February 18, 2018 2:43 AM ET

Banks

Company Overview of East West Banking Corporation

Company Overview

East West Banking Corporation, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual and corporate clients in the Philippines. It operates through Retail Banking, Corporate Banking, Consumer Banking, and Treasury and Trust segments. The company offers savings, checking, time deposit, foreign currency deposit, ChequeMax, and ChequeMax Rewards accounts; and auto, home, salary, personal, business, and pre-owned cars and property loans. It also provides debit, credit, and prepaid cards; investment products, including money market funds, bond funds, equity funds, government securities, and corporate bonds; cash management services;...

The Beaufort

5th Avenue corner 23rd Street

5th Avenue, corner 23rd Street

Bonifacio Global City

Taguig,  1634

Philippines

Founded in 1994

6,986 Employees

Phone:

63 2 575 3888

Key Executives for East West Banking Corporation

East West Banking Corporation does not have any Key Executives recorded.

East West Banking Corporation Key Developments

East West Banking Corporation Announces Amendments to By-Laws

East West Banking Corporation announced amendments to By-Laws. The company amendment to Article V Officers: Section 1 and Section 2; Article VI Powers and Duties of the Officers: Section 1, 2, 3, 4, 5 and 6. The amendments are to cover future changes in the corporate officer ships of the Bank, to grant the Board the power to create additional offices and in the process elect or appoint new officers to fill up the created offices, as they become necessary. The absence of such provision in the By-Laws bars the Board to exercise the power to create new offices without amending the By-Laws. Further, the separate designation of officers in the By-Laws will allow the Board to combine two or more positions by the same persons as long as the positions are compatible. Expected date of filing the amendments to the Articles of Incorporation with the SEC is February 9, 2018.

East West Banking Corporation Announces Amendments to Articles of Incorporation

East West Banking Corporation announced amendments to Articles of Incorporation. Article no. 6 amendment to “The number of directors of said corporation shall be 11 and the names, residences and citizenship of the directors of the corporation who are to serve until their successors are elected and qualified as provided by the By-Laws are as follows:” Article no. 7 amendment to “The total authorized capital stock of the Corporation is Pesos: PHP 50,000,000,000.00 and said capital shall consist of 4,500,000,000 common shares with par value of PHP 10.00 per share and 500,000,000 preferred shares with par value of PHP 10.00 per share”. To enhance board's effectiveness in conducting its business and to provide flexibility to the Bank for future capital requirements. Expected date of filing the amendments to the Articles of Incorporation with the SEC is February 9, 2018.

East West Banking Corporation, Board Meeting, Jan 25, 2018

East West Banking Corporation, Board Meeting, Jan 25, 2018. Agenda: to approve the date for the 2018 annual stockholders' meeting; and to approve the issuance of up to aggregate amount of PHP 15,000,000,000.00 of long term negotiable certificates of time deposits, to diversify its funding sources as part of its overall liability management.

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