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31999Y0831(01)


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Information from the European Investment Bank - Increase of the Bank's Capital

 Official Journal C 247 , 31/08/1999 P. 0006 - 0006

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INCREASE OF THE BANK'S CAPITAL

(1999/C 247/05)

1. On 5 June 1998 the Board of Governors of the European Investment Bank decided by unanimity, pursuant to Article 4(1), second subparagraph, Article 4(3) and Article 5(2) of the Bank's Statute, to increase the Bank's capital to EUR 100 billion (OJ C 269, 28.8.1998, p. 9; OJ L 21, 28.1.1999, p. 26).

2. In accordance with that decision, of the total amount of EUR 100 billion, EUR 95549597250 became effective as from 1 January 1999, while the remainder awaited the formal completion of parliamentary procedures at the relevant national level and was due to become effective, retroactively as from 1 January 1999, as soon as these procedures have become completed (OJ L 21, 28.1.1999, p. 26).

3. On 28 June 1999, the Bank received notification of the completion of the abovementioned parliamentary procedures. Thus, the remainder of the capital increase has become effective retroactively as stated above.

4. As a result, the Bank's capital amounts to EUR 100 billion as from 1 January 1999.

5. This notice is published as a matter of record only.

President

Sir Brian UNWIN

Secretary General

F. A. W. CARPENTER

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