January 26, 2015 10:34 AM ET

Banks

Company Overview of EastWest Banking Corporation

Company Overview

East West Banking Corporation, together with its subsidiaries, operates as a commercial bank providing a range of financial services to consumer and corporate clients in the Philippines. It operates through Retail Banking, Corporate Banking, Consumer Lending, and Treasury and Trust segments. The company offers personal banking services, such as checking and savings accounts, peso time deposit, bills payment, check-writing, and prepaid and gift cards; credit cards; auto, home, pre owned properties and cars, personal, and business loans; Internet banking; personal investment services, including money market and fixed-income unit investment trust funds, and fixed-income investment trust funds; ...

East West Corporate Center

The Beaufort

5th Avenue corner 23rd Street

Fort Bonifacio Global City

Taguig City,  1634

Philippines

Founded in 1994

5,129 Employees

Phone:

63 2 575 3888

Key Executives for EastWest Banking Corporation

EastWest Banking Corporation does not have any Key Executives recorded.

EastWest Banking Corporation Key Developments

Eastwest Banking Corporation Appoints Angela Marie L. Pacis, FVP as Trust Officer, Effective January 5, 2015

EastWest Banking Corporation announced appointment of Angela Marie L. Pacis, FVP as Trust Officer effective January 5, 2015.

EastWest Banking Corporation Appoints Stephen O. Santos as FVP, Head of Corporate Banking Group 2, Effective December 1, 2014

EastWest Banking Corporation announced appointment of Stephen O. Santos as FVP, Head of Corporate Banking Group 2. The effective date of appointment election is December 1, 2014.

EastWest Banking Corporation Announces Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended September 30, 2014

EastWest Banking Corporation announced unaudited consolidated earnings results for third quarter and nine months ended September 30, 2014. For the quarter, the company reported interest income of PHP 3,000,335,000, net interest income of PHP 2,563,895,000, total operating income of PHP 3,794,224,000, income before income tax of PHP 813,089,000, net income attributable to equity holders of the parent company of PHP 693,755,000 compared to the interest income of PHP 2,525,772,000, net interest income of PHP 2,201,107,000, total operating income of PHP 2,944,093,000, income before income tax of PHP 486,051,000, net income attributable to equity holders of the parent company of PHP 457,557,000 for the same quarter a year ago. For the nine months period, the company reported interest income of PHP 8,477,427,000, net interest income of PHP 7,347,576,000, total operating income of PHP 10,939,472,000, income before income tax of PHP 2,097,349,000, net income attributable to equity holders of the parent company of PHP 1,645,964,000 or PHP 1.46 net cash used in operating activities of PHP 812,213,000, acquisitions of property and equipment of PHP 644,438,000 compared to the interest income of PHP 7,248,155,000, net interest income of PHP 6,100,443,000, total operating income of PHP 10,005,797,000, income before income tax of PHP 1,733,912,000, net income attributable to equity holders of the parent company of PHP 1,731,036,000 or PHP 1.53 net cash used in operating activities of PHP 5,967,659,000, acquisitions of property and equipment of PHP 819,009,000 for the same period a year ago. Return on equity was 10.9% compared to the 12.6% for the same period year ago. Return on assets was 1.4% compared to the 1.8% for the same period year ago.

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