The government should force all financial institutions to make use of the €20bn fund it set up earlier this month for companies hit by the credit crisis, says Peter Kok, financial director of insurance group Delta Lloyd.

If this is not done there is a danger that the financial sector will develop unevenly and confidence in banks and insurers that are strong enough not to need government aid will be weakened, says Kok.
His comments come in an interview with Wednesday’s Financieele Dagblad in which he gives his reaction to yesterday’s announcement that the government is to inject €3bn into sector peer Aegon.
US system
Kok wants the Netherlands to adopt the US system under which all banks get financial aid from the government. The finance ministry has dismissed the idea, the paper says.
Aegon’s share price fell 14% on a positive market when the government aid was made public.