July 16, 2015

Federal Reserve Board announces approval of application by Cathay General Bancorp

For release at 5:00 p.m. EDT

The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by Cathay General Bancorp, Los Angeles, California, to acquire Asia Bancshares, Inc., and thereby indirectly acquire its wholly owned subsidiary, Asia Bank, National Association, both of Flushing, New York.  

Attached is the Board's order relating to this action.

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Last Update: July 16, 2015