Capital & Shareholder structure

CAPITAL STRUCTURE

The Black Sea Trade and Development Bank initially had SDR 1 billion (EUR1.15 billion) of authorized share capital, comprising SDR 300 million paid-in and SDR 700 million callable;
A capital increase of SDR 2 billion (EUR 2.3 billion) was authorized by the Board of Governors in 2007. SDR 1 billion (EUR1.15 billion) was committed for subscription by the existing shareholders. This additional capital has the same 30% payable and 70% callable structure. The 30% payable portion is scheduled to be fully paid by the end of 2018.
As at 21st June 2013 the Bank’s capital was redenominated to EUR.
As at 31st December 2019: Authorized Capital was EUR 3.45 billion, Subscribed Capital EUR 2.29 billion and Paid in Capital EUR 686.6 million.