The Central Bank of Estonia’s Supervisory Board decided to transfer one quarter of last year’s profit, EUR 18.5 million, to the state budget after the bank recorded a EUR 74 million profit for the year. The bank has allocated a total of EUR 192 million from its profits to the state budget since 1992. The Supervisory Board also reaffirmed a long-term approach to ensuring the central bank’s capital buffers remain sufficient to carry out its tasks, with an objective to raise capital reserves over time to the average relative level of euro area central banks. At end-2024, this implied increasing the required level of capital buffers from EUR 715 million to around EUR 2.9 billion. The Supervisory Board approved the central bank’s annual report for last year and scheduled its next meeting for 29 April.
Central Bank of Estonia 2025-03-27
Central Bank of Estonia approves EUR 18.5 million profit transfer to the state budget and reiterates long-term capital buffer build-up
The Central Bank of Estonia's Supervisory Board transferred EUR 18.5 million, one quarter of last year's EUR 74 million profit, to the state budget. Since 1992, EUR 192 million has been allocated to the state budget. The Board aims to increase capital reserves to align with euro area central banks, raising capital buffers from EUR 715 million to approximately EUR 2.9 billion by end-2024.