Betekenis van:
bank run
bank run
Zelfstandig naamwoord
- the concerted action of depositors who try to withdraw their money from a bank because they think it will fail
Hyperoniemen
Werkwoord
Voorbeeldzinnen
- I've got to run to the bank.
- The bank was run by private citizens.
- I'm just going to run down to the bank.
- If you run out of cash, you can fall back on your savings in the bank.
- A run on the bank had started, creating a major danger for the liquidity of the bank.
- Even in the BAWAG case, where the bank was confronted with a bank run after management fraud, deposit withdrawals were limited to 20-30 %.
- In itself, this ‘bank run’, leading to reduced market shares for BAWAG-PSK, is regarded by Austria as a mitigating measure.
- The Commission also drew attention to the fact that the ‘bank run’ in the period September 2005 until June 2006 may not be comparable to a mitigating measure, in the meaning of the guidelines.
- While this ‘bank run’ may not be fully comparable to a compensation measure in the meaning of the guidelines, it considerably reduced the most important refinancing source for BAWAG-PSK.
- The Depositors’ Guarantee is a guarantee that was issued by CNB upon the imposition of forced administration on AGB on 17 September 1996 towards the creditors and depositors of AGB in order to avoid a run on the bank.
- Concerning the loss of market share as a result of the ‘bank run’, Austria is of the view that the reduction of sight deposits and savings deposits of around EUR […] billion from the end of September 2005 until June 2006 already considerably weakened the market position of the Bank.
- Concerning the loss of market share as a result of the ‘bank run’, Austria is of the view that the reduction of sight deposits and savings deposits of around EUR […] billion from the end of September 2005 until June 2006 already considerably weakened the market position of the Bank. As the result of ‘mass hysteria’ triggered by media reports, BAWAG-PSK had no chance to hinder the collapse of its savings deposit business.
- Moreover, by the time of the sale of AGB1 in June 1998 CNB’s potential financial exposure resulting from the Depositors’ Guarantee (granted on 17 September 1996) was negligible since the likelihood of a run on the bank was minimal since the imposition of forced administration on AGB dated back already almost two years.
- Austria argued that, with regard to compensations to offset possible distortion effects already incurred market share losses as a result of the ‘bank run’, the regulation on the use of payment under the Guarantee Agreement and the possible effect of compensation measures on the banking sector in Austria would be of major importance.
- According to WestLB, the question of whether the bank generated average profits in the years before the transfer can, in principle, remain unanswered if a fixed and appropriate remuneration is agreed and if profitability is sufficient to maintain this remuneration in the long run.