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k0ka [10]
3 years ago
13

What is Bank Run and why is it so important

History
2 answers:
storchak [24]3 years ago
5 0
A bank run is a phenomenon when many of a bank's depositors try to withdraw their funds at the same time due to fears of a bank failure
Digiron [165]3 years ago
4 0

Answer:

Explanation:

A bank run is an event in which bank customers try to withdraw more money from the bank than the bank can provide. Banks do not keep all customer deposits available in cash for immediate withdrawal. Instead, those assets are invested in loans and other types of investments.

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