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 first day that we landed upon that fatal shore
    The planters they came round us full twenty score or more,
    They rank’d us up like horses, and sold us out of hand
    Then yok’d us unto ploughs, my boys, to plow Van
    Dieman’s Land.”
    —Unknown. Van Dieman’s Land (l. 9–12)

    “O Gold! I still prefer thee unto paper,
    Which makes bank credit like a bark of vapour.”
    —George Gordon Noel Byron (1788–1824)