7. Recalls that small and micro enterprises, especially in the agricultural sector, need adequate financing to preserve existing jobs and create new ones; encourages developing countries to promote saving and credit access, via micro-credit, micro-insurance and innovative credit agents, such as rural post offices or m-banking;

‘1a. Taking into account the nature, scale and complexity of the activities of the institutions supervised, Member States shall ensure that the competent authorities monitor the adequacy of the institutions’ credit assessment processes, assess the use of references to credit ratings issued by credit rating agencies as defined in Article 3(1)(b) of Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies , in their investment policies and, where appropriate, encourage mit ...[+++]igation of the impact of such references, with a view to reducing sole and mechanistic reliance on such credit ratings.

Kosovo’s Banking and Payments Authority has overseen the establishment of a vibrant financial sector: there are now six banks (two international, four local), ten savings and credit associations, twelve micro-finance institutions and eight insurance companies operating in Kosovo.

40. Notes that a number of essential issues relating to the purchase of the WIC and SDM buildings in Strasbourg have not as yet been adequately clarified or justified; expects that, should negotiations be resumed, the final package agreed upon should give value for money to the Institution; decides, pending the outcome of these negotiations, not to enter EUR 50 000 000 under Item 2003, and to transfer this amount to a building reserve to be created under Title 10 (Chapter 10 5 -"Provisional appropriation for buildings" ); decides, consequently, to delete Item 2009 ("Provisional appropriation to cover the institution's property investm ...[+++]ents" ); the funds put in reserve will be released once a set of conditions to be formulated has been satisfied; requests that the criteria for the release of the reserve be agreed with the relevant committee; expects that by 1 September 2006 the Bureau will come back with concrete proposals on this matter;

On one side there are the big investment banks; on the other, the smaller banks, the savings banks and cooperative banks.

1a. Taking into account the nature, scale and complexity of the activities of the institutions supervised, Member States shall ensure that the competent authorities monitor the adequacy of the institutions’ credit assessment processes, assess the use of references to credit ratings issued by credit rating agencies as defined in Article 3(1)(b) of Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies , in their investment policies and, where appropriate, encourage miti ...[+++]gation of the impact of such references, with a view to reducing sole and mechanistic reliance on such credit ratings.