What are the features of the Development Bank?

Development banks are specialized financial institutions that provide long-term financing for economic development projects. Key features include offering loans at lower interest rates compared to commercial banks, focusing on sectors such as infrastructure, agriculture, and small and medium enterprises (SMEs), and often providing technical assistance and advisory services. They typically aim to promote social and economic development, with an emphasis on sustainable and inclusive growth. Additionally, development banks may be government-owned or supported by international organizations to align with national or global development goals.