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:

    “I’ve always been impressed by the different paths babies take in their physical development on the way to walking. It’s rare to see a behavior that starts out with such wide natural variation, yet becomes so uniform after only a few months.”
    —Lawrence Kutner (20th century)

    “A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
    —William Booth (1829–1912)