Mr. Bank Regulator: Is a job in a triple-A rated company worth more for the society than a job in an unrated small business?

Currently, by your actions, you clearly respond “Yes!” to that question. 

The fact is that with your capital requirements for banks based on perceived risks, you make the access to bank credit for an unrated small business, much more difficult and expensive than what it would otherwise be, and that of a triple-A rated company, one of yours "The Infallible", so much easier and cheaper than what it would also otherwise be. 

It just makes no sense and completely distorts the economic resource allocation function of our banks. 

It is “The Risky”, small businesses and entrepreneurs who are most in need of access to bank credit on fair market terms, and it is also they who stand the greatest chance of coming up with the next generations of jobs. 

Also, why does a bank have to have more capital when lending to a small business that creates a private sector job than when lending to a government in order to create a public sector job? 

Mr. Bank Regulator, if I was a young European with poor future employment prospects, I would be kicking your but, as much as I could. Your regulatory discrimination in favor of “The Infallible” and against “The Risky” is just too odious.