Germany clears way for new bank rules

GERMANY - The major remaining barrier to a global shake-up of bank reserves has been removed after the German government agreed to a politically-sensitive compromise over lending to small companies.

Negotiations over Basle II, a rewrite of the rules governing how much capital banks must set aside against loans, were caught up in the German election campaign amid fears that the country's Mittelstand - small businesses - would be hit by a credit crunch.

But a meeting next week of central bankers

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: