NEW YORK, March 13. /TASS/. The bankruptcy of the California-based Silicon Valley Bank (SVB) may entail a collapse of some other banks but the crisis is not likely to reach the scale of 2008 financial shocks, CEO of Navigator Principal Investors Kyle Shostak told TASS.

"The US banking system will be under the serious pressure of investors and regulators in coming days, which will be expressed in the drop of stocks of the majority of financial institutions having the top thirty ranking, feverish and often irrational deposits withdrawal by frightened clients, the review of bank ratings and the introduction of exterior supervision in banks with problems," Shostak said.

Banks with a model similar to SVB or having a huge quantity of technology, especially cryptocurrency corporate clients in the portfolio will face difficulties, the investor noted.

At the same time, the collapse of SVB will hardly become a repetition of 2008 developments and a long-term systemic crisis of the entire banking system is unlikely because the majority of the largest banks are well capitalized, Shostak noted. "Nevertheless, the regulator will have to labor hard to keep the system afloat," he added.