Banking Crisis: Difference between revisions
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== Definition == | == Definition == | ||
'''Banking Crisis''' denotes a situation where adverse events linked directly or indirectly to the banking sector lead to withdrawal of deposits and other indications of reduced confidence by the bank's clients that the bank(s) can honour its liabilities | '''Banking Crisis''' denotes a situation where adverse events linked directly or indirectly to the banking sector lead to withdrawal of deposits and other indications of reduced confidence by the bank's clients that the bank(s) can honour its liabilities | ||
[[Category:Historical Events]] | |||
Latest revision as of 15:05, 9 June 2024
Definition
Banking Crisis denotes a situation where adverse events linked directly or indirectly to the banking sector lead to withdrawal of deposits and other indications of reduced confidence by the bank's clients that the bank(s) can honour its liabilities
