Land Bank of Taiwan (Chinese: 臺灣土地銀行; pinyin: Táiwān Tǔdì Yínháng; Pe̍h-ōe-jī: Tâi-ôan-thó͘-tē-gîn-hâng, abbreviated "LBOT") is a wholly state-owned bank of the Republic of China (Taiwan).
It was owned by the Taiwan Provincial Government before its downsizing on December 21, 1998, when it was transferred to the jurisdiction of the Executive Yuan.
It is the only bank designated by the ROC government as a specialised bank for handling real estate and agricultural credit. Its objective is to develop national economic construction in coordination with the implementation of the government's housing, agricultural, and land policies.
Read more about Land Bank Of Taiwan: History, Organisation Structure, Staff Strength, Credit Ratings
Famous quotes containing the words land and/or bank:
“Most blest believer he!
Who in that land of darkness and blind eyes
Thy long-expected healing wings could see,
When thou didst rise,
And what can never more be done
Did at midnight speak with the Sun!”
—Henry Vaughan (1622–1695)
“A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
—William Booth (1829–1912)