Taiwan Asset Management Corp. and Land Bank Join Forces: Rental Management and Trusts to Satisfy Senior Living with Home Ownership
Taiwan Asset Management Corp.'s subsidiary Lixing Co. and Land Bank have partnered to offer a comprehensive service combining rental management and trust operations for seniors. This initiative allows elderly individuals to retain home ownership, using rental income for living expenses and ensuring a secure and worry-free retirement.
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- 📰 Published: May 6, 2026 at 19:10
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Central News Agency
(Central News Agency reporter Lu Yen-tzu, Taipei 6th) Taiwan Asset Management Corp.'s wholly-owned subsidiary Lixing Co. announced today that it has signed a memorandum of understanding with Land Bank to combine rental management and trust services, providing a one-stop integrated service for seniors. This will allow seniors to live out their retirement in their homes, using rental income as living expenses, enabling a happier and more secure retirement life.
Taiwan Asset Management Corp. Chairman Kung Wen-ping stated that Taiwan entered a super-aged society at the end of last year, with the population aged 65 and above accounting for 20.06% of the total population. Elder care trusts have shown astonishing growth, with trust principal reaching approximately NT$184.4 billion in 2025, a 43-fold increase compared to 10 years ago.
Kung Wen-ping pointed out that according to statistics from the Financial Supervisory Commission at the end of March this year, financial institutions have accumulatively approved 10,663 reverse mortgage cases, with a total loan amount of NT$62.8 billion. In the first quarter of this year, 323 new cases were approved, with a loan amount of NT$2.36 billion, marking a new high for the same period in history. Publicly-owned banks account for 98% of both cases and amounts, indicating that the reverse mortgage market is highly concentrated in public banks and has entered an acceleration phase from a stable growth period.
Kung Wen-ping said that Taiwan Asset Management Corp. is building cross-industry alliance cooperation with eight major public banks' trust businesses. It expects to complete alliance cooperation agreements with the eight major public banks by mid-May, hoping to integrate cross-sector resources through elder care trusts, such as incorporating real estate management to use real estate rental income as elder care expenses, balancing living care and financial autonomy needs.
Land Bank issued a press release stating that it will combine the professional advantages of both parties in trust and real estate management to jointly create a rental management and elder care trust business alliance model. Land Bank will assist clients in releasing idle or difficult-to-manage real estate into the rental market through rental management, improving asset utilization efficiency.
Land Bank added that rental income can also receive complete protection through trusts, ensuring that funds are dedicated to living care and medical expenses, while simultaneously meeting comprehensive financial service needs for asset management, trust protection, and care. (Edited by: Lin Ke-lun) 1150506
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(Central News Agency reporter Lu Yen-tzu, Taipei 6th) Taiwan Asset Management Corp.'s wholly-owned subsidiary Lixing Co. announced today that it has signed a memorandum of understanding with Land Bank to combine rental management and trust services, providing a one-stop integrated service for seniors. This will allow seniors to live out their retirement in their homes, using rental income as living expenses, enabling a happier and more secure retirement life.
Taiwan Asset Management Corp. Chairman Kung Wen-ping stated that Taiwan entered a super-aged society at the end of last year, with the population aged 65 and above accounting for 20.06% of the total population. Elder care trusts have shown astonishing growth, with trust principal reaching approximately NT$184.4 billion in 2025, a 43-fold increase compared to 10 years ago.
Kung Wen-ping pointed out that according to statistics from the Financial Supervisory Commission at the end of March this year, financial institutions have accumulatively approved 10,663 reverse mortgage cases, with a total loan amount of NT$62.8 billion. In the first quarter of this year, 323 new cases were approved, with a loan amount of NT$2.36 billion, marking a new high for the same period in history. Publicly-owned banks account for 98% of both cases and amounts, indicating that the reverse mortgage market is highly concentrated in public banks and has entered an acceleration phase from a stable growth period.
Kung Wen-ping said that Taiwan Asset Management Corp. is building cross-industry alliance cooperation with eight major public banks' trust businesses. It expects to complete alliance cooperation agreements with the eight major public banks by mid-May, hoping to integrate cross-sector resources through elder care trusts, such as incorporating real estate management to use real estate rental income as elder care expenses, balancing living care and financial autonomy needs.
Land Bank issued a press release stating that it will combine the professional advantages of both parties in trust and real estate management to jointly create a rental management and elder care trust business alliance model. Land Bank will assist clients in releasing idle or difficult-to-manage real estate into the rental market through rental management, improving asset utilization efficiency.
Land Bank added that rental income can also receive complete protection through trusts, ensuring that funds are dedicated to living care and medical expenses, while simultaneously meeting comprehensive financial service needs for asset management, trust protection, and care. (Edited by: Lin Ke-lun) 1150506
Choose to stand with facts, every sponsorship is a force to protect press freedom.
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The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.