The financial crisis undoubtedly had its tremendous negative impact upon the real sector on a national and global scale, as obvious from the number of company closures, business restructuring, shrink of production, and staff redundancies. It is therefore vital to assess the financial...

Liquidity is of great significance for the stability of credit institutions and the banking system as a whole. In normal circumstances, the capital adequacy of banks is determined as a key factor for stability. But, during economic crisis, the susceptibility of credit institutions to a shortage...