Universal Bank is an international bank that caters to Chinese and Asian immigrants in communities surrounding West Covina California communities. This bank focuses on mortgages and other real estate financing for these immigrants that are living outside of their traditional residential areas. Bank branches are located in Arcadia, Eagle Rock, Monterey Park, Orange County, Rosemead, and Los Angeles.
University Bank was created in 1890.
Paramount Universal Bank was created in 1995.
Asia Universal Bank was created in 1997.
Universal Banks are banks that combine investment and regular banking. An example of a Universal Bank is Deutsche Bank which is located in Germany.
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Yes, Universal banking is commercial banking itself. However, Universal bank does more than a commercial bank. Universal Bank are what we call the "expanded commercial bank" (EK). Commercial banks are limited to allied banking only whereas a universal bank does allied and non-allied banking transactions.
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The universal branch code for Ithala Bank is 755526. Each location also has a separate code. Branch Codes is a website where bank codes can be looked up.