What is Development Bank?

These banks have been established to provide long term development finance to the trade, commerce and industry. In Pakistan they are generally government owned banks, established under a specially promulgated law.
Zarai Taraqiati  Bank of Pakistan and Industrial Development Bank of Pakistan are very well-known development banks.

What is Investment Bank?

The investment banks assist business houses and the governmental bodies to rise money through the sale of stocks and bonds for usually long term purposes. These banks perform the usual functions of rising deposits of idle money from the public and finance the business houses and other bodies.

What is Consumer Bank?

These banks provide finance for purchasing consumption goods for the use of the borrowers. Consumer finance companies,sales finance companies and credit unions are some of the popular forms of consumer Banks.