Recent Examples of state bank from the Web
California’s treasurer and attorney general plan to move forward with plans to create a state bank for the cannabis industry.
For instance, a recent study commissioned by Massachusetts' Legislature recommended against creating a state bank, finding that the project would cost billions of dollars and that depositing state funds in a public bank could put taxpayers at risk.
The opening of private banks or the sale of shares in state banks soon followed.
Until the creation of the courts last year, the murky process surrounding bad-debt sales left the heads of state banks vulnerable to accusations of wasting government money, or worse.
India’s efforts come as most of its state banks are struggling with extremely high levels of bad debts, which has dented their ability to make new loans.
As the Mensalão scandal was taking off, Moro finished presiding over an unsuccessful laundering case involving the state bank Banestado.
And, as a rash of online lenders mushroom to fill the void left by state banks that won’t lend to most consumers, regulators say a viable credit-scoring system is increasingly critical as a safeguard against the risk of widespread defaults.
Other companies, including Anbang Insurance Group, Fosun International, and the HNA Group, have also capitalized on cheap loans provided by state banks to snap up trophy assets.
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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