Put simply, state-owned banks plying state-owned companies with loans isn't entirely beneficial for the state itself.

简单来说，国有银行不断向国企大规模放贷对中国来说不是完全有益的。

youdao

State-owned banks are flooding the industry with loans at considerably lower interest rates than available in Europe or the United States.

国有银行正以大大低于欧洲或美国的现有利率大量提供贷款。

youdao

But it is also because the conservative culture of many state Banks is ill-suited to foreign takeovers, and because many customers would prefer to deal with a privately owned bank.

但是国有银行的文化对海外收购不合适以及顾客更希望与私有银行交易也是其原因。

youdao

SOEs have little chance of becoming competitive if they continue to be drip-fed with loans from state-owned banks that they have scant chance of repaying.

ECONOMIST: The other China

The evidence confirms that countries with the highest proportion of state-owned banks have the highest bank operating costs and the largest proportion of non-performing loans.

ECONOMIST: Shipbuilding

His hasty mass-privatisation programme, which made ordinary Czechs the formal owners of most enterprises but gave control to state-owned banks with no interest in improving them, created a crisis that culminated in a humiliating devaluation of the currency in May last year.

ECONOMIST: Czech Republic