Tokai Bank of California, a subsidiary of Nagoya, Japan-based Tokai Bank, said it has restructured its business development operations.
Bank executives said they have created two groups: one focused on commercial business, the other on real estate. The Pacific Rim banking division has also been expanded, they said.
"These groups best define our role within the California market," said Robert Altobello, executive vice president of the business development group. "Our goal is to promote growth and broaden our traditional commercial banking foundation."
The new commercial banking group covers Los Angeles, Orange County, and the South Bay area, with expansion planned in San Diego and parts of northern California.
The new real estate group specializes in lending to developers in Los Angeles, Orange County, Sacramento, San Diego, the San Fernando Valley, and San Francisco.
The Pacific Rim banking division focuses on commercial lending and trade finance to Asian business communities in Los Angeles, Orange County, Sacramento, and San Francisco.