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East West Banking Corporation

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East West Banking Corporation

EastWest Bank, more formally known as East West Banking Corporation, is the eleventh largest bank in the Philippines in terms of assets. Gotianun, Sr. in 1955.

It is a member of the Filinvest Group, one of the largest conglomerates in the Philippines founded by the late tycoon EastWest Bank, established in 1994 as a subsidiary of leading Philippine conglomerate Filinvest Development Corporation, is one of the country's largest and fastest-growing banks. With more than 400 stores nationwide, EastWest provides a complete slate of banking services, ranking

in the top five in credit cards, personal loans, and auto loans. EastWest is continually driven to become a world-class bank anchored on service excellence.EastWest Bank is a subsidiary of the Filinvest Development Corporation (FDC), the publicly listed holding company of the Filinvest Group that evolved from a consumer business founded by Andrew L. EastWest Bank has developed its online banking facilities and has embarked on a full computerization program for a more efficient system to deliver bank products and services. In 2004, the Bank received the prestigious Best Website Award in the Banking and Finance category of the 7th Philippine Web Awards, the most coveted award in the field of web design. In 2003, EastWest Bank has a network of 129 branches and 145 ATM terminals, this after the merger with the former AIG Philam Savings Bank. The merger resulted in EastWest Bank becoming the sixth largest lender for housing, auto and credit cards in the country. It has an aggressive expansion plan and it calls its branches stores. EastWest Unibank joined the Philippine Stock Exchange on May 7, 2012.[2] The bank was later on granted a universal banking license on July 31, 2012.[3]

Address

East West Bank Podium Of The Beaufort 5th Avenue Cor. 23rd St. , Fort Bonifacio
Taguig
1634

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Telephone

+6328881700

Website

http://www.eastwestbanker.com

Products

Deposit
Consumer Loans
Treasury
Corporate Credit Facilities
Trust
Cash Management Services
Small and Medium Enterprise Banking

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Our Story

EastWest Bank (PSE: EW), more formally known as East West Banking Corporation, is the eleventh largest bank in the Philippines in terms of assets.[1] It is a member of the Filinvest Group, one of the largest conglomerates in the Philippines founded by the late tycoon Andrew Gotianun. Its headquarters is at The Beaufort, a condominium building by Filinvest in Bonifacio Global City.

HISTORY.

EastWest Bank was created on July 6, 1994. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest Group of Companies, EastWest Bank opened to the public along Senator Gil Puyat Avenue, Makati on August 1, 1994. This was the comeback of the Gotianun's in the banking space after they sold the Insular Bank of Asia and America to PCIBank in 1986 (which was acquired by Equitable Bank forming Equitable PCI Bank which in turn was acquired by Banco De Oro in 2006) and Family Savings Bank to BPI (which was renamed BPI Family Savings Bank).

EastWest Bank has developed its online banking facilities and has embarked on a full computerization program for a more efficient system to deliver bank products and services.

In 2004, the Bank received the prestigious Best Website Award in the Banking and Finance category of the 7th Philippine Web Awards, the most coveted award in the field of web design.

In 2003, EastWest Bank has a network of 129 branches and 145 ATM terminals, this after the merger with the former AIG Philam Savings Bank. The merger resulted in EastWest Bank becoming the sixth largest lender for housing, auto and credit cards in the country. It has an aggressive expansion plan and it calls its branches stores.

EastWest Unibank joined the Philippine Stock Exchange on May 7, 2012.[2] The bank was later on granted a universal banking license on July 31, 2012.[3]

Acquisition of Green Bank of Caraga[edit]

On October 31, 2013, EastWest Bank acquired Green Bank (also known as Green Bank of Caraga), the largest rural bank in the Caraga region in terms of assets. Based in Butuan, Green Bank has been serving the needs of mostly farmers, government and private employees, barangay officials, pensioners and small-scale businessmen. Through Green Bank’s strong branch network in the Visayas and Mindanao, EastWest is able to gain entry into the microfinance business.

Before the asset acquisition, Green Bank, Inc. has been known as a multi-awarded trailblazer in the area of housing microfinance. It was one of the first participating banks under the Microenterprise Access to Banking Services (MABS), a program designed to accelerate national economic transformation by encouraging Philippine rural banks to significantly expand the financial services they offer to microentrepreneurs and low-income households in the countryside. Green Bank was also recognized as among the first to use the services of an independent credit ratings agency to boost its loan quality. Green Bank will be now sold as EastWest Rural Bank (see below), which acquired the good assets of the same defunct bank.