American International Bank - Ownership and Business Overview

Financial ServicesCompany

American International Bank Ownership

Who owns American International Bank?

.

Was American International Bank formerly PE-backed?

Yes. American International Bank was formerly owned by 1 private investor.

American International Bank Business Overview

Where is American International Bank headquartered?

American International Bank is headquartered in United States.

What sector is American International Bank in?

American International Bank is a financial services company.

Financial Services M&A Summary in

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American International Bank (AIB)


United States,

In mid-1997, a Hovde affiliate recapitalized AIB, a troubled Asian-American bank, after obtaining necessary federal and state regulatory approvals. We placed two members on the AIB board of directors, became actively involved in managing the bank, and then spearheaded the sale of the bank. In January 2000, AIB was sold to EastWest Bancorp in a cash transaction valued at approximately $34 million, resulting in a gross IRR of 17.6% on an investment of approximately $1.7 million.


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Related Lists for American International Bank

Financial Services Companies , United States Companies