ESBG Paper on Basel II

12 December 2001

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In the opinion of the European Savings Banks Group (ESBG), current discussions on the revision of the Basel Capital Accord (‘Basel 2’) are still not sufficiently taking into account the requirements of regionally rooted, decentralised banks. At the current stage, credit institutions would face enormous difficulties to fully comply with the proposed framework. The Accord, presently, would:

increase complexity, bureaucracy and costs, in particular for smaller and medium-sized credit institutions, and, in the end,

restrict access to finance for small and medium-sized enterprises (SMEs).
It is for this reason, that the ESBG submits a list of core requirements to the international and European decision makers.

See full ESBG paper

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