Tuesday, July 29, 2008

Bank running..

Bank run has already befall in United State. It's a question of time when will it going to affect our banking system ,as always the character of the leading global players economy will direly affect other supporting economical small country.

You can read this article if you would like to gain more knowledge regarding the concept of bank run aforementioned.

If I'm not mistaken, please correct me if I'm wrong, dated few days back I remember I read the local news reporting some bank has stop giving out loans to small-medium enterprise(SME) company which might result impeding the SME from growing or worst crippling them.

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