LBOT meaning in Banking ?
Answer: What is Land Bank of Taiwan mean?
Land Bank of Taiwan (LBOT; Chinese: 臺灣土地銀行; pinyin: Táiwān Tǔdì Yínháng; Pe̍h-ōe-jī: Tâi-ôan-thó͘-tē-gîn-hâng) is a wholly state-owned bank in Taiwan (ROC). 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.
reference
Comments(0)
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.