Run on the Bank
- A bank run is the sudden withdrawal of deposits of just one bank.
- A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as a cascading failure.
- In a systemic banking crisis, all or almost all of the banking capital in a country is wiped out; this can result when regulators ignore systemic risks and spillover effects.
2008 - IMF - Systemic Banking Crises: A New Database - 80p