NEW YORK, July 27, 2017 (GLOBE NEWSWIRE) -- RBB Bancorp (Nasdaq:RBB), a Bank Holding Company that owns Royal Business Bank, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market on July 26, 2017.
Photos accompanying this announcement are available at
RBB Bancorp was created after the 2007 financial crisis to meet the banking needs of Asian American customers not well-served by existing banks. They now focus on banking services to first generation immigrants, including Chinese, Korean, and other Asian ethnicities. RBB Bancorp prides themselves on their strong credit quality, solid balance sheet, and a robust capital base.
“We are excited to be listed on Nasdaq to support our long-term growth initiatives,” said Alan Thian, President and CEO, RBB Bancorp.
“RBB Bancorp is a company with a targeted focus and mission. They have continuously exceeded their goals since their inception and we are excited to see them grow as a Nasdaq listed company,” said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq.
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About RBB Bancorp
RBB Bancorp is a Bank Holding Company. It owns Royal Business Bank, which provides business banking services to the Chinese-American communities in Los Angeles County, Orange County, Ventura County and in Las Vegas, including remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, SBA 7A and 504 loans, mortgage loans, trade finance and a full range of depository accounts. It also owns RBB Asset Management Company, which was formed to hold and manage problem assets acquired in business combinations. Its executive office is located at 660 S. Figueroa Street, Suite 1888, Los Angeles, California 90017.
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