This paper shows empirically that banks are also vulnerable to run-like behavior from borrowers who delay their loan repayments (default). Firms in Italy.
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Formal Letter to Bank Manager for Repayment of Loan Posted on February 14, 2017 by sara mathur 2 comments If you have taken loan from your bank then repayment is a big responsibility.
Each creditor bank was repaid a proportion of the outstanding debt, according to the sources. The former Etisalat fell into crisis when it defaulted on a loan repayment scheme to the tune of $1.2bn.