Category Archives: Public Banking Institute

How could a publicly-owned bank help an economically struggling state?

Among other things, publicly owned banks offer counter-cyclical relief by (1) issuing badly needed credit at low, or no, cost to the state, thus providing a means of revitalizing infrastructure and other services that are now endangered (according to studies, … Continue reading

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How would a publicly-owned bank be different from a privately-owned one?

First, the mission of the publicly-owned bank is to serve the public interest, while that of the privately-owned bank is to serve its shareholders by delivering profits. Second, the profits of the publicly-owned bank would be returned to the public, … Continue reading

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What are publicly-owned banks? Why do we need them?

Public banks are financial institutions owned by government entities, such as cities, states, and nations. The initial capital for a public bank often comes from a government appropriation or the proceeds of a loan arranged for the purpose of making … Continue reading

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Public Banking Institute – Banking in the Public Interest

PBI Journal is Published! Welcome to the first issue of the Public Banking Institute Journal. We have searched to find the most well-researched and well-written articles in the field.The United States has few publicly-owned banks and little technical literature on … Continue reading

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