Preferred Bank
Preferred Bank is one of the larger independent commercial banks in California with a niche in the Chinese-American Market. It offers a broad range of deposit and loan products and services to both commercial and consumer customers. These consist of customized deposit services and an integrated cash management program as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals.
Preferred Bank - Recent News & Articles
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The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...