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Filinvest Development nets P2.9 B

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SCREENGRAB from www.filinvestgroup.com

Filinvest Development Corp. posted a 9-percent year-on-year drop in first-semester net profit to P2.9 billion due to lower earnings of its banking subsidiary.

Posted: August 13th, 2014 in Latest Business Stories | Read More »

Eastwest Bank to sell P5B in preferred shares

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Gotianun-led East West Bank plans to raise as much as P5 billion from the sale of preferred shares, bracing for growth opportunities amid stringent capital adequacy requirements under the Basel 3 framework.

Posted: April 15th, 2014 in Headlines,Uncategorized | Read More »

East West Bank eyes P5B in sale of preferred shares

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Screengrab from https://www.eastwestbanker.com/

The Gotianun-led East West Bank plans to raise as much as P5 billion from the sale of preferred shares, bracing for growth opportunities amid stringent capital adequacy requirements under the Basel 3 framework.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

Gotianun bank net profit rose 13.2%

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Gotianun-led East West Bank expanded its net profit last year by 13.2 percent to P2.1 billion on above-industry loan growth and margins alongside the growth in other core businesses.

Posted: March 18th, 2014 in Headlines | Read More »

EW Bank increasing capital by P10B

East West Bank plans to beef up its capital by as much as P10 billion to prepare the bank for future growth amid stiffer capital adequacy requirements under Basel 3.

Posted: September 27th, 2013 in Headlines | Read More »

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