Factors affecting sensitivity of Slovak commercial banks to run on banks

The aim of this paper is to find out the worst-case scenario for individual banks from the Slovak banking sector and to find out determinants of their sensitivity to the bank run in the period from 2000 to 2014. We used a liquid asset ratio and a stressed value of this ratio to assess the sensitivity of banks to a bank run. This sensitivity strongly increased in the second half of the analyzed period. The ability of individual Slovak banks to survive an unforeseen deposit withdrawal significantly differs. Two bank specific (profitability and lending activity of the bank) and two macroeconomic (interest rate on interbank transaction and unemployment rate) factors have the most important influence on the sensitivity of Slovak banks to a possible bank run.