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:

    That land is like an Eagle, whose young gaze
    Feeds on the noontide beam, whose golden plume
    Floats moveless on the storm, and in the blaze
    Of sunrise gleams when Earth is wrapped in gloom;
    An epitaph of glory for the tomb
    Of murdered Europe may thy fame be made,
    Great People! as the sands shalt thou become;
    Thy growth is swift as morn, when night must fade;
    The multitudinous Earth shall sleep beneath thy shade.
    Percy Bysshe Shelley (1792–1822)

    That strain again, it had a dying fall;
    O, it came o’er my ear like the sweet sound
    That breathes upon a bank of violets,
    Stealing and giving odor. Enough, no more,
    ‘Tis not so sweet now as it was before.
    William Shakespeare (1564–1616)