East West Banking Corp.
PPSE:EW9.77
PHP
-0.04
(-0.41%)
ISIN
PHY223581083
CUSIP
Y22358108
Return %
Stock
S&P 500
1Y
-14.45
14.20
3Y
2.73
81.12
5Y
1.35
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Jerry Go Ngo
- Full Time Employees
- 8,666
- Sector
- Finance
- Industry
- Regional banks
- Address
- Taguig City Philippines
- IPO Date
- May 7, 2012
- Website
- eastwestbanker.com
- Similar Companies
- Business
- East West Banking Corporation provides a broad range of universal, commercial, retail, and corporate banking products and services to individuals, small and medium-sized enterprises, and corporate clients in the Philippines. The company operates through four principal business segments: Retail Banking, Corporate Banking, Consumer Lending, and Treasury and Trust. Its deposit products and cash management services include demand, savings, checking, and time deposit accounts; foreign currency denominated deposits; payroll services; liquidity management; and automated clearing house and collection solutions. Its consumer and retail lending portfolio comprises auto loans; residential mortgage and real estate loans; personal and salary loans; and credit card products under the Visa, Mastercard, and JCB brands. The company's corporate and commercial financing offerings encompass working capital financing; short- and long-term loans; revolving credit facilities; trade finance, including letters of credit, trust receipts, and export financing; project finance; and loan syndication. In addition, East West Banking Corporation provides treasury and market solutions, including foreign exchange trading, fixed income securities distribution, derivatives, interest rate hedging, and money market placements; trust and asset management services, such as unit investment trust funds, investment management accounts, living trusts, employee benefit and retirement fund administration, and escrow services; and bancassurance products comprising life, health, and non-life insurance through its joint venture EastWest Ageas Insurance. The company also offers digital banking services via the EastWest Online portal and EasyWay mobile banking application. In recent developments, East West Banking Corporation has accelerated its digital transformation initiatives by upgrading its core digital infrastructure, enhancing the EasyWay mobile platform, and introducing advanced omnichannel transaction capabilities to streamline consumer loan processing and retail onboarding. The bank has expanded its capital market activities through multi-billion-peso fixed-rate bond issuances under its funding programs to support continuous loan growth and optimize its liquidity structure. Furthermore, the company has deepened its bancassurance partnership with Ageas to scale digital life insurance distribution, expanded its nationwide branch and automated teller machine network across key commercial hubs in Luzon, Visayas, and Mindanao, and reinforced its salary lending and micro-lending operations through its specialized subsidiary, East West Rural Bank, Inc. East West Banking Corporation operates primarily through a comprehensive nationwide network of branches, automated teller machines, and digital touchpoints across the Philippines. The company was founded in 1994, is a subsidiary of Filinvest Development Corporation, and is headquartered in Taguig City, Philippines.