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Company Profile for Saehan Bancorp.


Business Editors

--(BUSINESS WIRE)

Saehan Saehan is a Korean corporation established in the beginning of the 1970s. It is now mostly based on textile production. The Saehan Automobile division is now Daewoo Motor.

Saehan built the Saehan Max
 Bancorp is the parent company of Saehan Bank which was incorporated in 1991 in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . Formed in 1998, Saehan Bancorp is the first financial holding company among Korean Banking Industry in California. Saehan Bank has been providing services ranging from consumer to international banking including SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
. The Bank's clientele include individuals and small to medium-sized businesses in its market areas, specifically Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . The Bank offers personal banking services such as checking accounts, including personal and money market; savings accounts Savings Account

A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates.

Notes:
, including IRA/EOGH, Super NOW, installment savings and time certificates of deposit, international trade and loans, including personal and business related. Since its inception, Saehan Bank has shown its influence in the community, growing each year; with a network of 6 branches in Southern California.


Company:              Saehan Bancorp

Headquarters Address: 3580 Wilshire Blvd.
                      Suite 1500
                      Los Angeles, CA 90010

Main Telephone:       213/389-5550

Website:              www.saehanbank.com

Ticker:               SAEB (OTCBB)

Type of Organization: Public

Industry:             Professional Services: Banking

Key Executives:       CEO: Joohak Kim
                      CCO: Albert Sang

Public Relations
  Contact:            Albert Sang
  Phone:              213/637-4803
  Email:              albert.sang@saehanbank.com

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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 28, 2003
Words:186
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