Company Information

Get to know Bank of Hope

Bank of Hope was established in 2016 through the merger of BBCN Bank and Wilshire Bank, two of the largest Korean-American banks at the time. Headquartered in Los Angeles, California, the bank is a subsidiary of Hope Bancorp, Inc. (NASDAQ: HOPE). Its mission is to provide a full range of financial services to the largest Korean-American communities across the United States, as well as to other multi-ethnic communities. The bank offers a comprehensive suite of products for individuals and businesses, including commercial and industrial loans, commercial real estate loans, small business (SBA) loans, personal banking services, and wealth management.

Industry

Financial BankingPRIMARY
Financial Insurance
Financial Other Service

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Bank of Hope

United States

Founded in

05 Jun 2000 (26 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.