The FSC held the Awarding Ceremony and Conference on “Evaluation of Handling of Property Trusts for Seniors and People with Disabilities by Trust Enterprises” at the Lecture Hall of the Taiwan Academy of Banking and Finance on July 18, 2019. Tseng-Chang Su, Premier of the Executive Yuan, was invited to give his opening remarks and act as a presenter. More than 200 people attended, including government agencies, social welfare organizations, and financial institutions.
“The Evaluation and Incentives of Handling of Property Trusts for Seniors and People with Disabilities by Trust Enterprises” is a five-year project launched in 2016. Banks with outstanding performance will be selected and rewarded every year. This year witnessed the third evaluation and awarding ceremony where ten banks were awarded, including Taiwan Cooperative Bank, Taiwan Business Bank, Hua Nan Bank, First Bank, Bank of Taiwan, Lank Bank of Taiwan, Taipei Fubon Bank, E. Sun Bank, Mega Bank, and Chang Hwa Bank.
At the end of March 2019, the number of beneficiaries and the principal amount of elderly care trusts had accumulated to 17,136 people and NT$ 18 billion respectively, with an increase of 16,273 people, and NT$ 13.8 billion compared to the end of 2015, showing excellent results.