Hope Bancorp to Celebrate Merger Completion by Ringing the Nasdaq Opening Bell on August 24

LOS ANGELES, Aug. 22, 2016 (GLOBE NEWSWIRE) -- Hope Bancorp, Inc. (Nasdaq:HOPE), the holding company of Bank of Hope, today announced that Chairman Steven S. Koh and President and Chief Executive Officer Kevin S. Kim will commemorate the successful merger and formation of the only super regional Korean-American bank in the nation by ringing the Nasdaq Stock Market Opening Bell on Wednesday, August 24, 2016.

The ceremony will take place at 9:30 a.m. ET at Nasdaq’s MarketSite in New York’s Times Square. A live stream of the Nasdaq Opening Bell will be available at https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only super regional Korean-American bank in the United States with more than $13 billion in total assets as of July 30, 2016. Formed through the merger of BBCN Bank and Wilshire Bank, the top two commercial lenders in the market, Bank of Hope is headquartered in Los Angeles and serves a multi-ethnic population of customers across the nation. Bank of Hope operates 85 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia and Alabama. The Bank also operates SBA loan production offices in Seattle, Denver, Dallas, Atlanta, and Portland, Oregon; a commercial loan production office in Fremont, California; residential mortgage loan production offices in California; and a representative office in Seoul, Korea. Bank of Hope specializes in core business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to bankofhope.com.

Contact: Angie Yang SVP, Director of IR & Corporate Communications 213-251-2219 angie.yang@bankhope.com

Source:Hope Bancorp, Inc.