Contemporary banking crises do not see a decrease in bank deposits or credit, but the growth of both slows down significantly. After a crisis, the economy starts to recover in the second year, not due to increased credit but because banks shift their assets away from loans. This shows that protecting deposits during a crisis may not be enough to maintain bank credit, as banks may be hesitant to lend due to lack of collateral and risky borrowers. However, supporting bank credit immediately after a crisis may not be crucial for economic recovery, as the economy can bounce back without it, especially if there is unused capacity.