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ministry spokeswoman said.

German savings banks said the system will place unfair burdens on them. Germany's national wind down fund doesn't count the first 300m of a bank's liabilities in assessing dues.

Finance minister wants German small banks exempted from paying into fund

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in Berlin.

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bank regulation that weakens the substance of regionally active financial institutions in order to hedge the risks of major international Nike Lebron Black And Orange banks is neither appropriate nor fair," Georg Fahrenschon, president of the DSGV savings banks' association, said.

Negotiators have to hammer out rules for how much banks will have to pay to fill up the fund after EU politicians agreed on legislation to create a single agency to handle failing eurozone banks.

Germany's position is that small, low risk banks must be burdened less than large banks, a finance Nike Kyrie Ii Black/Crimson

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The finance ministry paper seeks to contrast the risks associated with large banks with those related to Germany's savings and co operative banks, saying that a bank's size "should be the main risk indicator" for financial stability.

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Wolfgang Schuble, the German finance minister, has been lobbying for his country's smaller lenders to be exempted from paying into Europe's 55bn bank resolution fund, government documents show.

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The Association of German Banks, the lobby of private banks, said it favours making all banks pay into the fund.

The German government is siding with savings banks, the country's biggest source of credit, as they object to bailing out failed lenders, while larger commercial banks say everyone in the industry must pay.

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The finance ministry told the European Commission that banks with liabilities of less than 500m should be granted "lump sum exemptions" from contributions to the planned Single Resolution Fund, according to the two page ministry position paper, dated February 24, that was circulated to politicians Nike Zoom Hyperrev 2015 Premium

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