Impact of Current Financial Crisis On Banking Sector
Jahan Zeb
Research Paper (undergraduate) from the year 2009 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 3, University of Applied Sciences Aalen, language: English, abstract: Banks are thought to be central to business activity. But the banking sector faces some time severe crisis due to decline in credit and growth. The after effects of banking crisis are verydangerous. Therefore, when they experience financial distress or financial crisis, governments usually come to the rescue, offering emergency liquidity in the form of bailout programs.
