Development Bank

The phrase development bank may refer to:

  • Community development banks fund low-income areas in the United States
  • International financial institutions conducting development-oriented finance on a bilateral or multilateral basis
  • Development finance institutions provide finance to the private sector for investments that promote development.

Famous quotes containing the words development and/or bank:

    “The development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.”
    —Karl Marx (1818–1883)

    “A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
    —Christina Stead (1902–1983)