History of the West Coast of East and West.

East-West Bank was incorporated in Los Angeles, California on 1973. It is the first savings and loan association in the United States to help and serve Chinese communities and new immigrants. The East-West Bank developed rapidly and was listed on NASDAQ in February 1999 with the trading code EWBC. From 1997 to 2007, it recorded a record growth for ten consecutive years, and completed a number of bank mergers and acquisitions in the past few years.

M&A History of East and West

1999 1 month, acquisition of First Central Bank, assets1080,000 USD. In September of the same year, it acquired American International Bank with assets of10.99 billion USD.

In 2000 1 1 month, Prime Bank was acquired with assets of USD 6543.8+RMB 80 million.

In March 2003, the acquisition of Pacific Commercial Bank was completed, and its assets of 6,543.8+0.65 billion dollars and four branches were successfully integrated.

In August, 2004, Trust Bancorp Inc, with four branches and total assets of US$ 235 million, further strengthened its business share in the Chinese community.

In March 2006, it acquired ZTE Bank. The acquisition increased assets by 923 million US dollars, making its total assets exceed10 billion US dollars, and the number of branches increased from 55 to 62, making it the second largest independent commercial bank headquartered in Los Angeles, California.

In April 2007, it acquired Desert Community Bank with assets of 532 million USD and 9 branches.

In 2009 1 1 month, with the assistance of the Federal Deposit Insurance Corporation, the assets of joint commercial banks similar in nature and scale surged by 9.9 billion.

20 10 in June, Washington first international bank, headquartered in Washington state, was acquired again, with assets of USD 493 million and six branches. The bank's total assets exceed $20 billion, making it one of the top 30 banks in the United States and the largest bank in the Asian American community.

The 20 14 acquisition integrated the former Metro Corp. Banks, Inc., headquartered in Houston, Texas, with total assets of1600 million USD.

Branch network

The East-West Bank has more than 65,438+030 service networks in the United States and Greater China, providing diversified and all-round banking services. The branch of Dahua, the largest Asian supermarket chain in the United States, is open seven days a week. The East-West Bank also provides 24-hour automatic telephone banking service system and online banking service.

Dongxi Bank (China) Co., Ltd. is a wholly foreign-owned bank approved by China Banking Regulatory Commission, with a registered capital of 6,543.804 billion yuan, and operates local and foreign currency business within the scope approved by China Banking Regulatory Commission.