Meanwhile, we can conclude that the narrow-bank concept is more befitting the banking domain and has been proven to endure during a crisis. The selection of a bank business model determines the resilience of the banking sector.
During the current crisis and the catastrophic crisis of 11 (eleven) years ago, we can clearly observe that banking sector resilience is the main line of national defense against financial turbulence. Allow me briefly to draw one more important lesson from the ongoing crisis.