Systemically Important Bank: Difference between revisions
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Revision as of 08:09, 13 March 2022
(SIB).
A bank whose disorderly failure would, because of its:
(i) Size,
(ii) Complexity, and
(iii) Systemic interconnectedness
cause significant disruption to the wider financial system and to economic activity in its (main) country or region of operation.