mslicia2012 mslicia2012
  • 02-11-2019
  • History
contestada

what is Bank Run and why is it so important

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sanaashraf2005 sanaashraf2005
  • 02-11-2019

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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alanadsmith
alanadsmith alanadsmith
  • 02-11-2019
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
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