East West Bancorp, the parent company of California-based East West Bank, has opened a new representative office in Taipei, Taiwan.
Reportedly, through its Pacific Rim banking network, it provides credit, deposit services, cash management, foreign exchange, trade finance and other banking services for many Asian businesses with operations in the US, whose parent companies are based in Asia.
The Taipei representative office will be overseen by senior vice president and chief representative Jason Chen. Mr. Chen is a Pacific Rim banking senior manager, having worked for the past 30 years throughout China, Hong Kong, Taiwan, Korea and the Philippines with Bank SinoPac, American Express, Bank of America and Citibank.
Dominic Ng, chairman, president and CEO of East West, said: “The Taipei office, together with our representative offices in Beijing and Shanghai, and our full service branch in Hong Kong, provides a strong international banking network to support the growing financial needs of our customers doing business throughout the Pacific Rim.”
