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Public bank

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A public bank is a bank, a financial institution, in which a state or public actors are the owners. It is a company under state control.[1]

Public or 'state-owned' banks proliferated globally in the late 19th and early 20th centuries as vital agents of industrialisation in capitalist and socialist countries alike; as late as 2012, state banks still owned and controlled up to 25 per cent of total global banking assets.[2]

Public banks by States

Argentina

Brazil

Chile

France

Germany

Iceland

Italy

Malaysia

Norway

Portugal

Russia

Spain

U.S.

See also

References

  1. ^ Banque publique : une entreprise bancaire qui dépend de l’État - ComprendreChoisir.com
  2. ^ Marois, Thomas (2016). "State-Owned Banks and Development: Dispelling Mainstream Myths". Handbook of Research on Comparative Economic Development Perspectives on Europe and the MENA Region: 52–72.