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:

    “O land and soil, red soil and sweet-gum tree,
    So scant of grass, so profligate of pines,”
    —Jean Toomer (1894–1967)

    “It was like passing a boundary to dive
    Into the sun-filled water, brightly leafed
    And limbed and lighted out from bank to bank.
    That’s how the stars shine during the day.”
    —Wallace Stevens (1879–1955)