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Article: SANWA BANK CALIFORNIA LENDING STATUS UPGRADED TO 'A' BY EXPORT-IMPORT BANK OF UNITED STATES
- Article from:
- PR Newswire
- Article date:
- June 27, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES, June 27 /PRNewswire/ -- Sanwa Bank California today reported that its lending status has been upgraded to "A" by the Export-Import Bank of the United States (Eximbank), signifying its growing presence in the state's international trade finance arena.
"This rating will allow us to make larger loans to individual exporters at a time when the demand for such financial services is exploding in the state," said Sanwa's Hank Kato, senior vice president and head of the bank's International and Asian Region. "We have moved aggressively into this market during the past year and this new rating will allow us to provide an even higher level of service to our ...