bank run


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Noun1.bank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will failbank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will fail
bank withdrawal - the withdrawal of money from your account at a bank
References in periodicals archive ?
However, to the best of our knowledge, there is no empirical study focusing on the determinants of bank vulnerability to a bank run.
Kordovska, employed by the Banking Supervision department since 1992, made headlines in the days around last year's crisis at collapsed Corporate Commercial Bank (KTB) amid allegations she had been aware of the forthcoming developments and withdrew her assets from her own account there just before a bank run prompted the BNB to place the bank under special supervision.
Oman's State General Reserve Fund owned a 30 per cent stake in the Balkan country's fourth-biggest lender, which collapsed due to a bank run and shut down by the central bank.
But there would be a nationwide bank run if they reopened the banks without strict limits on cash withdrawals and transfers overseas.
But there would certainly be a nationwide bank run if they reopened the banks without strict limits on cash withdrawals and transfers overseas.
The cash-strapped lenders have been closed since Saturday, when Cyprus said it would raid personal bank deposits to help fund its international bailout package to avoid a bank run.
In this regard, the risk of a bank run elsewhere in the Eurozone, especially southern Europe, remains a risk.
Fear of a bank run has led the government, which is led by Nicos Anastasiades, to keep banks closed until at least Thursday.
As a result, a panic-based bank run is self-fulfilling even in the absence of uncertainty about fundamentals and is not efficient.
Asked about a potential bank run, Draghi said: "We will avoid bank runs from solvent banks.
BANKING AND CREDIT NEWS-October 13, 2011--BMO, Toronto-Dominion Bank run CAD200m debt offer of AltaGas(C)2011 M2 COMMUNICATIONS http://www.
They also find that the damage of a bank run can be severe and long-lasting as the bank's overall deposit balance did not recover even six months after the run.