Bank of the Orient
Encyclopedia
Bank of the Orient is an overseas Chinese bank in the United States
.
Headquartered in San Francisco, with branch offices
in Industry, California
, Hawaii
, and Xiamen
, this privately-held bank
is one of few overseas Chinese banks in the United States
that has successfully expanded beyond their original communities. The bank
was first established on March 17, 1971.
The first solely owned Asian American
bank to be launched in California since World War II
, Bank of the Orient was first established in 1971 by Ernest Go, a Chinese Filipino whose family was successful in international bank
ing business. The bank originally served the local Chinese and Asian communities in San Francisco, where most of its branch offices
still locate today, and with its success, the bank gradually expanded into Southern California
and Hawaii.
Bank of the Orient is one of the first to venture into the growing Chinese market and its Xiamen branch office was in business since the mid 1990’s.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Headquartered in San Francisco, with branch offices
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution offers a wide array of face-to-face and automated services to its customers....
in Industry, California
Industry, California
Industry is an industrial suburb of Los Angeles in the San Gabriel Valley region of Los Angeles County. Home to over 2,500 businesses and 80,000 jobs, but only 219 residents at the 2010 census - down from 777 residents as of the 2000 United States census - the city is almost entirely industrial...
, Hawaii
Hawaii
Hawaii is the newest of the 50 U.S. states , and is the only U.S. state made up entirely of islands. It is the northernmost island group in Polynesia, occupying most of an archipelago in the central Pacific Ocean, southwest of the continental United States, southeast of Japan, and northeast of...
, and Xiamen
Xiamen
Xiamen , also known as Amoy , is a major city on the southeast coast of the People's Republic of China. It is administered as a sub-provincial city of Fujian province with an area of and population of 3.53 million...
, this privately-held bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
is one of few overseas Chinese banks in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
that has successfully expanded beyond their original communities. The bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
was first established on March 17, 1971.
The first solely owned Asian American
Asian American
Asian Americans are Americans of Asian descent. The U.S. Census Bureau definition of Asians as "Asian” refers to a person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian subcontinent, including, for example, Cambodia, China, India, Indonesia, Japan,...
bank to be launched in California since World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, Bank of the Orient was first established in 1971 by Ernest Go, a Chinese Filipino whose family was successful in international bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
ing business. The bank originally served the local Chinese and Asian communities in San Francisco, where most of its branch offices
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution offers a wide array of face-to-face and automated services to its customers....
still locate today, and with its success, the bank gradually expanded into Southern California
Southern California
Southern California is a megaregion, or megapolitan area, in the southern area of the U.S. state of California. Large urban areas include Greater Los Angeles and Greater San Diego. The urban area stretches along the coast from Ventura through the Southland and Inland Empire to San Diego...
and Hawaii.
Bank of the Orient is one of the first to venture into the growing Chinese market and its Xiamen branch office was in business since the mid 1990’s.