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Naya [18.7K]
3 years ago
10

What is the bank crisis

History
1 answer:
Ede4ka [16]3 years ago
6 0
Banking crisis occurs when many banks in a country are in serious solvency or liquidity problems at the same time—either because there are all hit by the same outside shock or because failure in one bank or a group of banks spreads to other banks in the system.
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