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Failing or likely to fail: Authorities determine a bank as FOLTF, when no other supervisory or private sector intervention can restore it to viability. After a bank is determined FOLTF, the SRB initiates its resolution.
Failing or likely to fail: Authorities determine a bank as FOLTF, when no other supervisory or private sector intervention can restore it to viability. After a bank is determined FOLTF, the SRB initiates its resolution.