state bank
nounDefinition of state bank
1
: central bank
2
: a bank chartered by and operating under the laws of a state of the U.S.
Examples of state bank in a Sentence
Recent Examples on the Web
By pushing up interbank borrowing costs, the campaign has squeezed smaller lenders but benefited the Big Four and other large state banks, which have vast retail deposits to lend to their smaller brethren. — WSJ, "ICBC, World’s Biggest Bank, Posts 4.9% Net-Profit Rise," 30 Aug. 2018 The check, it was found, was deposited into an out-of-state bank account. — cleveland.com, "Unruly girlfriend removed from man’s apartment: Beachwood police blotter," 13 Aug. 2019 The purchase gives control of a major U.S. logistics network to a company that’s financed by Chinese state banks and whose principal ally is the logistics arm of the Chinese navy. — Christopher R. O'dea, National Review, "How China Weaponized the Global Supply Chain," 20 June 2019 China was one of Kazakhstan’s top investors last year, and people close to the government say loans from Chinese state banks and lending institutions to the Kazakh state have skyrocketed to tens of billions of dollars. — Thomas Grove, WSJ, "A Spy Case Exposes China’s Power Play in Central Asia," 10 July 2019 In 2015, a Chinese state bank injected more than $1 billion into CMA CGM, in a deal that included an undisclosed strategic investment in the company and required CMA CGM to buy ships and containers from Chinese suppliers. — Christopher R. O'dea, National Review, "How China Weaponized the Global Supply Chain," 20 June 2019 Under terms of the subsidy program, smaller cities borrowed extensively from state banks to tear down dilapidated housing and give money to villagers to buy newer homes. — Dominique Fong, WSJ, "China’s Property Market, Once a Lifeline, Now Carries Economic Risks," 16 Feb. 2019 The nation’s housing market teeters on a mountain of debt, and low-interest loans from state banks have built overcapacity in many industries. — Steven Lee Myers, The Seattle Times, "Trump’s trade spat is rattling China’s leaders and economy," 14 Aug. 2018 The run of bad news resumed at India’s state banks. — The Economist, "Business this week," 15 Feb. 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'state bank.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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