EastWest Bank’s H1 profit up 65%
Gotianun-led EastWest Bank grew its first semester net profit by 65 percent year-on-year to P4.5 billion as earnings from core lending and securities trading accelerated at a double-digit pace. This…
Gotianun: EastWest not for sale
East West Bank vice chair and CEO Antonio Moncupa The Gotianun group has refuted rumors that its banking arm, EastWest Bank, is on the auction block. “Filinvest Development Corp. (FDC)…
EastWest to set aside P10B loan loss buffer this 2020
Gotianun-led EastWest Bank plans to book P10 billion in provisions for probable loan losses this year to prepare for the fallout from the coronavirus (COVID-19) pandemic. Before the pandemic erupted,…
EastWest unveils digital banking arm
Komo, EastWest Bank’s new digital banking arm Gotianun family-led East West Banking Corp. has joined the local digital banking race with the launch of Komo, a fully-digital banking platform operating…
EastWest Bank’s Q1 profit up 75%, loan provisioning jacked up
East West Bank vice chair and CEO Antonio Moncupa Gotianun family-led East West Bank grew its net profit in the first quarter by 75 percent year-on-year to P2.3 billion even…