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RBA Glossary definition for solvent institutions

solvent institutions – Institutions that maintain solvency (i.e. they can meet their financial obligations as they fall due).

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Financial Crises and Currency Demand

31 Dec 2013 RDP 2013-01
Tom Cusbert and Thomas Rohling
An early crisis occurred in the 1890s, following a property boom associated with lowered lending standards at many financial institutions. ... Even solvent banks not exposed to the property market faced liquidity problems and became increasingly unable
https://www.rba.gov.au/publications/rdp/2013/2013-01/financial-crises-currency-demand.html