they have a higher risk absorbing capacity than private actors since due to taxes make profit and hence more lea way to break even on an extended credit than private
They have a much higher risk-absorbing capacity than private actors, since they do not have to pay taxes and make profit, and hence have more lee-way to break even on an extended credit than private banks.
They have a higher risk-absorbing capacity than private actors, since do to taxes make profit, and hence more lee-way to break even on an extended credit than private