Development Bank

The phrase development bank may refer to:

  • Community development banks fund low-income areas in the United States
  • International financial institutions conducting development-oriented finance on a bilateral or multilateral basis
  • Development finance institutions provide finance to the private sector for investments that promote development.

Famous quotes containing the words development and/or bank:

    “The work of adult life is not easy. As in childhood, each step presents not only new tasks of development but requires a letting go of the techniques that worked before. With each passage some magic must be given up, some cherished illusion of safety and comfortably familiar sense of self must be cast off, to allow for the greater expansion of our distinctiveness.”
    —Gail Sheehy (20th century)

    “When she could hide him no longer she got a papyrus basket for him, and plastered it with bitumen and pitch; she put the child in it and placed it among the reeds on the bank of the river.”
    —Bible: Hebrew, Exodus 2:3.