bank run

(redirected from Banking crisis)
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Related to Banking crisis: Financial crisis
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  • noun

Words related to bank run

the concerted action of depositors who try to withdraw their money from a bank because they think it will fail

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References in periodicals archive ?
The Single Resolution Board (SRB) was established after the euro zone banking crisis, which forced governments to use hundreds of billions of euros of taxpayer money to rescue failing banks.
The Economist wonders whether there is still risk of a banking crisis in Nigeria.
Georgiades declined comment on the specifics of the plan to compensate victims of the banking crisis, as the council had not seen its specifics.
The cumulative effect three years after a banking crisis is around -2%.
2] measures the change in the log-odds ratio of a banking crisis occurrence for a unit change in [X.
vulnerability to the impact of a banking crisis on the wider economy.
Moody's also highlights that while leverage may not be a robust forward looking indicator of such systemic crises, it could still indicate higher vulnerability to the impact of a banking crisis on the wider economy.
experience, primarily due to the previously noted fact that, under the definition applied by the authors, Canada has not had a banking crisis since 1840.
Laeven and Valencia (2010) define an occurrence of an episode of banking crisis if there are significant signs of financial distress in the banking system followed by significant banking policies as a response to mitigate the losses due to financial distress.
QUITO, Ecuador (AP) -- Ecuador's Supreme Court has sentenced in absentia former President Jamil Mahuad to 12 years in prison for misappropriating public funds during the country's late 1990s banking crisis.
In order to avoid another costly banking crisis, the Eurozone decided to move ahead with a banking union.
The much-expected vote in the European Parliament's Committee on Economic and Monetary Affairs (ECON) on the report by Gunnar Hokmark (EPP, Sweden) on the draft directive on the resolution of the banking crisis is scheduled to take place on 24 April.
Summary: NICOSIA - Cyprus's stock exchange may resume limited trading on April 2 after closing for more than two weeks as the country faced a banking crisis and ejection from the euro, chief executive officer Nondas Metaxas said.
However, after the Cyprus banking crisis, which is by no means over or indeed the last national banking crisis, I fear, the cost of money being safe is now more important.
NEW Barclays boss Sir David Walker has suggested the banking crisis was down to customers wanting free accounts, rather than poor management and sky-high bonuses (Mirror, August 13).
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