What is a Bank Trust Department?

The Bank Trust Department is the department in the bank engaged in real estate entrustment, management trust, acting as guardian and other agency business. It has significant investments due to its acceptance of personal trust and property planning projects. Those who are unable or unwilling to make investment decisions themselves often entrust bank trusts to invest. Its huge amount of investment has become an important factor in the fluctuation of stock and bond prices. In addition, the Trust Department also acts as the trustee of corporate bonds, managing annuities and profit distribution plans, and acting as a relay agency. ^[1]