Cathay Bank donated $200,000 to China in support of its coronavirus control efforts to help combat the virus outbreak. On February 14, 2020, Cathay Bank Chief Executive Officer, Mr. Pin Tai, presented the check to Mr. Zhang Ping, the Consul General of Consulate General of the People's Republic of China in Los Angeles. Through the Consulate’s office, the donation will be given to the China Charity Federation to be used to purchase necessary supplies including masks, protective gear, and sanitizers for frontline medical staff in their disaster relief efforts at impacted areas in China.
“Our hearts go out to all those suffering from this epidemic,” says Pin Tai. “Since the virus outbreak, we have been actively contacting our customers from the medical industry to help deploy much needed medical supplies to China. We commend the Chinese government and its citizens for their efforts in combating the virus during this difficult time. We also express our gratitude to the medical staff and wish all those who are impacted a speedy recovery. We pray the epidemic will end soon.”
Mr. Ping acknowledged Cathay Bank for their contribution and expressed how, “the care and support from Chinese Americans inspires everyone. Cathay Bank’s kind gesture truly demonstrates the social responsibilities of a Chinese American business.”