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 could not undertake to form a nucleus of an institution for the development of infant minds, where none already existed. It would be too cruel.”
    —Henry David Thoreau (1817–1862)

    “Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.”
    —Herman Melville (1819–1891)