Los Angeles, February 15, 2020 /PRNewswire/ -- Cathay Bank today announced a donation of $200,000 to support the fight against the novel coronavirus pneumonia epidemic.

Los Angeles February 15, 2020 /PRNewswire/ -- Cathay Bank today announced a donation of $200,000 to support the fight against the novel coronavirus pneumonia epidemic. Mr. Dai Bin, CEO of Cathay Bank, submitted a check to Consul General Zhang Ping at the Consulate General of the People's Republic of China in Los Angeles. The funds will be donated to the China Charity Federation through the Consulate General for epidemic prevention and control in areas affected by the epidemic, as well as for the purchase of medical supplies urgently needed by front-line medical staff, including masks, protective clothing, disinfectants, goggles and other scarce materials.

Characters from left to right: Hong Cheng, senior vice president of Cathay Bank, director of marketing department and Greater China Regional Development Department; Lu Ying, vice president of Cathay Bank, specialist of marketing department, media manager; Shi Yuanqiang, deputy consul general of China Consulate General in Los Angeles; Dai Bin, CEO of Cathay Bank; Zhang Ping, Consul General of China Consulate General in Los Angeles; Zhuang Zhizhe, deputy consul general of China Consulate General in Los Angeles; Dai Shuangming, deputy consul general of China Consulate General in Los Angeles; Zhang Taiqing, education counselor of China Consulate General in Los Angeles

Mr. Dai Bin first conveyed Cathay Bank's greetings to Consul General Zhang Ping. Mr. Dai said: "The world is one in the world, and the same is true. The epidemic in Wuhan, China has touched the hearts of Cathay Bank employees. Since the outbreak of the epidemic, we have actively contacted customers in the medical industry in the United States to assist and support the allocation of medical supplies to China. The courage and efforts of the Chinese government and people to fight the epidemic have moved us. Cathay Bank's representative offices and Hong Kong branches in mainland China strictly implement the epidemic prevention deployment of governments and regulatory departments at all levels, and use remote offices and other methods to stick to their posts to ensure that financial services can be carried out in an orderly manner. We hope to pay tribute to all medical staff who are fighting in the anti-epidemic actions through the donation activities at the Consulate General today, and wish all compatriots affected by the epidemic a speedy recovery. I wish the epidemic an early end. Come on Wuhan and cheer for China!"

Consul General of the Chinese Consulate General in Los Angeles Zhang Ping presented a letter of thanks to Dai Bin, CEO of Cathay Bank.

Consul General Zhang Ping expressed his gratitude to Cathay Bank for its kind behavior. He pointed out: "The attention and assistance of Chinese and overseas Chinese in the United States to the COVID-19 epidemic has inspired everyone. Cathay Bank's timely help has made us see the social responsibility and sense of mission of overseas Chinese companies. The consulate will actively implement follow-up work."

Participated in today's event, including Shi Yuanqiang, Zhuang Zhizhe, Dai Shuangming, Education Counselor Zhang Taiqing, and Senior Vice President and Marketing Director of Cathay Bank, Hong Cheng.

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About Cathay Bank

More than half a century ago, in order to serve the Chinese American community, Cathay Bank came into being in Los Angeles. Today, Cathay Bank's branches are located in nearly 50 cities in nine states in the United States, as well as Hong Kong, with representative offices in Beijing, Shanghai and Taipei. Cathay Bank is a major constituent stock in the US S&P mid-sized 400 index, ranking in the top 20 consecutively in the Forbes Top 100 Banks in the past five years. Cathay Bank, make your excitement with all your heart! For more details, please visit. FDIC insurance coverage is limited to deposit accounts at Cathay Bank's domestic branches in the United States.

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