Uninsured deposits at these smaller banks have also grown more rapidly than at larger banks – at average annual rates of 20.5 percent at the small banks versus 10.9 percent at the large banks, both on the same merger-adjusted basis. Clearly, small banks have a demonstrated skill and ability to compete for uninsured deposits.
We also believe that the World Bank Group will benefit from early adoption of those measures that already meet with broad consensus among its membership. With capital realignment being the most complex issue, we support the proposal to the Board to launch a more comprehensive shareholding structure review, setting the deadline at the 2011 Spring Meetings.