2min chapter

The ECB Podcast cover image

Financial stability and bank runs

The ECB Podcast

CHAPTER

The Speed and Scale of Bank Runs

The speed and scale of these bank runs really stood out. But what exactly contributed to it? What was behind it? Well, the factors that are often cited as drivers include the share of insured deposits in the total. Insured depositors won't run. Electronic banking and the influence of social media in spreading information. That was something quite new, I'd say here, compared to 2008.

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