Royal Business Bank

Royal Business Bank is a Chinese American bank based in Los Angeles, California. It is one of the biggest Chinese American banks in the country. It has branches in California, Nevada, and New York.

RBB Bancorp
TypePublic
NASDAQ: RBB
Russell 2000 Component
IndustryBanking
Founded2008
HeadquartersLos Angeles, California
Key people
Louis C. Chang, Emeritus Chairman and Founder; Yee Phong Thian, president and chief executive officer
Revenue$87.3 million (2017)[1]
Websitewww.royalbusinessbankusa.com

History

The Bank was founded by Louis Chang [2] in November 2008 in Los Angeles, California. It started out with one location but since 2011, it has opened three new locations in San Gabriel, Torrance, and Rowland Heights. As of 2011 it has acquired First Asian Bank, Las Vegas, Ventura County Business Bank, Oxnard, Los Angeles National Bank, Buena Park, and TomatoBank, Alhambra spreading its coverage all over California and Las Vegas.[3]

Overview

The company offers various financial services but primarily offers its products and services to individuals, small and middle-market businesses, municipalities, and other entities in the Chinese-American community. They have also branched out to include new customers that are not part of the Chinese-American community.[4]

References
  1. "RBB Income Statement - RBB Bancorp Stock - Yahoo Finance". finance.yahoo.com.
  2. "Directors -". www.royalbusinessbankusa.com.
  3. "About Us -". www.royalbusinessbankusa.com.
  4. "RBB Profile - RBB Bancorp Stock - Yahoo Finance". finance.yahoo.com.
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