EIB approves Brexit capital increase
The European Investment Bank's board of governors has approved a pro rata capital increase from European Union member states in preparation for the UK's exit from the EU, which will result in it losing membership of the EIB.
The capital increase will be effective from the date when the UK is expected to leave the EU, which is currently no later than October 31, 2019. The paid-in part of the capital increase will be financed from the EIB's reserves.
EIB has €21.7bn of paid-in capital and ...Please take a trial or subscribe to access this content.
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