 | This article may lack focus or may be about more than one topic. In particular, state banks in the US or Australian context should not be dealt with in the same article as public banks or central banks. The article does not refer to a single concept and is redundant with the disambiguation page of the same name. (July 2024) |
In Australia and the United States, a state bank in a federated state is usually a financial institution that is chartered by the government of that state, as opposed to one regulated at the federal or national level.
In British English, the term is more or less synonymous with the term "national bank",[1] which refers to any bank owned and operated by a government or state.[2]
- ^ "state bank". Cambridge Dictionary. 3 May 2023. Retrieved 9 May 2023.
- ^ "National bank definition and meaning". Collins English Dictionary. 8 May 2023. Retrieved 8 May 2023.