LOS ANGELES, March 26, 2025 CTBC Bank and the Los Angeles County Economic Development Corporation (LAEDC) have announced that Federal Home Loan Bank of San Francisco is matching CTBC’s own $300,000 donation with a $50,000 matching donation for fire relief response in the Los Angeles area. The FHLBank San Francisco $50,000 award is the maximum match.

“CTBC Bank is honored to receive the FHLBank San Francisco matching donation to further boost the great work LAEDC is doing to support the small business community in this crucial time of need following the Los Angeles area wildfires,” said Robert De Acevedo, Senior Vice President, CRA Officer, CTBC Bank USA.

The combined CTBC Bank and FHLBank San Francisco $350,000 donation will support LAEDC’s ongoing efforts to aid small business recovery in the aftermath of the recent Los Angeles wildfire disaster. CTBC’s foundational contribution, along with the matching donation, will allow LAEDC to expand its supportive services and bolster the Together for LA initiative, a collaborative effort designed to assist small businesses throughout the Los Angeles region in times of crisis.

“Our hearts are with the individuals, families and communities affected by the devastating wildfires in Southern California that destroyed over 10,000 houses in our district and has displaced tens of thousands of people from their homes,” said Joe Amato, Interim President and CEO, and CFO of FHLBank San Francisco. “CTBC Bank and LAEDC serve a vital role in disaster relief and recovery and are highly focused on rebuilding communities.”

“We are extremely grateful for the generous support from CTBC Bank and the Federal Home Loan Bank of San Francisco,” added Stephen Cheung , CEO of LAEDC. “This $350,000 contribution will significantly strengthen our ability to deliver critical resources and assistance to small businesses impacted by the recent wildfires. Through our Together for LA initiative, we’re committed to helping these businesses recover and rebuild, ensuring a stronger, more resilient Los Angeles region. Partnerships like this exemplify the power of collaboration in times of crisis.”

FHLBank San Francisco’s wildfire relief and recovery matching funds are part of a suite of tools and resources that are available to help its member financial institutions address both urgent needs and longer-term recovery efforts in local communities. These tools and resources include discounted credit programs that support affordable housing, economic development, and community revitalization efforts.

The donations from CTBC Bank and FHLBank San Francisco demonstrates the power of public-private collaboration in driving meaningful impact. The funding will allow LAEDC to offer a range of services, including direct assistance, access to critical recovery resources, and strategic coordination with partners to streamline support for small businesses navigating the challenges caused by the wildfire disaster.

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 $290 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.

About FHLBank San Francisco

The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions — propel homeownership, finance quality affordable housing, drive economic vitality, and revitalize whole neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant, equitable, and resilient.

About LAEDC

The Los Angeles County Economic Development Corporation (LAEDC) is a nonprofit organization working to enhance economic opportunity and quality of life in the Los Angeles region. By fostering inclusive economic growth, supporting workforce development, and providing business assistance, LAEDC is committed to building a more equitable and resilient regional economy. www.laedc.org

Media Contacts:

Chris Hammond, for FHLBank San Francisco

+1 415-616-3763

hammondc@fhlbsf.com

Dan Margolis, for CTBC Bank

+1 (213) 452-6472

dan.margolis@fticonsulting.com

Erik Conley, for LAEDC

erik.conley@laedc.org

+1 (213) 622-4300

LOS ANGELES, February 13, 2025 The Los Angeles County Economic Development Corporation (LAEDC) is proud to announce a generous $300,000 contribution from CTBC Bank to support its ongoing efforts to aid small business recovery in the aftermath of the recent Los Angeles wildfire disaster. This foundational contribution will allow LAEDC to expand its supportive services and bolster the Together for LA initiative, a collaborative effort designed to assist small businesses throughout the Los Angeles region in times of crisis.

“Ninety-four percent of all LA County companies have less than 20 employees. Small businesses are the backbone of our regional economy, and their recovery is essential to ensuring the economic vitality of Los Angeles County,” said Stephen Cheung, CEO of LAEDC. “CTBC Bank championing this effort will serve as a catalyst for other corporate contributions, and will enable us to provide crucial support to businesses impacted by the wildfires and help build a more resilient economic framework for the future.”

The Together for LA Initiative, originally launched in response to the COVID-19 pandemic, was reactivated during the recent wildfire disaster to provide critical resources, information, and assistance to small businesses affected by the fires. This initiative brings together government, business organizations, philanthropy, and community partners to ensure a coordinated approach to disaster recovery and economic resilience.

CTBC Bank USA’s contribution will both directly support small business recovery efforts in Los Angeles, and also will strengthen LAEDC’s ability to leverage additional resources to institutionalize the Together for LA initiative. This institutionalization will prepare the region for future disasters, ensuring that small businesses have access to timely and effective assistance when they need it most.

“CTBC Bank is committed to supporting the communities we serve in the Los Angeles area, especially in times of need,” said Noor Menai , President and CEO of CTBC Bank USA. “As Taiwan’s leading international bank with operations in 14 countries, we have the focus and expertise to help steward companies and families in the most challenging times. Through our partnership with LAEDC and the Together for LA Initiative, we’re proud to help small businesses with the tools and advisory services essential to recover and rebuild while contributing to the long-term resilience and growth of the Los Angeles region.”

The contribution from CTBC Bank demonstrates the power of public-private collaboration in driving meaningful impact. The funding will allow LAEDC to offer a range of services, including direct assistance, access to critical recovery resources, and strategic coordination with partners to streamline support for small businesses navigating the challenges caused by the wildfire disaster. For more information about the Together for LA Initiative or LAEDC’s disaster recovery efforts, please contact Linden.Johnson@laedc.org or visit www.togetherforla.org

About LAEDC

The Los Angeles County Economic Development Corporation (LAEDC) is a nonprofit organization working to enhance economic opportunity and quality of life in the Los Angeles region. By fostering inclusive economic growth, supporting workforce development, and providing business assistance, LAEDC is committed to building a more equitable and resilient regional economy. www.laedc.org

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 $290 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.

LOS ANGELES & LONDON – November 20, 2024– CTBC Bank USA has announced that its President & CEO Noor Menai will speak on December 4 at the Global Banking Summit, hosted by the Financial Times. The conference, themed “Leading through disruption,” will be held in London from December 3-4, 2024.

Menai will present on “Geopolitical risk – lessons from 2024 and navigating the path forward” panel. The discussion will focus 2024’s year of elections, geopolitical turmoil and threats to globalization impact on banks from heightened credit risk, to upending foreign operations. The panel will also explore a broad view of 2024’s big picture events and how banks are affected across different jurisdictions, common lessons from investment banking to trade and treasury, and how banks identify geopolitical risk and action change.

The panel will be moderated by Martin Arnold, Financial Times Financial Regulation Editor, and also joining the panel will be Tim Adams, President and CEO, Institute of International Finance and Maria Demertzis, Economy, Strategy and Finance Leader Europe, The Conference Board.

The Global Banking Summit brings together Chairs, C-Level Executives and Directors from leading global banks and their key technology and innovation partners. Areas explored will include digital transformation, climate and ESG, financial crime, regulation and policy.

In addition to his leadership of CTBC Bank USA, Menai serves as Deputy Head of International Business of the $290 billion parent bank based in Asia. A board member of Chia Network, he also serves on the Federal Reserve Bank of San Francisco Community Depository Institutions Advisory Council and has served as a member of FDIC's Subcommittee on Modernization.

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 $290 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.

WASHINGTON, D.C. – October 22, 2024 – CTBC Bank USA has announced that its President & CEO Noor Menai will speak this Thursday at the Semafor's World Economic Summit.

The conference will be held on October 24-25 at the Gallup Great Hall, Washington, D.C. Menai will present at the global finance session, themed “Emerging Risks in a Time of Transition.”

Menai, also a Board Member of Chia Network, will speak on agility and flexibility and how bank playbooks are adapting amidst uncertainty. In a fireside chat style discussion, he will be interviewed by Marcus Brauchli, a Semafor Contributor and a Former Editor of the Washington Post and Wall Street Journal.

Other speakers in the global finance agenda will include Lael Brainard, Director, White House National Economic Council; Sergio Ermotti, Group CEO, UBS; and Vincent Van Peteghem, Deputy Prime Minister and Minister of Finance, Belgium.

The Semafor conference will be held against the backdrop of the World Bank and International Monetary Fund fall meetings in Washington, D.C. The event sets the stage for meeting of the minds among preeminent figures and power brokers across the global economy, coming together for on-the-record conversations on the state of the global economic landscape.

In addition to his leadership of CTBC Bank USA, Menai serves as Deputy Head of International Business of the $290 billion parent bank based in Asia. He also serves on the Federal Reserve Bank of San Francisco Community Depository Institutions Advisory Council and has served as a member of FDIC's Subcommittee on Modernization.

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 $290 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.

LOS ANGELES & LONDON– November 20, 2023 CTBC Bank USA has announced that its President & CEO Noor Menai will present on November 29 at the Global Banking Summit, hosted by the Financial Times. The conference, themed “Leadership strategies for the future of banking, will be held in London from November 27-29, 2023.

Menai, also a Board Member of Chia Network, will present on “How will blockchain technology build resilience to prevent future crises” panel. The discussion will focus on how transformative blockchain technology will truly be for financial services. While some banks have welcomed it with open arms and are creating their own private blockchains, the majority remain skeptical about its role in banking. The panel will explore the blockchain the future of banking or simply another step in the digital transformation of banks, if the banking sector’s recent troubles averted spending on technology and what does the crisis of confidence mean for blockchain and other topics.

The panel will be moderated by Nikou Asgari, Financial Times Digital Markets Correspondent, and also joining the panel will be Clare Francis, Senior Advisor, Provenance Blockchain Foundation and Board Member – UK Department of Business and Trade, Tim Adams, President and CEO, Institute of International Finance and Sophie Gilder, Managing Director of Blockchain and Digital Assets, Commonwealth Bank.

The Global Banking Summit brings together top influencers from across the banking stack – from leaders in financial crime to open banking; from CEOs to chief sustainability officers. The event is the only strategy focused banking conference that brings all top CEOs in one place to debate the future of industry, and learn from peers and competitors across three days.

In addition to his leadership of CTBC Bank USA, Menai serves as Deputy Head of International Business of the $240 billion parent bank in based in Asia. He also serves on the Federal Reserve Bank of San Francisco Community Depository Institutions Advisory Council and has served as a member of FDIC's Subcommittee on Modernization.

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 $240 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.

LOS ANGELES & LONDON– November 8, 2023 CTBC Bank USA has announced that its President & CEO Noor Menai will speak tomorrow at The Global Boardroom, hosted by the Financial Times.

Menai will present on the “Global Banking: Adapting to a new era of volatility” panel, addressing the new era of uncertainty generated by the shifting credit cycle and interest rate environment, after a wave of innovation took banks to the forefront digital transformation. Panelists will discuss the bank run triggered by the collapse of Silicon Valley Bank triggering other high profile bank failures. Additionally, topics will include how banks are adopting lending strategies amid the volatility, are banks adequately hedged prepared for shifting confidence in sectors and will more innovation for customers and investors take off.

The panel will be moderated by Stephen Morris, the Financial Times Global Banking Editor, and also joining the global volatility panel will be Michael Cole-Fontayn, Non-executive director, J.P. Morgan Securities Plc; Executive Chairman, Chartered Institute for Securities and Investment (CISI) Alexandra Soto, Chief Operating Officer, Lazard.

The Global Boardroom will bring together more than 100 leaders in business, policy and finance together with top Financial Times journalists for three day of in-depth analysis and discussion, covering all key sectors and regions. This will include how nations and economies are adjusting to impact of high inflation, the risk of recession, geopolitical unrest impact on markets, the consequences of climate change and other topics.

In addition to his leadership of CTBC Bank USA, Menai serves as Deputy Head of International Business of the $240 billion parent bank in based in Asia. Also, Mr. Menai is a Board Member of Chia Network and serves on the Federal Reserve Bank of San Francisco Community Depository Institutions Advisory Council and as a member of FDIC's Subcommittee on Modernization.

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 $240 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.

LOS ANGELES– June 21, 2023 Moody's Investor Service (Moody’s) has assigned first-time ratings to CTBC Bank USA including the long-term and short-term deposit ratings of A2/Prime-1 with a baa1 Baseline Credit Assessment (BSA), the bank announced today.

“CTBC Bank USA is proud of Moody’s recognition of our strong deposit, credit and management assessments, particularly in light of recent industry events and market uncertainty,” said Noor Menai, President & CEO of CTBC Bank USA. “The new rating and distinction is a recognition of our business model of creating an ultra-reliable, successful bank, while preserving our values of customer and community investment.”

According to the new Moody’s report, the rating reflects the benefit to creditors from the bank’s very high capital and strong risk management. Additionally, Moody’s added that CTBC Bank USA also has a very high level of support from its parent CTBC Bank Co., its strategic commitment to its U.S. subsidiary and U.S. market, oversight and board representation, as well as sizable liquidity and deposit placement lines that CTBC Bank USA could utilize, if needed.

Further, the assigned ratings also incorporate CTBC's environmental, social and governance (ESG) considerations, as per Moody's ESG classification. Moody's views CTBC's financial performance and risk management practices as appropriate and conservative, resulting in a governance issuer profile score (IPS) of G-2.

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 $240 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.

LOS ANGELES– January 24, 2023 CTBC Bank is a long-time member of the Monterey Park and surrounding communities. We stand steadfastly with all those who grieve in the aftermath of this tragic mass shooting. During this most difficult time, we have faith that our community will come together, as our extraordinarily resilient community has done time and time again, to help bring comfort to those who have suffered an unspeakable loss. We are family and we will be here throughout the healing process.

SAN FRANCISCO – January 6, 2022 The Federal Reserve Bank of San Francisco announced the newest members of its Community Depository Institutions Advisory Council (CDIAC), effective January 1, 2022. The new CDIAC members are Samuel D. Jimenez, chief executive officer of 1st Capital Bank in Salinas, California; Noor Menai, president and chief executive officer of CTBC Bank Corp. USA in Los Angeles; Patty Mongold, president and chief executive officer of Mt. McKinley Bank in Fairbanks, Alaska; Harold Roundtree, chief executive officer of UNCLE Credit Union in Livermore, California; and Stacy Watkins, president and chief executive officer of Lexicon Bank in Las Vegas.

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Noor Menai, President & CEO of CTBC Bank USA will deliver one of the keynote addresses at this morning’s Los Angeles County Economic Development Corporation (LAEDC) Annual Economic Forecast.

This year’s event, to be held at the Sheraton Grand in downtown Los Angeles, will be themed “Expanding the LA Dream to More Communities and Residents.” Frank Mottek, Anchor of KNX Newsradio and the business show “Mottek on Money,” will emcee the event.

Menai’s remarks will focus on how international trade and foreign investment remain critical for California’s economy, in addition highlight the importance of better education and training opportunities for future generations in Los Angeles.

“It’s an honor to offer CTBC Bank’s perspective at Southern California’s most prestigious economic forecast event,” said Menai. “Despite the many developments that have impacted the global economy in the past year, it remains clear that California continues to draw investor attention from the rest of the world and will have an outsized impact on both the U.S. and global economies.”

Additionally, LAEDC’s economic forecast will examine the pronounced effects of global, national and regional challenges as well as how new trends, policy developments and actionable insights guide economic decisions and build economic activity.

Other keynote and panel speakers at the event will include:

• Bill Allen, CEO of LAEDC

• Stephen Cheung, President, World Trade Center LA and Executive VP of LAEDC

• Shannon Sedgwick, Director, Institute for Applied Economics LAEDC

• Alexander Casey, Senior Policy Advisor, Zillow

• Chris Slevin, Vice President, Economic Innovation Group
   

The event is open to the media and interested parties can register online.
 

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.

LOS ANGELES, December 9, 2019

CTBC 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:

• An honorary award was bestowed to CTBC Bank USA from USC Rossier School of Education in recognition of the bank’s more than $400,000 in financial support of USC College Advising Corps. The program supports underserved high schools to assist students with college applications and financial aid and has resulted in nearly 40,000 applications, more than 10,000 acceptances and more than $40 million in financial aid awarded.

• CTBC Bank USA participated in the recapitalization of Pan American Bank, a Los Angeles-based Community Development Financial Institution.

• The bank committed $1 million in support to the Huntsman Cancer Institute, including HCI’s Primary Children’s and Families’ Cancer Research Center.

• CTBC Bank USA joined Los Angeles Mayor Eric Garcetti and other elected officials and business leaders on two highly successful trade missions to Asia, focused on strengthening relationships and boosting investment and tourism in L.A.
   

"Los Angeles is a city of opportunity — a place where businesses put downs roots, find success, and give back to Angelenos," said Mayor Eric Garcetti. "For 30 years, CTBC has worked to build a stronger and more inclusive city, from helping high school students afford college applications to forging global partnerships which have strengthened our economy."

“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.

Milestone for Taiwanese-based bank; solidifies CTBC Bank USA’s strength among largest U.S. banks

CTBC Bank USA, a trusted and established financial institution for commercial and retail customers, is proud to announce that its parent company CTBC Bank Co. is now ranked among the top 150 banks globally by The Banker, a publication owned and edited by The Financial Times. CTBC Bank Co.’s ascent marks the first time a Taiwanese-based bank has broken into the top 150 institutions on this list.

CTBC Bank Co. has topped the list of Taiwanese banks for three consecutive years, moving from a ranking of 151 last year to 148 on the 2019 list. The Banker’s “Top 1,000 World Banks” ranking sets the industry benchmark, providing comprehensive intelligence about the banking sector globally.

“CTBC Bank USA’s global resources and reach, combined with our parent bank’s strong foundation further empowers us as a competitive force in U.S. banking, particularly with customers with large interests across Asia-Pacific and global,” said Noor Menai, President and CEO of CTBC Bank USA. “Over several decades, CTBC Bank Co.’s global footprint and deep roots in Asia have enabled our US presence to grow into a robust, yet nimble business that can provide the innovative solutions our clients are looking for in a commercial and retail bank.”

This year, CTBC Bank Co.’s tier-1 capital reached US$9.752 billion, marking an increase of more than US$159 million from last year. It has branches and offices offering first class banking services in 14 countries, including 11 in Asia. The bank’s business performance and risk tolerance metrics are complemented by a commitment to corporate social responsibility. CTBC Bank Co. is a constituent of the MSCI ESG Leaders Indexes, FTSE4Good Emerging Index and the Dow Jones Sustainability Indices.

The Banker began its tally of the world’s top 1,000 banks in 1970 gauging the scale and performance of different banks selected based on the size of tier-1 capital. This year’s rankings took into account more than 2,000 types of financial data to provide a comprehensive outlook on banks around the world.

About CTBC Bank Corp. (USA)

CTBC Bank USA is a trusted and established institution providing commercial and retail customers with a real financial bridge to the next state of their lives and businesses. 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.

LOS ANGELES, July 18, 2019

CTBC Bank USA, a trusted and established financial institution for commercial and retail customers, today announced that Ming Lin Chen has been named its Chief Operating Officer (COO.) She will report to Noor Menai, President and CEO of CTBC Bank USA.

Ms. Chen will oversee the growth of CTBC’s operations initiatives, working to enhance operational risk management and effectiveness and further build efficiency and productivity. She will also support the bank’s diversification of products and services and cultivate talent development. In addition, Ms. Chen will lead the bank’s information technology and data management teams to expand internet banking and digital channels.

“We’re delighted to welcome Ming Lin to CTBC Bank,” said Mr. Menai. “She will play an integral role in building our robust digital bank capabilities, including leveraging state-of-the-art artificial intelligence tools, which will bring great financial and customer service benefits to our clients. Ming Lin joins us with a strong track record in both U.S. and Pan-Pacific banking and her joining our team is another key step in our expansion plans.”

“It’s a pleasure joining the CTBC family,” said Ms. Chen. “I am looking forward to working with the teams to support the growing business and growth of human capital.”

Ms. Chen has over 20 years of experience in leading cross-functional teams in the global banking industry to improve productivity, exceed growth targets and solve problems through close collaboration with executive teams.

Previously, Ms. Chen was an Executive Vice President and Head of Banking Operations at East West Bank, where she spent nearly 14 years. There she managed a team of several direct reports and 300 indirect reports with oversight of the bank’s U.S. operations and coordination with their Greater China offices. Prior to that, she was a Senior Vice President, Marketing Director and Corporate Secretary at General Bank, leading the bank’s marketing and investor relations function.

Ms. Chen holds a bachelor’s degree in business administration from the National University of Singapore and an MBA from California State University, Los Angeles.

About CTBC Bank Corp. (USA)

CTBC Bank USA is a trusted and established institution providing commercial and retail customers with a real financial bridge to the next state of their lives and businesses. 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 $140 billion in assets and is among the largest banks in the world in terms of capital. CTBC Bank has branches and offices offering first class banking services in 14 countries, including 11 in Asia. For more information about CTBC Bank, visit www.ctbcbankusa.com.

LOS ANGELES, May 29, 2019

CTBC Bank USA, a trusted and established financial institution for commercial and retail customers, yesterday celebrated the grand opening of a new branch in Arcadia, California.

The opening ceremony and ribbon cutting included remarks by top global and regional CTBC Bank management, elected officials including Congresswoman Judy Chu, Arcadia City Councilmember Sho Tay and public dignitaries including the Arcadia Police Department.

CTBC Bank’s branch at 56 East Duarte Road will provide full service deposits, loans, credit cards, foreign exchange, letters of credit, wealth management, mobile and electronic banking services. The Arcadia branch will be managed by Peter Tin.

“Nearly half of Arcadia is of Chinese ancestry and thus, our ties as both a trusted U.S. community bank and Chinese American community bank are why we are so proud to open our branch here today,” said Morris Li, Chairman of CTBC Bank, at the event. “Our ‘We are Family’ tradition will continue in every way here in Arcadia.”

“For the past 30 years, CTBC Banks in the U.S. have helped grow our economy. They’ve been especially important in large immigrant communities, like ours, where they have taught financial literacy and helped residents apply for loans,” added Congresswoman Chu. “It’s this kind of community-focus which has made CTBC Bank such a valued member of the San Gabriel Valley and why I am excited to welcome its latest branch here in Arcadia.”

“We are very appreciative of Arcadia warmly welcoming us to your community, which has a rich history in Southern California, but also maintains deep ties across the globe with our communities in Asia,” said Noor Menai, President & CEO of CTBC Bank USA, in addressing the attendees. “Our expansion to Arcadia has been long in planning, given your rich history as one of the region’s most desired communities, thanks to stellar education, healthcare, culture and commercial opportunities.”

CTBC Bank has branches and offices offering first class banking services in 14 countries, including 11 in Asia. Regionally, in addition to the CTBC Bank USA’s Los Angeles headquarters, the bank has branches in the City of Industry, San Gabriel, Monterey Park, Rowland Heights, San Marino and Irvine.

About CTBC Bank Corp. (USA)

CTBC Bank USA is a trusted and established institution providing commercial and retail customers with a real financial bridge to the next state of their lives and businesses. 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 $125 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.