state bank

noun

Definition of state 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

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. 2018 An anonymous executive at a Russian state bank claims the Kremlin oversaw the creation of the petro after President Vladimir Putin signed off on it last year. Sam Webb, Fox News, "Iran, North Korea and Venezuela turning to cryptocurrency to bypass US sanctions, experts warn," 7 Sep. 2018 Photo: Chip Somodevilla/Getty Images Beijing is counting on such firms to become global leaders in semiconductors, electric vehicles, robotics and other high-technology sectors and is funding them through subsidies and financing from state banks. Bob Davis, WSJ, "When the World Opened the Gates of China," 27 July 2018 With more than two months into the fiscal year, the continued lack of appetite from state banks and foreigners is starting to weigh. Subhadip Sircar, Bloomberg.com, "India Seeks to Jump Start Debt Demand Again as Borrowings Loom," 18 June 2018 Private bankers said Otkritie should have been sold off in pieces instead of becoming yet another state bank. Anatoly Kurmanaev, WSJ, "Putin’s Unlikely Ally in His Standoff With the West: His Central Banker," 20 Aug. 2018

These 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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First Known Use of state bank

1702, in the meaning defined at sense 1

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Last Updated

23 Jun 2019

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Time Traveler for state bank

The first known use of state bank was in 1702

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More Definitions for state bank

state bank

Legal Definition of state bank

see bank

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Rhyming Dictionary: Words that rhyme with state bank

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