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Book is a research work of the author Ghulam Mujtaba and Fouziya G Mustafa attempt to find out the effect of global recession on banking crises. The book will definitely help the students and the banking industry management to know the factors responsible that effect of global recession on banking crises. The aim of the proposed study to explore the real effect of banking crises in global recession and the recent impact of financial crises on the financial institution in the developing countries like Pakistan. The global financial crises set off by the sub-prime credit crises in the USA, which resulted the destabilized, the financial markets of the developed world. Banking crises are also usually followed by low GDP growth. I take this opportunity to thank Almighyht Allha, guideline of The Holy Quraan & all family members, teachers specially to my sister Fouziya G Mustafa for continues help and support to made it possible for professionals and students.