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:

    “For Nature ever faithful is
    To such as trust her faithfulness.
    When the forest shall mislead me,
    When the night and morning lie,
    When the sea and land refuse to feed me,
    ‘Twill be time enough to die.”
    —Ralph Waldo Emerson (1803–1882)

    “When women can support themselves, have entry to all the trades and professions, with a house of their own over their heads and a bank account, they will own their bodies and be dictators in the social realm.”
    —Elizabeth Cady Stanton (1815–1902)