What does it mean when a bank is failing or likely to fail? #FOLTF #AcronymWednesday

1)No supervisory or private sector intervention can restore the bank to viability in time
2)Financial stability and public interest are threatened

Learn more: https://bit.ly/3RGXJsD

🐦🔗: https://nitter.eu/EU_SRB/status/1554814889868279814