1、20 23ANNUAL REPORTFOUNDATIONS for the FutureEast West Bancorp 2023 Annual Report /1With total assets of more than$69.6 billion,East West Bancorp,Inc.is the publicly traded parent company of East West Bank.The Bank was founded in 1973 in Los Angeles,California as a savings and loan focused on serving
2、 the Chinese American community.Today,the Bank operates as a full-service commercial bank with over 120 locations in key cities in the U.S.and Asia.With more than 3,000 dedicated associates worldwide,East West Bank builds bridges of opportunity to empower people and communities.In 2023,East Wests pe
3、rformance earned it the#1 performing bank rankings from S&P Global Market Intelligence,Forbes,and Bank Director.Additionally,East West Bank was ranked#3 in American Bankers annual survey of the most reputable large U.S.banks.As the leading financial and cultural bridge between the U.S.and Asia,East
4、West Bank aims to provide a prosperous financial future for all our customers.Underscoring the Banks role in facilitating Asia-Pacific economic development,East West Bank Chairman and CEO Dominic Ng chaired the Asia-Pacific Economic Cooperation(APEC)Business Advisory Council(ABAC)in 2023 during the
5、United States APEC host year.Mr.Ng led ABAC in providing concrete recommendations to APEC leaders on issues impacting the economic growth of the region,which represents 62 percent of global gross domestic product.East West Bank is the largest independent bank headquartered in Southern California.We
6、continue to grow and expand our services and relationships to support dynamic customers around the world.East West is proud to work every day to support the needs of the people and communities we serve and establish strong foundations to help our customers reach further.About East West BankEast West