Public bank
Appearance
Part of a series on financial services |
Banking |
---|
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
- La Banque Postale (Created on January 1, 2006 through the transfer of financial services of La Poste)
- Caisse des Depots et Consignations
- Crédit Municipal de Paris
Germany
Iceland
Italy
- Tavola Pecuniaria, first historical model of the system of public banks (XV century)
- Banca d'Italia [citation needed]
Malaysia
Norway
Portugal
Russia
Spain
U.S.
See also
References
- ^ Banque publique : une entreprise bancaire qui dépend de l’État - ComprendreChoisir.com
- ^ 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.