Details of bank failures, near failures, and significant incidents were presented in the previous chapters. This chapter summarizes the data, revealing some interesting patterns; it is divided into three parts: Failures and Near Failures, Resolutions, and Significant Incidents. In order to avoid repetition, but at the same time glean the important insights, selected summary data are presented in tabular form.
Table 4.1 provides a summary of the foreign bank failures and near failures that were examined in this survey. The banks are divided into small, medium, and large sizes. What constitutes small, medium, or large is a matter of judgment based on interpretation of available data. What is large in one country may be medium size in another. With this in mind, the data reveal that most failures were small banks. As noted previously in the survey, many small bank failures were not reported because they lacked macroeconomic or financial significance, except for their numbers. Nevertheless, the data do suggest that small banks are more vulnerable to failure than large banks. When they do fail, they