Taiwan Asset Management Corp. Partners with 8 Public Banks to Create One-Stop Rental Management Service
As Taiwan officially enters a super-aged society, Taiwan Asset Management Corp.'s (TAMC) subsidiary, Li Hsing Co., has completed a partnership network with eight major public-sector banks. This alliance formally establishes a one-stop service model integrating property rental management with trust services for the elderly. This public-public partnership aims to meet the growing need for seniors to use real estate income to cover living expenses, combining financial and property services into a single solution.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 16:41
- 🔍 Collected: May 18, 2026 at 17:01 (20 min after Published)
- 🤖 AI Analyzed: May 18, 2026 at 21:25 (4h 23m after Collected)
(CNA, Taipei, 18th, by reporter Lu Yen-tzu) Taiwan Asset Management Corp.'s (TAMC) wholly-owned subsidiary, Li Hsing Co., announced today that it has signed a memorandum of understanding with Chang Hwa Bank, completing a cross-industry alliance with eight major public-sector banks. This marks the formal creation of a one-stop service model combining rental property management and trust services.
TAMC Chairwoman Kung Wen-ping stated in a press release that at the end of last year, the proportion of the population aged 65 and over in Taiwan reached 20.06%, officially marking the country's entry into a super-aged society. According to statistics from the Financial Supervisory Commission, the principal amount of assets in trusts for the elderly was approximately NT$184.4 billion last year, a 43-fold increase in scale compared to a decade ago.
She explained that as of the end of March this year, the cumulative number of approved reverse mortgage cases handled by financial institutions reached 10,663, with an approved credit line of NT$62.8 billion. Public-sector banks accounted for 98% of both the number of cases and the amount, indicating that the reverse mortgage market is highly concentrated in public banks and is moving from a stable growth period to an accelerated phase.
Kung explained that the 'public-public, strong-strong cooperation' alliance formed by TAMC aligns with current market trends and meets public demand. By integrating cross-industry resources through trusts for the elderly, such as incorporating real estate management, rental income from property can be used for elder care expenses, addressing the needs for both life care and financial autonomy. This has become a much-needed service for the elderly in a super-aged society.
Regarding the specific cooperation model, Kung stated that when banks handle trust business for clients who have real estate leasing or management needs, they can refer them to TAMC through the cooperation mechanism to provide rental management and other related professional real estate services.
She added that, conversely, if TAMC's clients have trust planning needs, they can be referred to the partner banks for trust products and related financial services. Through the professional interface of the teams, this will deepen the integrated service of rental management and trust business. (Editor: Su Chih-tsung)
TAMC Chairwoman Kung Wen-ping stated in a press release that at the end of last year, the proportion of the population aged 65 and over in Taiwan reached 20.06%, officially marking the country's entry into a super-aged society. According to statistics from the Financial Supervisory Commission, the principal amount of assets in trusts for the elderly was approximately NT$184.4 billion last year, a 43-fold increase in scale compared to a decade ago.
She explained that as of the end of March this year, the cumulative number of approved reverse mortgage cases handled by financial institutions reached 10,663, with an approved credit line of NT$62.8 billion. Public-sector banks accounted for 98% of both the number of cases and the amount, indicating that the reverse mortgage market is highly concentrated in public banks and is moving from a stable growth period to an accelerated phase.
Kung explained that the 'public-public, strong-strong cooperation' alliance formed by TAMC aligns with current market trends and meets public demand. By integrating cross-industry resources through trusts for the elderly, such as incorporating real estate management, rental income from property can be used for elder care expenses, addressing the needs for both life care and financial autonomy. This has become a much-needed service for the elderly in a super-aged society.
Regarding the specific cooperation model, Kung stated that when banks handle trust business for clients who have real estate leasing or management needs, they can refer them to TAMC through the cooperation mechanism to provide rental management and other related professional real estate services.
She added that, conversely, if TAMC's clients have trust planning needs, they can be referred to the partner banks for trust products and related financial services. Through the professional interface of the teams, this will deepen the integrated service of rental management and trust business. (Editor: Su Chih-tsung)