For example, we thought it would be very important to accommodate the diversity of business models of banks in the European market place. In our deliberations we considered two avenues as possible ways forward. In the two avenues we put different emphasis on the most promising measures to end the too-big-to-fail problem; capital requirements, resolution regimes, and structural reform.
With respect to the Banks’ responsibility of reigning in inflation by managing banking system liquidity and credit expansion, there is the related need for banks to encourage financial saving. It is well known that bank lending and investment which are a basis for the country’s development cannot increase without attracting a faster rate of accumulating savings.