There have been two major bank 🏦 runs in Australian 🇦🇺 history;
Seems at least 2 major ones
1. The 1893 Banking Crisis: One of the most significant bank runs in Australia's history occurred during the 1890s depression. A number of banks faced liquidity problems, and several major institutions, such as the Commercial Bank of Australia, suspended payments. The crisis led to the collapse of 13 trading banks, which had profound effects on the economy.
2. The 1931 Bank Run: Another major bank run took place during the Great Depression. In April 1931, the Commonwealth Bank experienced a significant run, largely due to public fears about the stability of the banking system amidst the economic downturn.
Will we see a third?
Estudiar #Bitcoin