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:

    “To be sure, we have inherited abilities, but our development we owe to thousands of influences coming from the world around us from which we appropriate what we can and what is suitable to us.”
    —Johann Wolfgang Von Goethe (1749–1832)

    “I have passed down the river before sunrise on a summer morning, between fields of lilies still shut in sleep; and when, at length, the flakes of sunlight from over the bank fell on the surface of the water, whole fields of white blossoms seemed to flash open before me, as I floated along, like the unfolding of a banner, so sensible is this flower to the influence of the sun’s rays.”
    —Henry David Thoreau (1817–1862)