Great news for senior citizens! On May 6, 2026, Land Bank signed a business collaboration agreement with Lihsing Asset Management Co., Ltd. - a subsidiary of Taiwan Asset Management Corporation. The agreement was signed by the Bank's General Manager, Chang Chih-Chien, and Lihsing Asset Management’s Chairman, Kung Wen-Ping. By forming a cross-industry alliance, both parties will launch comprehensive, one-stop services for lease management and elder care trusts for senior citizens.
As Taiwan entered a super-aged society in 2025 (with roughly 20% of the population aged 65 or over), the elder care trust business is experiencing unprecedented growth. According to statistics from the Trust Association of R.O.C., as of the end of 2025, a total of 30 trust companies in Taiwan were offering elder care trust products, benefiting a total of 221,047 people, with trust assets reaching approximately NT$184.4 billion. As both the number of beneficiaries and the asset values have grown more than tenfold compared to a decade ago, this clearly demonstrates that the demand for elder care trusts is on the rise.
In an effort to provide more flexible elder care trust services, Land Bank has signed a business collaboration agreement with Lihsing Asset Management Co., Ltd. The collaboration will take advantage of both parties’ professional strengths in trusts and property management to jointly form an alliance for lease management and elder trusts. Based on the agreement, the Bank will assist clients in releasing their idle or difficult-to-manage property into the rental market through a lease management approach. In doing so, asset utilization is enhanced, and rental income can also be fully safeguarded within a trust, ensuring funds are used for care and medical expenditures. This approach simultaneously meets the comprehensive financial service needs for asset management, trust protection, and care.
With years of experience in the trust sector, Land Bank has not only won the Trust Association's “Trust 2.0 Plan Evaluation for the Trust Sector” for four consecutive years, but we have also won the FSC’s “Property Trust Evaluation for the Elderly and Persons with Disabilities Award” for five consecutive years and the FSC’s “Outstanding Bank in Fair Treatment of Customers in the Financial Services Sector Award” for seven consecutive years. In 2025, Land Bank was awarded the Distinguished Special Award for Trust Promotion by the Trust Association, demonstrating our remarkable achievements when it comes to fulfilling corporate social responsibility and protecting the rights of financial consumers.
Looking ahead to 2026, the Bank will adhere to its business focus on “leading innovation, creating value, and striving for sustainability.” We will integrate resources across the entire organization to continue to demonstrate the financial resilience and corporate social responsibility of a state-owned bank through the adoption of a joint-marketing, one-stop service approach. Meanwhile, we will follow our core values of “abundance, harmony, enthusiasm, and innovation” and strive to become Taiwan’s most trustworthy financial service provider. While pursuing continuous growth, the Bank is motivated to provide financial services that put its customers first and treat them with passion and empathy. The Bank prioritizes each customer's needs, fostering sustainable prosperity for companies, society, and the environment.
Contact person: Kuo Cheng-Fang
Tel.: 02- 2348-3990