Royal Business Bank soft opened on November 18, 2008 with a strong capital of $71 million; its company goal and mission is serving the Chinese communities and companies doing business in Greater Los Angeles.
Royal Business Bank’s headquarter located in Los Angeles Downtown (660 S. Figueroa St #1888, Los Angeles Ca 90017, phone number 213-627-9888), provides commercial banking services to small-and medium-sized businesses and professionals in a variety of industries, as well as consumer services to individuals. By next April or May, its second branch will be opened in the city of San Gabriel where most of the Chinese reside in.
The President and CEO, Mr. Alan Thian, has a strong banking background with many years of experience. He was the Director and Head of the Small Business Loan Department at General Bank; President and CEO of American International Bank; Chairman, President & CEO of First Continental Bank; and Southern California Regional Director of United Commercial Bank.
Mr. Alan Thian addressed that Royal Business Bank’s directors and senior management executives possess trade finance knowledge and experience, especially in the area of international trade finance, letters of credit, etc. By means of our closer banking relationship with Pacific Rim and expertise in international banking business, its business will grow significantly and successfully.
Mr. Alan Thian reiterated that Royal Business Bank also provides a full range of services include Commercial Real Estates, Construction Loans, Small Business Loans, and Professional Loans.
Its Board of Directors include: Chairman Louis Chang; Directors include Peter Chang, Alan Thian, Christine Thian, Vic Chen, Christopher Koo, John Sy, Ko-Yen Lin, Sheng- Cheng Chen, Ruey-Chyr Kao, and Peggy Huang. Royal Business Bank employs three Executives Vice Presidents, Richard Voake, Simon Pang, and Vincent Liu to be in charge of credit department, lending department, and branch administration respectively.