Run on the Bank

  • A bank run is the sudden withdrawal of deposits of just one bank.
  • 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.[2]

2008 - IMF - Systemic Banking Crises: A New Database - 80p