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A private development bank is a financial institution that operates similarly to traditional commercial banks but with a specific focus on providing funding and support for development projects, particularly in emerging or underserved markets. These banks often prioritize financing initiatives that contribute to economic growth, poverty reduction, infrastructure development, and other socially beneficial goals.

Private development banks may be established by private investors, governments, international organizations, or a combination thereof. They typically offer a range of financial services, including loans, equity investments, guarantees, technical assistance, and advisory services, tailored to the needs of their target markets.

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sattamatkkaa

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12y ago

National or regional financial institution designed to provide medium- and long-term capital for productive investment. Such investment is usually accompanied by technical assistance. Some development banks are government-owned and -operated, while others are private. Many have been established under the auspices of the World Bank. Among the largest are the Inter-American Development Bank, the Asian Development Bank, and the African Development Bank.

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Q: What is the definition of a private development bank?
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Definition of a private development bank?

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