TITLE

Cathay General to Enter Las Vegas with Branch Deal

AUTHOR(S)
Peters, Andy
PUB. DATE
May 2013
SOURCE
American Banker;5/16/2013, Vol. 178 Issue 76, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on Cathay General Bancorp in California has an agreement to buy Nevada National Bank from SWNB Bancorp. The article notes Nevada National has $44 million in assets. The deal was approved by the California Department of Financial Institutions on April 22, 2013 according to Cathay General's chief financial officer Heng Chen. The article notes Cathay has repaid half of its bailout from the U.S. Troubled Asset Relief Program.
ACCESSION #
87663356

 

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