NECINA
Venture Club Workshop
Small to Medium Size
Event Sponsored by
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Time: 5:30 pm – 7:30 pm, June 5th, 2008
RSVP: Free (Invitation Only) or NECINA Venture Club Member
Venue:
United Commercial Bank, 68 Harrison Ave 1Floor, Boston,
MA 02111
Parking: Complimentary Parking: 88 Beach Street, Boston, MA (Interpark
Garage)
The
sub prime credit crunch in the United States significantly impacts the global
financial market and slows down the business and consumer spending across
sectors. Many financial institutions face difficulty to provide customers
adequate financing and cash flow support to fight through the current economic
downturn. As entrepreneurs, you are constantly seeking creative ways to stay
ahead of competitions and making strategic changes to sustain your business
growth.
NECINA Venture Club workshop is
proud to invite senior executives from United Commercial Bank to discuss innovative
financing options for SME.
The topics include
alternative financing
strategies besides venture capital or angel funding. SME banking solution
covers SBA loan, revolving lines of credit, business equity line and
international trade financing. United Commercial Bank will discuss how to work
with bankers to unlock global
business opportunities.
Agenda
5:30 - 6:00 Registration
& Networking
6:00 - 6:10 Remarks
by the Organizer & Sponsor
6:10 - 6:40 Presentation by Mr.
Raymond Tung,
SVP- Director of
New England Markets, United Commercial Bank
6:40 - 7:00 Questions & Answers
7:00 -
7:30 Event Wrap Up & Networking
*Light refreshments
will be served.
About the Speaker
Mr. Tung
started his banking career with Citibank focusing on local corporate clients in
Asia. He then joined Manufacturers Hanover Trust Company to handle their Asian
regional project finance business. He was thereafter appointed as the President
and Chief Operating Officer of the Bank’s joint-venture leasing company in
Taiwan. After successful growth in business volume and profitability in the
leasing venture, Mr. Tung was reassigned back to New
York as Managing Director and Head of Aerospace Group for Asia when the Bank
merged with Chemical Bank. During this tenure, he completed numerous pioneering
financings for leading airlines in Asia. At the Bank’s next merger with Chase
Manhattan Bank, he was reassigned out to Asia as Managing Director and Head of
Shipping Group where he executed numerous landmark investment and commercial
banking transactions with top-tier shipping companies. In March of 2002, Mr. Tung joined Asian American Bank in Boston as President and
CEO, and started transforming the Bank into a high-growth operation. Three
years later, he led the successful merger with United Commercial Bank,
delivering above-market premium on the stock value to the Bank’s shareholders.
He assumed his current position as Director of New England Markets when the two
banks merged in November 2005. Mr. Tung is currently on the Board of Directors of the South
Shore Chamber of Commerce and the Massachusetts Housing Investment Corporation,
the Board of Governors of Tufts Medical Center, and the Board of Trustees of
the Quincy Medical Center. He is also a member of Federal Reserve Bank of
Boston’s Community Development Advisory Council. He had also been a director at
Asian American Civic Association, and a member of Fannie Mae Massachusetts
Partnership Office Advisory Council. Mr. Tung
graduated from Long Island University with a BS degree in Accounting and from
Columbia University with an MBA degree in Finance and International Business.
About United Commercial Bank
United Commercial Bank ("UCBTM"), a subsidiary of UCBH Holdings,
Inc., is a leading bank in the United States serving Chinese communities and
American companies doing business in Greater China. With assets of $11.80
billion for UCBH Holdings, Inc. as of December 31, 2007, the Bank has 51
branches/offices located in the San Francisco Bay Area, Sacramento, Stockton, Los
Angeles and Orange counties, eight branches in New York, five branches in
metropolitan Atlanta, three branches in New England, two branches in the Pacific
Northwest,
a branch in Houston, branches in Hong Kong, Shanghai and Shantou
China, and representative offices in Beijing, Guangzhou and Shenzhen, China and Taipei, Taiwan. UCBTM, with headquarters in San Francisco,
provides commercial banking services to small- and medium-sized businesses and
professionals in a variety of industries, as well as consumer and private
banking services to individuals. The Bank offers a full range of lending
activities, including commercial real estate and construction loans, commercial
credit facilities, international trade finance, cash management, private client
services, loans guaranteed by the U.S. Small Business Administration,
residential mortgages, home equity lines of credit, and online banking services
for businesses and consumers.
About NECINA Venture Club
NECINA
Venture Club is exclusive entrepreneurial community for members to share experience,
network and best practice across global economy. NECINA Venture Club organizes
advanced workshops and discussion forums specific to challenging issues faced
by the executives. Club membership is limited to advisors, established
entrepreneurs with mature business operation and selective early stage
entrepreneurs with concrete business plan. NECINA Venture Club is the premier
business club in New England focus on promoting entrepreneurship and bridging
the gap between business in the US and Asia.