Can A Bank To Go Bankrupt In Times Of Crisis? |
|
|
|
|
Apr 28 2009, 01:15 PM
|
New MoneyMaker

Group: Member
Posts: 9
Joined: 28-April 09
Member No.: 169,452

|
In the middle of the chaos bankruptcies of banks is more topical and deeply concerned, and rightly so, to many investors and savers. Now that many savers and investors will ask is: Could my bank to go bankrupt in the coming months? Could we lose the money we have deposited? The answer in these cases is uncertain, even onshore banks do not guarantee the protection of the angel investors ...
|
|
|
|
|
|
|
|
May 18 2009, 03:09 AM
|
New MoneyMaker

Group: Member
Posts: 24
Joined: 1-April 09
Member No.: 167,256

|
It's hard to predict what tragic things would arise at this time. It is not impossible to happen. We can never be sure, anything can happen.
|
|
|
|
|
|
|
|
May 18 2009, 04:29 AM
|
MMG Addict

Group: Admin
Posts: 7,266
Joined: 28-June 08
From: UK
Member No.: 145,079

|
QUOTE (pattibox @ Apr 28 2009, 09:15 PM)  In the middle of the chaos bankruptcies of banks is more topical and deeply concerned, and rightly so, to many investors and savers. Now that many savers and investors will ask is: Could my bank to go bankrupt in the coming months? Could we lose the money we have deposited? The answer in these cases is uncertain, even onshore banks do not guarantee the protection of the angel investors ... Some governments guarantee deposits up to certain amounts if any bank goes bust.
--------------------
|
|
|
|
|
|
|
|
May 20 2009, 02:10 PM
|
Multiple Usernames

Group: Banned
Posts: 1,476
Joined: 9-January 08
From: Ohio, United States
Member No.: 130,606

|
QUOTE (davidbutton @ May 18 2009, 05:58 AM)  It is currently difficult to predict the safety of a bank. The instability does not guarantee anything. Depend on governments to provide protection to their respective banks. I know that in New Zealand, Seychelles and other governments use better protection plans for their banks because they are tax free. The short answer is yes it can happen, absolutely. Will it happen in advanced countries like the UK or U.S., at least with major commercial banks probably not.
--------------------
|
|
|
|
|
|
|
|
May 22 2009, 10:13 PM
|
MMG Addict

Group: Admin
Posts: 7,266
Joined: 28-June 08
From: UK
Member No.: 145,079

|
I`m sure I remember one of the smaller, more provincial, banks going under quite a few years ago in the US.
--------------------
|
|
|
|
|
|
|
|
May 22 2009, 11:21 PM
|
MMG Addict

Group: Admin
Posts: 7,266
Joined: 28-June 08
From: UK
Member No.: 145,079

|
And we have to remember one of the very biggest, Lehman Bros, went bankrupt.
--------------------
|
|
|
|
|
|
|
|
Jun 7 2009, 01:39 AM
|
New MoneyMaker

Group: Member
Posts: 14
Joined: 17-April 09
Member No.: 168,680

|
No want know what will happen. But you must do some research before you joined any banking. All the best
--------------------
|
|
|
|
|
|
|
|
Apr 28 2010, 03:08 PM
|
New MoneyMaker

Group: Member
Posts: 24
Joined: 13-April 10
Member No.: 207,966

|
Banks will survive the latest financial crisis and based on experience, they might not become bankrupt, not at least dozens of them. You know, good news have already begun to hear and the concerns are going to be eased soon. Perhaps a good idea is trying out the banks operating in other countries or using the ones having international presence. I think the local banks might be more vulnerable to the crisis than the ones having several global branches and sections.
--------------------
|
|
|
|
|
|
|
|
Apr 26 2013, 07:46 PM
|
New MoneyMaker

Group: Member
Posts: 16
Joined: 22-October 06
Member No.: 77,159

|
QUOTE (salenacaitlyn @ Apr 28 2010, 04:08 PM)  Banks will survive the latest financial crisis and based on experience, they might not become bankrupt, not at least dozens of them. You know, good news have already begun to hear and the concerns are going to be eased soon. Perhaps a good idea is trying out the banks operating in other countries or using the ones having international presence. I think the local banks might be more vulnerable to the crisis than the ones having several global branches and sections. yes. Cyprus near example financial crisis
--------------------
This signature has been edited by MMG Staff. Please view our signature guidelines found here.
|
|
|
|
|
|
|
  |
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:
|
FEATURED AD - NEW STATIC AD
Advertise on MMG Today!
|