Land bank, also known as land mortgage bank in the older version
Bank that raises long-term funds by issuing mortgage bonds and lends the money against mortgage collateral – in the past primarily for agricultural land improvement (agricultural melioration), – in reforestation projects and – today primarily for construction financing. – Since about 2000, this business has also been called real estate banking, and German banks of this type are now active internationally on their own or in partnerships with domestic institutions or public-sector entities. – See Bausparkassen, Betongold, Covered Bonds, Förderbank, Hypothekenbank, Immobilienfonds, Landschaft, Meliorationskredit, Papiere, grüne, Pfandbrief, Real Estate Investment Trust, Seehandlung, Siedlungskredit, Sozialpfandbrief, Wohnigentum.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
