Ireland has fulfilled these conditions because it has paid its initial subscriptions and has also deposited its instrument of ratification of the Bank Agreement with the United Nations, the statutory depositary. It also initially deposited with the Secretary General of the Bank Group, the instrument of acceptance of the Fund Agreement. The African Development Bank was created in 1964. Its authorized capital is subscribed by 81 member countries, including 54 African countries (regional members) and 27 non-African countries (non-regional members).