Development bank
Meaning in finance & banking, with examples
In finance & banking, development bank means: A financial institution that supports economic development through financing and related assistance.
In Turkish: kalkınma bankası
How it is used
Specify its national, regional or multilateral mandate when discussing eligible projects.
Example sentences
The development bank financed water infrastructure in several small towns.
The financing serves an identified development purpose.
A development bank supplied technical assistance before the project sought lenders.
Its role can include preparation as well as lending.
Common collocations
- multilateral development bank
- development bank financing
Related terms
More terms: Banks & Institutions
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This page explains English vocabulary for learners. It is not financial advice.
