state bank

American  

noun

1. a bank chartered by a state and operated under the banking laws of that state.

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state bank British  

noun

1. (in the US) a commercial bank incorporated under a State charter and not required to be a member of the Federal Reserve System Compare national bank

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Etymology

Origin of state bank

An Americanism dating back to 1805–15

Example Sentences

China has implemented a fragmented, administrative stimulus approach, channeling support through local governments, state banks, and state-owned enterprises.

From Barron's

That size, along with the amount of control Beijing exerts over state banks, gives it unique capabilities.

From BBC

The Second Bank of the U.S. would stabilize currency and backstop riskier state banks.

From The Wall Street Journal

In Iran, Chinese infrastructure projects tend to be huge state-directed endeavors, including airports, refineries and transport projects, managed by China’s largest state banks and engineering groups.

From The Wall Street Journal

Donors would buy bonds from the state bank anonymously and then pass them on to politicians.

From New York Times