CTBC Bank Re-Ups Key Support of Huntsman Cancer Institute Expansion

SALT LAKE CITY , Aug. 15, 2016 (GLOBE NEWSWIRE) -- This week CTBC Bank Co., Ltd. (CTBC Bank) and its parent company CTBC Financial Holding Co., Ltd. (CTBC Holding) will contribute $150,000 as a global partner to Huntsman Cancer Institute (HCI), a major American cancer center dedicated to Changing the DNA of Cancer Care. This follows CTBC Bank’s similar contributions each year since 2014.

Focused on children and families, the additional research space will confront the three leading causes of disease death in children: leukemia, sarcoma, and brain cancer. This phase is the third expansion of the original Huntsman Cancer Institute, which opened in 1999.

“Cancer is the challenge of our generation,” said Susan Sheehan, President and COO at Huntsman Cancer Foundation (HCF). “Tackling it requires a global approach. Huntsman Cancer Institute is grateful for this support from CTBC, knowing that it will benefit so many. Donors like CTBC clear the way so that our researchers can do the important work of addressing the problems cancer poses. It means we can accelerate cancer research and save lives.”

CTBC Bank is very honored to join Huntsman Cancer Foundation to eradicate cancer by helping build its world-class research team and facilities,” said Chao-Chin Tung, Chairman of CTBC Bank. “For decades, CTBC and its founder have brought tireless dedication to support the communities we serve,” added Noor Menai, President & CEO of CTBC Bank (USA) and Head of CTBC North America. “The foundation’s work makes an enormous difference for better health for families across the globe.”

In keeping with that tradition, on August 18 CTBC’s team will visit HCI while presenting its contribution for this critical cancer research expansion.

About CTBC Financial Holding Co., Ltd. and CTBC Bank (USA)
CTBC Financial Holding Co., Ltd. has eight subsidiaries including CTBC Bank, Taiwan Life, CTBC Venture Capital, CTBC Securities, CTBC Asset Management, CTBC Investments, CTBC Security and Taiwan Lottery. CTBC Bank (USA) (formerly Chinatrust Bank U.S.A.) is a trusted and established institution providing commercial and retail customers with a real financial bridge to the next state of their lives and businesses. Founded in 1989 and now headquartered in Los Angeles, CTBC Bank operates branches in California, New Jersey, and New York. The bank’s operations include deposits, loans, credit cards, foreign exchange, letters of credit, wealth management, mobile, and electronic banking services. Customers benefit from access to large bank resources coupled with individual attention and customized service of a small bank. Its parent company, CTBC Bank Co. Ltd., is supported by $110 billion in assets and is among the largest banks in the world in terms of capital. For more information about CTBC Bank, visit ctbcbankusa.com.

About Huntsman Cancer Foundation
Huntsman Cancer Foundation’s sole purpose is to raise funds to support the mission of Huntsman Cancer Institute (HCI):

To understand cancer from its beginnings, to use that knowledge in the creation and improvement of cancer treatments, to relieve the suffering of cancer patients, and to provide education about cancer risk, prevention, and care.

Huntsman Cancer Foundation is dedicated to ensuring excellence in these endeavors through the development and prudent stewardship of private resources.

All HCI fundraising initiatives happen through Huntsman Cancer Foundation, which is a public, fully integrated, Type 3 501 (c)(3).

Contacts: Jacqueline Brakey, HCF 801.584-5811 jbrakey@huntsmanfoundation.org Dan Margolis, for CTBC Bank 213.452.6472 dan.margolis@fticonsulting.com

Source:CTBC Bank USA