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CTBC Bank USA Celebrates 30th Anniversary with Record YearCTBC Bank USA, a trusted and established financial institution for commercial and retail customers, will kick off its 30th Anniversary celebration today with its annual Customer Appreciation Event at the Jonathan Club in downtown Los Angeles with top clients and leading community members. CTBC Bank USA's anniversary coincides with a record year in growth to $3.6 billion in U.S. assets as well as the bank's highest year in deposits, profits and mortgages as a total percentage of loans. CTBC is most proud of its success in supporting the communities where its colleagues live, work and conduct business. "We have been very honored to serve our communities to help grow regional economies, serve immigrant communities and give back for future prosperity of customers and families," said Morris Li, Chairman of CTBC Bank. "Thirty years ago, our founders had the vision to establish our U.S. subsidiary bank on a foundation of customized banking and financial solutions for families and businesses, grounded in trust and community support. We have been grateful to serve so many impressive customers, companies and entrepreneurs." As CTBC Bank USA has grown, so has its commitment to the communities across markets including the following initiatives in recent years:
"Through programs like financial literacy training and assistance in applying for loans, CTBC Bank USA for decades has been uplifting and supporting our communities," said Congresswoman Judy Chu. "There is no better example of that commitment to giving back than their support for community programs such as the USC College Advising Corps, which has helped thousands of vulnerable students apply for and afford college. CTBC's support benefits our communities and our economy as a whole. I am grateful for the work of companies like CTBC Bank and congratulate them on their U.S. 30th Anniversary." Joining the 30th Anniversary kickoff at the Customer Appreciation event today will be Ambassador Abraham Chu of Taiwan's Economic and Cultural Office; Chairman Li of CTBC Bank; Nick Huang, Deputy CEO of Institutional & Banking of CTBC Bank; Noor Menai, President & CEO of CTBC Bank USA; and Stephen Cheung, President of World Trade Center Los Angeles. About CTBC Bank Corp. (USA) CTBC Bank USA is a trusted and established financial institution for commercial and retail customers. Founded in 1989 and headquartered in Los Angeles, CTBC Bank operates branches in California, New Jersey, and New York. The bank's operations include deposits, loans, credit cards, foreign exchange, letters of credit, wealth management, mobile, and electronic banking services. Customers benefit from access to large bank resources coupled with individual attention and customized service of a small bank. Its parent company, CTBC Bank Co. Ltd., is supported by more than $140 billion in assets and is among the largest banks in the world in terms of capital. For more information about CTBC Bank, visit www.ctbcbankusa.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20191209005719/en/ |