|Land Bank is a specialist agricultural bank guided by a government mandate to provide financial services to the commercial farming sector and to agri-business and to make available new, appropriately designed financial products that would facilitate access to finance by new entrants to agriculture from historically disadvantaged backgrounds. Today, the Bank is a true South African development finance institution that serves all farmers equally.|
Established in 1912, Land Bank is a wholly government owned Development Finance Institution governed by the Land and Agricultural Development Bank Act 15 of 2002 ("the Land Bank Act").
The Bank's core mandate includes the following objectives:
- Provide finance for emerging farmers in pursuit of the equitable ownership of land, agrarian reform and land distribution.
- Remove the legacy of past racial and gender discrimination.
- Promote food security and support commercial agriculture.