A land bank is a bank that issues long-term loans on real estate in return for mortgages. This term could also apply to:
- The Land Bank of Taiwan, a wholly state-owned bank of the Republic of China (Taiwan)
- The Land Bank of the Philippines, a bank in the Philippines owned by the Philippine government with a special focus on serving the needs of farmers and fishermen
- Land banking, the buying and holding (rather than developing) of land for future development or use
Famous quotes containing the words land and/or bank:
“The windy springs and the blazing summers, one after another, had enriched and mellowed that flat tableland; all the human effort that had gone into it was coming back in long, sweeping lines of fertility. The changes seemed beautiful and harmonious to me; it was like watching the growth of a great man or of a great idea. I recognized every tree and sandbank and rugged draw. I found that I remembered the conformation of the land as one remembers the modelling of human faces.”
—Willa Cather (18731947)
“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 (19021983)