ANNEX9 CO-OPERATION IN RESPECT OF DEVELOPMENT FINANCE INSTITUTIONS PREAMBLE The High Contracting Parties: RECALLING the provisions of Chapter Six of the Protocol which requires cooperation on development finance; RECOGNISING the increasing importance of the role played by development finance institutions in financing development in the Region and advancing productive capacity, thereby increasing economic growth and sustainable development, HEREBY AGREE as follows: ARTICLE 1 DEFINITIONS 1. In this Annex, terms and expressions defined in Article 1 of the Protocol shall bear the same meaning unless the context otherwise requires. 2. In this Annex, unless the context otherwise requires: "capital adequacy" means, in relation to a financial institution, the m1mmum capital requirements prescribed by the Central Bank of the State Party in whose territory that financial institution is situated and, in relation to a DFI in respect of which no such minimum capital requirements are so prescribed, the policy relating to minimum capital requirements to be developed by the Network, with the assistance of the Development Finance Resource Centre, which policy will set out the minimum requirements of capital to riskweighted assets for that OFI; "CEO" means, in relation to a DFI, the chief executive officer of the DFI; "credit rating" means, in relation to an entity or enterprise, as the case may be, the formal evaluation by a rating agency of the present and past financial performance, and credit history, of that entity or enterprise, as the case may be, including the ability of that entity or 81