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:

    “The merely political aspect of the land is never very cheering; men are degraded when considered as the members of a political organization.”
    —Henry David Thoreau (1817–1862)

    “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 (1902–1983)