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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 »

PH markets bracing for rough ride ahead

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Antonio Moncupa Jr. INQUIRER file photo

Local financial markets are bracing for a very rough ride when trading resumes Thursday after a three-day break that forced them out of the action while other Asian emerging markets wrestled against capital flight arising from anticipated tapering of US easy money policy.

Posted: August 21st, 2013 in Latest Business Stories | Read More »

East West Bank nets P1.28 B in first sem

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EAST West Bank CEO Tony Moncupa

East West Bank grew its first semester net profit by 40 percent year-on-year to P1.28 billion as the bank generated higher revenues from lending, securities trading and fee-based services.

Posted: August 6th, 2013 in Latest Business Stories | Read More »

East West raises P5B from deposit issue

Gotianun-led East West Bank is raising as much as P5 billion from the issuance of long-term deposits, taking advantage of excess cash in the financial system to boost funds for relending.

Posted: July 26th, 2013 in Headlines | Read More »

East West Bank’s net profit grew 60% to P735-M in Q1

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EastWest Bank logo 2011

Gotianun-led East West Bank grew its first quarter net profit by 60 percent to P735 million from a year ago on higher interest margins alongside a surge in fee-based and trading income.

Posted: May 8th, 2013 in Latest Business Stories | Read More »

East West Bank doubles branches to 245

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MANILA, Philippines—The Gotianun-led East West Bank doubled the number of its branches to 245 in 2012 in line with plans to build a 350-strong local distribution channel to support further growth objectives by 2014.   In a disclosure posted on the Philippine Stock Exchange on Monday, EastWest said it opened 123 new branches—which the bank [...]

Posted: January 2nd, 2013 in Latest Business Stories | Read More »

Top CEOs bullish on Philippines

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A Filipino trader blows a horn during the last day of trading this year at the Philippine Stock Exchange in the financial district of Makati on Dec. 28, 2012. 2012 is claimed to be one of the best years ever for the Philippine economy, with the GDP expected to surpass 5 to 6 percent and the stock market ending the year on its 38th record high.  AP/AARON FAVILA

The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.

Posted: December 30th, 2012 in Latest Business Stories,Photos & Videos | Read More »

East West Bank sells P1.5B in deposit notes

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EastWest Bank logo 2011

Gotianun-led East West Bank has raised P1.53 billion from its initial issuance of long-term high-yielding deposits, an initiative meant to boost the bank’s liability management.

Posted: November 26th, 2012 in Latest Business Stories | Read More »

East West Bank sees P1.8B profit this year

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EastWest Bank logo 2011

Gotianun-led East West Bank sees its 2012 net profit hitting P1.8 billion on the back of a double-digit growth in loans and an above-industry loan margin.

Posted: October 24th, 2012 in Latest Business Stories | Read More »

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