run on the bank - translation to English
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run on the bank - translation to English

BANKING CRISIS WHEN MANY CLIENTS WITHDRAW THEIR MONEY FROM A BANK, BECAUSE THEY BELIEVE THE BANK MAY CEASE TO FUNCTION IN THE NEAR FUTURE
Run on the bank; Banking crisis; Run on the banks; Banking panic; Bank panic; Bank runs; Systemic banking crisis; Systemic banking crises; Silent run; Bank crisis; Bank Insolvency; Bank crises; Run on a bank; Banking run
  • 10 [[livres tournois]] banknote issued by Banque Royale, France, 1720. In 1720, shareholders demanded cash payment, leading to a run on the bank and financial chaos in France. On display at the British Museum.
  • Bank run during the [[Great Depression]] in the United States, February 1933.
  • American Union Bank, New York City, April 26, 1932
  • Depositors clamor to withdraw their savings from a bank in Berlin, 13 July 1931
  • Bank Holiday in March 1933]] when there were massive bank runs across the United States.
  • A run on a [[Bank of East Asia]] branch in Hong Kong, caused by "malicious rumours" in 2008
  • A poster for the 1896 Broadway [[melodrama]] ''The War of Wealth'' depicts a 19th-century bank run in the U.S.

run on the bank         
losrennen zur Bank (zum Geld abheben)
bank run         
Bankenansturm (Massengeldabzug von den Banken als Panikreaktion)
on the run         
WIKIMEDIA DISAMBIGUATION PAGE
On the run; On the Run (song); On the Run (disambiguation); On The Run; On The Run Tour; On the Run (album); On the runs; On the Runs; On the Run Tour; On the Run (film)
auf der Flucht

Definition

on the run
1. escaping from arrest.
2. while running or moving.

Wikipedia

Bank run

A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a bank may acquire more cash from other banks or from the central bank, or limit the amount of cash customers may withdraw, either by a imposing a hard limit or by scheduling quick deliveries of cash, encouraging high-return term deposits to reduce on-demand withdrawals or suspending withdrawals altogether.

A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as people suddenly try to convert their threatened deposits into cash or try to get out of their domestic banking system altogether. A systemic banking crisis is one where all or almost all of the banking capital in a country is wiped out. The resulting chain of bankruptcies can cause a long economic recession as domestic businesses and consumers are starved of capital as the domestic banking system shuts down. According to former U.S. Federal Reserve chairman Ben Bernanke, the Great Depression was caused by the failure of the Federal Reserve System to prevent deflation, and much of the economic damage was caused directly by bank runs. The cost of cleaning up a systemic banking crisis can be huge, with fiscal costs averaging 13% of GDP and economic output losses averaging 20% of GDP for important crises from 1970 to 2007.

Several techniques have been used to try to prevent bank runs or mitigate their effects. They have included a higher reserve requirement (requiring banks to keep more of their reserves as cash), government bailouts of banks, supervision and regulation of commercial banks, the organization of central banks that act as a lender of last resort, the protection of deposit insurance systems such as the U.S. Federal Deposit Insurance Corporation, and after a run has started, a temporary suspension of withdrawals. These techniques do not always work: for example, even with deposit insurance, depositors may still be motivated by beliefs they may lack immediate access to deposits during a bank reorganization.

Examples of use of run on the bank
1. To all intents and purposes we are seeing a run on the bank.
2. Longer–term financing tools guard against a run on the bank in times of crisis.
3. It was facing the equivalent of a "run on the bank", one person said.
4. Executives moved quickly to prevent speculation from becoming a run on the bank.
5. Savers queue outside a Northern Rock branch during the ‘run‘ on the bank Read more...