Land Bank

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:

    “When you have eaten your fill and have built fine houses and live in them, and when your herds and flocks have multiplied, and your silver and gold is multiplied, and all that you have is multiplied, then do not exalt yourself, forgetting the LORD your God, who brought you out of the land of Egypt, out of the house of slavery...”
    —Bible: Hebrew, Deuteronomy 8:12-14.

    “We bank over Boston. I am safe. I put on my hat.
    I am almost someone going home. The story has ended.”
    —Anne Sexton (1928–1974)