Re:Show HN: Ranking of banks by their likelihood to collapse
by pulse7 on Sunday March 19, 2023 @05:01PM
(#35223575)
Many mutual and building societies (like German Schwäbisch Hall) have a "closed system": they don't borrow/lend the money from/to central bank and open marked, but only from/to their clients. Those are isolated islands, mostly independent from financial system are are immune to crisis happening outside of their closed system...
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