LOS ANGELES, Feb. 17, 2020 /PRNewswire/ -- Cathay Bank donates
$200,000 to China in support of its coronavirus control
efforts to help combat the virus outbreak. Cathay Bank Chief
Executive Officer, Mr. Pin Tai, presented the check to Mr.
Zhang Ping, the Consul General of
Consulate General of the People's
Republic of China in Los
Angeles today. Through the Consulate's office, the donation
will be given to the China Charity Federation to be used to
purchase necessary supplies including masks, protective gear, and
sanitizers for frontline medical staff in their disaster relief
efforts at impacted areas in China.
![Cathay Bank presented donation check to the Consulate General of the People's Republic of China in Los Angeles insupport of the coronavirus control efforts in China. Cathay Bank presented donation check to the Consulate General of the People's Republic of China in Los Angeles insupport of the coronavirus control efforts in China.](https://mma.prnewswire.com/media/1091030/Cathay_Bank.jpg)
"Our hearts go out to all those suffering from this epidemic,"
says Pin Tai. "Since the virus outbreak, we have been actively
contacting our customers from the medical industry to help deploy
much needed medical supplies to China. We commend the Chinese government and
its citizens for their efforts in combating the virus during this
difficult time. We also express our gratitude to the medical staff
and wish all those who are impacted a speedy recovery. We pray the
epidemic will end soon."
Mr. Ping acknowledged Cathay Bank for their contribution and
expressed how, "the care and support from Chinese Americans
inspires everyone. Cathay Bank's kind gesture truly demonstrates
the social responsibilities of a Chinese American business."
Member FDIC
About Cathay Bank
Cathay Bank, a subsidiary of Cathay
General Bancorp (Nasdaq: CATY), offers a wide range of financial
services through nine states in the U.S. as well as a branch in
Hong Kong and representative
offices in Beijing, Shanghai, and Taipei. Founded in 1962 to support
Los Angeles' growing Chinese
American community, in the past half century the bank has expanded
and grown with its customers, providing them with the tools and
services they need to achieve their goals. Learn more
at cathaybank.com. FDIC insurance coverage is limited to
deposit accounts at Cathay Bank's U.S. domestic branch
locations.
Contact:
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Chris Lu
|
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(626)
279-3837
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SOURCE Cathay Bank