LOS ANGELES -- (Business Wire)
AMERICAN BUSINESS BANK (OTCBB:AMBZ) today announced that its Board of
Directors has declared that the Bank will pay a ten percent stock
dividend to shareholders of record as of August 31, 2017.The
stock dividend is payable on September 22, 2017.
Leon Blankstein, President and CEO, said “We are pleased to announce the
payment of this 10% stock dividend to our shareholders. Over the past
few years we have been able to successfully execute on our business
plan; we continue to generate solid earnings and provide excellent
services to our clients.”
Founded in 1998, American Business Bank offers a wide range of financial
services to businesses in the middle market. Clients include
wholesalers, manufacturers, service businesses, professionals and
non-profit organizations. The bank is headquartered in downtown Los
Angeles and can be found on the Internet at www.americanbusinessbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170816005898/en/
Contacts:
AMERICAN BUSINESS BANK
Julie Verner
Chief Financial Officer
(213)
430-4000
Source: AMERICAN BUSINESS BANK
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