Hanmi News

  • Jan 03, 2006 Hanmi Bank's CEO Ranked First in WSJ Annual U.S. Economic Forecasting Survey

    Hanmi Bank's CEO Ranked First in WSJ Annual U.S. Economic Forecasting Survey

    As reported in today's Wall Street Journal, Sung Won Sohn, Ph.D., president and Chief Executive Officer of Hanmi Financial Corporation (NASDAQ: HAFC), the holding company of Hanmi Bank, has been ranked first among U.S. economic forecasters in the Journal's annual survey

    Participants in the survey were ranked based on their forecasts vis-à-vis actual numbers in a variety of areas, including three-month Treasury bills, 10-year Treasury notes, gross domestic product, the consumer price index, the value of the dollar, and the unemployment rate. The article, which appears on page A2, attributes Dr. Sohn's No. 1 ranking in part to his willingness to supplement his econometric model with first-hand information gleaned from regular contacts with Hanmi Bank's many clients. "I talk to people on the ground," Dr. Sohn is quoted as saying.

    As noted in the article, Dr. Sohn — who is forecasting 3.4% growth in GDP in 2006 — believes that the Federal Reserve will stop raising interest rates and that energy prices will stabilize.

  • Sep 01, 2005 Loan Production Offices Open in Virginia and Illinois

    Loan Production Offices Open in Virginia and Illinois

    Hanmi Financial Corporation (NASDAQ: HAFC) today announced that its banking subsidiary, Hanmi Bank, has opened two loan production offices in Chicago, Illinois and Annandale, Virginia.  These offices will expand Hanmi Bank's geographic coverage by providing SBA, real estate, commercial and industrial loans.

    "We have built an excellent business franchise by providing superior, personalized service to our customers in California," stated Sung Won Sohn, Ph.D., President and CEO. "Our primary focus is meeting all of our customer' financial needs and growing with them, and we now have the ability to replicate this knowledge and expertise in these regions. We will continue to expand our business services by opening additional loan production offices throughout the United States."

    The Chicago office will be managed by Jamie S. Choi.  Ms. Choi graduated from the University of Chicago and has been involved in SBA and commercial lending since 1997.  Prior to joining Hanmi Bank, Ms. Choi worked as a loan officer in charge of SBA lending for Foster Bank in Chicago.

    The Annandale office will be managed by Yong Jae Park.  Mr. Park graduated from the University of Illinois at Urbana-Champaign and has been involved in SBA and commercial lending since 1999.  Prior to joining Hanmi Bank, Mr. Park worked as a commercial loan department manager for Pacific City Bank in Los Angeles.

    Hanmi Bank was among the largest SBA lenders in the United States as published by the U.S. Small Business Administration in fiscal 2004 (18th nationwide) and the fourth largest SBA lender in Los Angeles County as published by the Los Angeles Business Journal in 2004.  Hanmi Bank also has loan production offices in Santa Clara, California and Seattle, Washington.

    Hanmi Bank is a preferred (PLP) SBA lender in the following SBA districts across the U.S.: Los Angeles, Santa Ana, San Diego, Fresno, San Francisco, Sacramento, Portland, Seattle, Spokane, Anchorage, Denver, Dallas, Houston, Illinois, Georgia, Florida, Virginia, Washington D.C., Maryland, New Jersey and New York.

  • Mar 01, 2005 LA Times include Hanmi Bank in SoCal 80

    LA Times include Hanmi Bank in SoCal 80


    Starting today, March 1, 2005, the Los Angeles Times¡'s Daily Market Roundup pages include Hanmi Bank among "The SoCal 80: Companies with Major Regional Presence."  Included in SoCal 80, Hanmi Bank is recognized as one of the 80 companies in Southern California, which should be noted for its stock performance.
  • Jan 03, 2005 New CEO Starts the New Year

    New CEO Starts the New Year


    Hanmi Bank's newly appointed CEO started the year off by addressing members of the bank at its annual New Year Kick-off Ceremony.  Dr. Sohn expressed his dedication to transforming Hanmi Bank into a premier bank that provides products and services to meet all the financial needs of our customers.
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