development bank
Growth-focused financial institution
A development bank is a financial institution that provides long-term capital for economic development projects, particularly in infrastructure, agriculture, and industry.
Unlike commercial banks focused on profit, development banks aim to stimulate growth in underserved sectors or regions: The World Bank is the largest multilateral development bank.
They often lend at below-market rates or fund projects too risky for private lenders.
- lendingTemporary provision of resources
- low interestLittle attention or appeal
- infrastructureBasic physical systems
- loansBorrowed money arrangements
- financingProviding capital for purchases
investment · projects · capital · emerging markets · IMF · reconstruction · multilateral · credit · bonds · green bonds · public sector · private sector · poverty · poverty reduction · regional · economic growth · treasury · funding
- global cooperationUnited Nations, multilateralism, coalitions, peace treaty, peace treaties
- Economic OrganizationsIMF, OECD, WTO, World Trade Organization, Federal Reserve
- financial institutionscredit unions, savings and loan, thrifts, savings and loans, building societies
- global governanceUN, United Nations, EU, IMF, European Union
- public enterprisespublic utility, public utilities, public services, national railway, public transit
- African OrganizationsAfrican Union, AUC, PAP, regional blocs, member states
development bankcommercial bank
Deposit and loan institution
investment bank · private equity firm · hedge fund · retail bank · merchant bank
development, bank, develop, developed, developing, developer, developers, developments, undeveloped