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 development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.”
    —Karl Marx (1818–1883)

    “A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
    —William Booth (1829–1912)