... assess whether the behavior of the variables of interest changes following a banking crisis compared to the pre -crisis period, we examine whether in the crisis year and in each of the three aftermath ... reports of significant depositor runs, at the level of non-performing loans (at the peak of the crisis) , and at the costs of the bailout The baseline sample for the present study includes 36 banking ... Korea,Malaysia, andthe Philippinesin 1998 .In Thailand,large banks benefitingfrom deposit flight from small banks in the immediateaftermathof the crisis increasedtheir liquidityinstead of expandingtheir loan...