government tax and loan accounts with commercial banks

financing account

audited statement of the accounts

Federal Reserve | Federal Reserve System | Fed [Abbr.] | FRS [Abbr.]

It is the duty of the Clerk of the House to make and cause to be printed and delivered to each Member, at the commencement of every session of Parliament, a list of the reports or other periodical statements which it is the duty of any officer or department of the government, or any bank or other corporate body to make to the House, referring to the Act or resolution, and page of the volume of the laws or Journals wherein the same may be ordered; and placing under the name of each officer or corporation a list of reports or returns r ...[+++]equired to be made, and the time when the report or periodical statement may be expected.

It is the duty of the Clerk of the House to make and cause to be printed and delivered to each Member, at the commencement of every session of Parliament, a list of the reports or other periodical statements which it is the duty of any officer or department of the government, or any bank or other corporate body to make to the House, referring to the Act or resolution, and page of the volume of the laws or Journals wherein the same may be ordered; and placing under the name of each officer or corporation a list of reports or returns r ...[+++]equired to be made, and the time when the report or periodical statement may be expected.

3. Draws attention to the situation in many Member States, where commercial banks continue to attach unduly tough conditions to investment financing, notably for micro-businesses and SMEs, especially those set up by young people, thus preventing micro- and small entities, in particular, from receiving support; sees a need, therefore, for other sources of financing, particularly with a view to meeting SMEs’ credit requirements; stresses the importance of ex ante and ex post evaluation in the relevant legislation aimed at helping SMEs gain access to financing;

2. Welcomes the Commission’s suggestion that the availability of investment capital should be made less dependent on traditional commercial bank lending, which has proven to be crisis-prone; calls, furthermore, on the Commission and the Member States to speed up the promotion of the Banking Union, so that banks return to financing the real economy and facilitate private and public investment needs, taking into account the failure of many banks, recapitalised with public money, to afford finan ...[+++]cial assistance to SMEs and investments at regional and local level;