Who is this that has a software that can stop a bank run?
There is only one bank that can survive a bank run. That's the Central Bank....Because they shall print the money and tell you to go on your way.
When you deposit 100 bob, the money is not kept in a safe.
It is lent out to someone else pronto. As in hapo hapo.
So from your 100 bob, Kamau is given 50, the bank is required by law to keep it in reserve, lets assume its 20% (i don't know the kenyan amount) and the bank goes to buy another kaplot with the remaining 30 bob.
In actual sense, the only money that the bank has that is yours is 20 bob.
So imagine a rumor that a bank is closing down. Let's go withdraw our money.
All that the bank has is your 20 bob.
So in the evening after all the chocho media economics gurus have withdrawn their money, the bank can go and borrow from the other banks for the night.
In this case, the withdrawals were so much that they couldn't even borrow from the other banks and the CBK decided to stop the madness.
It is madness because the moment you allow a bank run on one bank, other banks are also going to be affected. You see what happened at Rafiki. Who knows what has happened to the other small banks?
There are two issues here and they are not mutually inclusive.
1. The management was not ethical probably illegally dummifying the numbers.
2. There was someone and some people who shouted FIRE in a theatre.
You know they are feeling guilty when they continuously say and want to prove that its not their fault.
This is not a political debate though. There is no debating or points of views in economics and math.
When everyone goes to take money from their bank on Monday, there is no bank that shall survive.
You may tell yourself that if you wish to, but its not true.
Thieves are not good people. Tumeelewana?