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East West Bank.


East West Bank has agreed to acquire Prime Bank of Century City, Calif. for about $14.5 million in cash and stock. Prime Bank will be integrated into East West's commercial banking platform. Prime Bank has total assets of about $110 million; East West has total assets of more than $2.3 billion.

COPYRIGHT 2001 Bank Marketing Assn.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Publication:ABA Bank Marketing
Geographic Code:1USA
Date:Mar 1, 2001
Words:53
Previous Article:ANNOUNCEMENTS.
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