Nara Bancorp Declares $0.0275 Cash Dividend for the Fourth Quarter of 2004.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. -- Nara Bancorp, Inc. (Nasdaq:NARA), parent company of Nara Bank, N.A., today announced that its Board of Directors has declared a cash dividend of $0.0275 per common share for the fourth quarter of 2004. The dividend will be payable on or about January 14, 2005 to shareholders of record as of December 31, 2004. About Nara Bancorp, Inc. Nara Bancorp, Inc. is the parent company of Nara Bank, N.A., which was founded in 1989. Nara Bank is a full-service community bank headquartered in Los Angeles, with twenty-four branches and offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and one representative office in Seoul, Korea. Nara Bank operates full-service branches in 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). and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , with loan production offices in California, Washington, Colorado, Georgia, Illinois, New Jersey, and Virginia. Nara Bank was founded specifically to serve the needs of Korean-Americans, one of the fastest-growing Asian ethnic communities over the past decade. Presently, Nara Bank serves a diverse group of customers mirroring its communities. Nara Bank specializes in core business banking products for small and medium-sized companies, with emphasis in commercial real estate and business lending, 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 lending and international trade financing. Nara Bank is a member of the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). and is an Equal Opportunity Lender. For more information on Nara Bank, call our Los Angeles office at 213-639-1700 or New York office at 212-279-2790 or visit our website at http://www.narabank.com. Nara Bancorp, Inc. stock is listed on Nasdaq under the symbol "NARA." |
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