Prior to the crisis, the banking systems were often inadequately supervised and were prone to incurring excessive maturity mismatch risks by borrowing short-term funds to finance long-term investments.

• 在危机爆发前,银行体系往往监管不足,而且因为以短期借贷来提供长期投资所需资金,所以也很容易引致过量的期限错配风险。