Cathay Bank Appoints Edward K. Kim as Executive Vice President and Manager of the Greater Los Angeles Commercial Banking Group

LOS ANGELES, April 20 /PRNewswire-FirstCall/ -- Cathay Bank announced today the appointment of Mr. Edward K. Kim as Executive Vice President and Manager of the Greater Los Angeles Commercial Banking Group. Mr. Kim will report to Mr. Anthony M. Tang, Senior Executive Vice President and Chief Lending Officer.

"We are pleased to welcome Eddie to our lending team at Cathay Bank.  With his over 28 years of commercial banking and relationship building experience, we look for Eddie to bring Cathay Bank's nearly 50 years of commercial lending service to the greater communities throughout Southern California," said Mr. Dunson K. Cheng, Chairman, President, and Chief Executive Officer.

Mr. Kim joins Cathay Bank from U.S. Bank where he spent 10 years – most recently as Executive Vice President of the Greater Los Angeles Commercial Banking Group.  He previously spent 14 years at Wells Fargo Bank, successfully growing the Long Beach Commercial Office during his last 8 years at that institution.  Mr. Kim will be temporarily based at Cathay Bank's Corporate Center in El Monte until his Commercial Banking Group team is established in Los Angeles at 777 N. Broadway, Los Angeles, CA 90012.

ABOUT CATHAY BANK

Cathay Bank is a subsidiary of Cathay General Bancorp (Nasdaq: CATY).  Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 31 branches in California, eight branches in New York State, one in Massachusetts, two in Texas, three in Washington State, three in the Chicago, Illinois area, one in New Jersey, one in Hong Kong, and a representative office in Shanghai and in Taipei. Cathay Bank's website is found at http://www.cathaybank.com/.

SOURCE Cathay Bank