EastWest Bank is a prominent financial institution in the Philippines, known for its commitment to providing a wide range of financial products and services to individuals and businesses. Established in 1994, the bank has since grown to become a trusted partner in helping Filipinos achieve their financial goals.
|EastWest Bank Headquarters
With a strong focus on customer satisfaction, innovation, and community development, EastWest Bank has earned its reputation as a reliable and customer-centric bank in the Philippines.
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EastWest in Details
- Type: Public
- Traded as: PSE: EW
- Industry: Finance
- Founded: Manila, Philippines (1994)
- Founder: Andrew Gotianun
- Headquarters: The Beaufort, 5th Avenue corner 23rd Street, Bonifacio Global City, Taguig, Metro Manila, Philippines
- Number of locations: 490 stores (including its subsidiaries as of 2022), 584 ATMs (2022)
- Services: Banking
- Net income: ₱4.6 billion Increase (2022)
- Total assets: ₱403.8 billion Increase (2022)
- Number of employees: 6,664 (as of 2016)
- Parent: Filinvest Group
- EastWest Rural Bank, Inc.
- EastWest Ageas Life Insurance Corporation
- EastWest Insurance Brokerage, Inc.
- EastWest Leasing and Finance Corporation
- Quest Marketing and Integrated Services, Inc.
- Assurance Solutions Insurance Agency
- Website: www.eastwestbanker.com
EastWest Bank History
The story of EastWest Bank begins in 1994 when it was founded as East West Banking Corporation by a group of entrepreneurs led by Andrew Gotianun, Sr. The bank started as a thrift bank, catering primarily to the needs of small savers and businesses in Metro Manila. Over the years, it steadily expanded its services and reach.
In 1996, EastWest Bank obtained its universal banking license, marking a significant milestone in its growth. This allowed the bank to offer a broader range of financial products and services, including commercial banking, investment banking, asset management, and more.
EastWest Bank's commitment to innovation and customer service has played a pivotal role in its success. The bank introduced various financial innovations, such as online banking and mobile banking, to enhance customer convenience. It also expanded its branch network and ATM presence, making its services easily accessible to customers across the Philippines.
Today, EastWest Bank continues to evolve and adapt to the changing financial landscape, ensuring it remains a competitive and customer-centric institution.
Services Offered by EastWest Bank
EastWest Bank offers a comprehensive suite of financial services to cater to the diverse needs of its customers. These services include:
Retail Banking: EastWest Bank provides a wide range of retail banking products, including savings accounts, checking accounts, time deposits, and certificates of deposit. Customers can manage their accounts conveniently through online and mobile banking platforms.
Loans and Credit: The bank offers various loan products, including personal loans, home loans, auto loans, and credit cards. With flexible terms and competitive interest rates, EastWest Bank assists customers in achieving their financial goals, whether it's buying a home, a car, or pursuing further education.
Investment and Wealth Management: EastWest Bank's wealth management services help clients grow and protect their assets. It offers investment products, trust services, and insurance solutions to assist customers in building a secure financial future.
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Business Banking: EastWest Bank supports the needs of businesses with a range of services, including business loans, cash management solutions, corporate accounts, and trade finance. It serves businesses of all sizes, from small enterprises to large corporations.
Online and Mobile Banking: The bank's digital platforms provide customers with convenient access to their accounts, enabling them to perform various transactions, pay bills, transfer funds, and manage their finances from the comfort of their homes or on the go.
International Banking: EastWest Bank facilitates international transactions, foreign exchange services, and trade financing, making it a trusted partner for businesses engaged in global trade.
Community Involvement: Beyond its financial services, EastWest Bank is committed to giving back to the community through various corporate social responsibility initiatives, supporting education, healthcare, and environmental conservation.
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EastWest Bank's journey from its humble beginnings to its current stature as a trusted financial institution reflects its dedication to customer satisfaction, innovation, and community development.
With a diverse range of financial services, a commitment to technological advancement, and a focus on providing solutions that meet the evolving needs of its customers, EastWest Bank continues to be a valuable partner in the financial journeys of individuals and businesses in the Philippines.