European Investment Bank (EIB): amendment of the Statute

PURPOSE: to amend the Statute of the European Investment Bank (EIB) with regard to the EIB capital increase subscribed by Poland and Romania.

LEGISLATIVE ACT: Council Decision (EU) 2019/1255 amending Protocol 5 on the Statute of the European Investment Bank

CONTENT: pursuant to this Decision amending Protocol No 5 on the Statute of the European Investment Bank:

- Poland's subscribed capital is increased by EUR 5 386 000 000 000 in accordance with its request;

- Romania's subscribed capital is increased by EUR 125 452 381 in accordance with its request.

The Bank now has a capital of EUR 248 795 606 881 subscribed by the Member States for (i) EUR 11 366 679 827 for Poland and (ii) EUR 1 639 379 073 for Romania.

In the context of those increases, the provisions on nomination of alternate members of the Board of Directors of the Bank by groups of Member States acting by common accord should also be amended.

APPLICATION: one month after the date on which Council Decision (EU) 2019/654 applies.