A State-Owned Bank is a financial institution that is owned and operated by the government. Its primary purpose is to provide banking services to the public and support economic development. These banks often focus on lending to sectors that may be underserved by private banks, such as small businesses or agriculture. State-owned banks can also play a crucial role in implementing government policies, such as promoting financial inclusion or stabilizing the economy during financial crises. Examples of state-owned banks include the Bank of China and the State Bank of India, which serve as important tools for national economic strategy.