NCBs

Examples

Article 28.5 of the ESCB Statute The euro area NCBs were required to pay their respective subscriptions to the ECB's capital in full. Source: Internet

All national central banks (NCBs) that own a share of the ECB capital stock as of 1 January 2015 are listed below. Source: Internet

Article 28.4 of the ESCB Statute The NCBs are the sole subscribers to and holders of the capital of the ECB. Source: Internet

In practice, the ECB's banknotes are put into circulation by the NCBs, thereby incurring matching liabilities vis-à-vis the ECB. Source: Internet

The NCBs of the non-participating countries have had to pay 7% of their respective subscriptions to the ECB's capital as a contribution to the operational costs of the ECB. Source: Internet

Eurosystem NCBs are required to accept euro banknotes put into circulation by other Eurosystem members and these banknotes are not repatriated. Source: Internet