This means that if a bank fails, the consequences in terms of losses to its creditors are likely to be much greater than would be the case if a non-financial business were to fail.
Furthermore, the creditors of a bank are mostly the general public who have deposited their savings in the bank, whereas the creditors of a non-financial business are mostly other types of businesses, including financial institutions. Hence the social consequences of a bank failure are much more serious than those of a non-financial business.