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Are you running an international business or preparing to travel abroad? You’ll need to swap out your local money for foreign currency. But what’s the most efficient and cost-effective way to do this? Use this blog to guide converting U.S. dollars to foreign currencies and vice versa.
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Most businesses do not rely exclusively on their revenue or cash reserves to sustain their operations and achieve their business objectives. When revenue is increasing and liquidity is needed immediately, many owners turn to a secured line of credit (LOC).
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Treasury management services help businesses optimize their cash inflows and outflows for greater operational efficiency, better access to working capital, and reduced financial risk.
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Cybercrime is a growing issue, but there are preventative measures you can take to stay safe. Learn more about our Cybersecurity Awareness Month tips.
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Cathay Bank was honored to attend the 26th Annual Historymakers Awards Gala, hosted by the Chinese American Museum on Wednesday, September 28, in Downtown Los Angeles.
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Will inflation, a tightened monetary policy, and a slowing China economy stall U.S. economic growth? The fall update provides a review of the changes and trends in international trade, global supply chains, and regional economic performance in the U.S. Cathay Bank | UCLA Anderson
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Taking the time to craft a small business transition plan ensures both you and your business are set up for future success after your departure.
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For the second year in a row, our President and Chief Executive Officer, Mr. Chang M. Liu, has been named one of the LA500 by the Los Angeles Business Journal.
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Cathay Bank and the Federal Home Loan Bank provided letters of credit to back the $12 million in taxable bonds issued to finance the Eagle Villas.
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