000
                                    
                                 
                                       Italy
                                    
                                    
                                       37 578 019 000
                                    
                                 
                                       United Kingdom
                                    
                                    
                                       37 578 019 000
                                    
                                 
                                       Spain
                                    
                                    
                                       22 546 811 500
                                    
                                 
                                       Belgium
                                    
                                    
                                       10 416 365 500
                                    
                                 
                                       Netherlands
                                    
                                    
                                       10 416 365 500
                                    
                                 
                                       Sweden
                                    
                                    
                                       6 910 226 000
                                    
                                 
                                       Denmark
                                    
                                    
                                       5 274 105 000
                                    
                                 
                                       Austria
                                    
                                    
                                       5 170 732 500
                                    
                                 
                                       Poland
                                    
                                    
                                       4 810 160 500
                                    
                                 
                                       Finland
                                    
                                    
                                       2 970 783 000
                                    
                                 
                                       Greece
                                    
                                    
                                       2 825 416 500
                                    
                                 
                                       Portugal
                                    
                                    
                                       1 820 820 000
                                    
                                 
                                       Czech Republic
                                    
                                    
                                       1 774 990 500
                                    
                                 
                                       Hungary
                                    
                                    
                                       1 679 222 000
                                    
                                 
                                       Ireland
                                    
                                    
                                       1 318 525 000
                                    
                                 
                                       Romania
                                    
                                    
                                       1 217 626 000
                                    
                                 
                                       Slovakia
                                    
                                    
                                       604 206 500
                                    
                                 
                                       Slovenia
                                    
                                    
                                       560 951 500
                                    
                                 
                                       Bulgaria
                                    
                                    
                                       410 217 500
                                    
                                 
                                       Lithuania
                                    
                                    
                                       351 981 000
                                    
                                 
                                       Luxembourg
                                    
                                    
                                       263 707 000
                                    
                                 
                                       Cyprus
                                    
                                    
                                       258 583 500
                                    
                                 
                                       Latvia
                                    
                                    
                                       214 805 000
                                    
                                 
                                       Estonia
                                    
                                    
                                       165 882 000
                                    
                                 
                                       Malta
                                    
                                    
                                       98 429 500
                                    
                                 
                     
                           3.2.
                        
                        
                           Of the free reserves, EUR 3 379 241 000 shall be transformed into paid-in capital by the way of transfer from the Bank’s Additional Reserves to its capital;
                        
                     
                           3.3.
                        
                        
                           This capital shall be deemed to be part of the subscribed and paid-in capital, so increasing the Bank’s paid-in capital from EUR 8 240 408 450 to EUR 11 619 649 450;
                        
                     
         CONSEQUENTLY
   
               3.4.
            
            
               The Bank’s Statute shall be amended. As from 1 April 2009, the first subparagraph of Article 4(1) of the Bank’s Statute shall read as follows:
               ‘The capital of the Bank shall be EUR 232 392 989 000, subscribed by the Member States as follows
               
                           Germany
                        
                        
                           37 578 019 000
                        
                     
                           France
                        
                        
                           37 578 019 000
                        
                     
                           Italy
                        
                        
                           37 578 019 000
                        
                     
                           United Kingdom
                        
                        
                           37 578 019 000
                        
                     
                           Spain
                        
                        
                           22 546 811 500
                        
                     
                           Belgium
                        
                        
                           10 416 365 500
                        
                     
                           Netherlands
                        
                        
                           10 416 365 500
                        
                     
                           Sweden
                        
                        
                           6 910 226 000
                        
                     
                           Denmark
                        
                        
                           5 274 105 000
                        
                     
                           Austria
                        
                        
                           5 170 732 500
                        
                     
                           Poland
                        
                        
                           4 810 160 500
                        
                     
                           Finland
                        
                        
                           2 970 783 000
                        
                     
                           Greece
                        
                        
                           2 825 416 500
                        
                     
                           Portugal
                        
                        
                           1 820 820 000
                        
                     
                           Czech Republic
                        
                        
                           1 774 990 500
                        
                     
                           Hungary
                        
                        
                           1 679 222 000
                        
                     
                           Ireland
                        
                        
                           1 318 525 000
                        
                     
                           Romania
                        
                        
                           1 217 626 000
                        
                     
                           Slovakia
                        
                        
                           604 206 500
                        
                     
                           Slovenia
                        
                        
                           560 951 500
                        
                     
                           Bulgaria
                        
                        
                           410 217 500
                        
                     
                           Lithuania
                        
                        
                           351 981 000
                        
                     
                           Luxembourg
                        
                        
                           263 707 000
                        
                     
                           Cyprus
                        
                        
                           258 583 500
                        
                     
                           Latvia
                        
                        
                           214 805 000
                        
                     
                           Estonia
                        
                        
                           165 882 000
                        
                     
                           Malta
                        
                        
                           98 429 500’
                        
                     
         
               4.
            
            
               This decision shall be published in the Official Journal of the European Union.
            
         
      
         
            For the Board of Governors
         
         
            The Chairman
         
         C. STAVRAKIS
         
            The Secretary
         
         A. QUEREJETA