EastWest Bank

EastWest Bank is a leading financial institution in the Philippines, known for its focus on consumer lending and strategic partnerships. The bank recently launched a Puregold co-branded credit card and appointed Olympic gold medalist Carlos Yulo as its brand ambassador. With the US dollar weakening against the peso, EastWest CEO Jerry Ngo expressed confidence that potential interest rate cuts by the Bangko Sentral ng Pilipinas will further support loan growth and economic activity.

This is an AI-generated summary based on recent coverage.
Last updated at April 24, 2025.

Recent stories about EastWest Bank

JGFP Inter-Club champ starts, 37 teams vie including 7 internationals

The 2025 Junior Golf Foundation of the Philippines (JGFP) Inter-Club championship begins on April 11 at the Mimosa Plus Golf Course in Clark Freeport Zone, Pampanga, featuring a total of 37 teams including seven international squads.
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FDC reports 36% net income growth to ₱12.1B

Filinvest Development Corporation (FDC), an investment holding company of the Gotianun Group, reported a 36 percent increase in attributable net income to ₱12.1 billion last year from ₱8.9 billion in 2023.
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EastWest Bank reports record P7.6B net profit in 2024

EAST WEST Banking Corp. (EastWest Bank) reported a record net profit of P7.6 billion in 2024, marking a 25% increase from the previous year.
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Singapore Airlines launches Iloilo-Singapore flights, expands services

Singapore Airlines expressed optimism about growth in the Philippine market this year, attributing increased travel interest to a growing economy and more people seeking leisure destinations abroad.
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EastWest Bank expects 30% consumer lending growth this year

East West Banking Corporation's executive vice president and head of consumer lending, Lawrence Lee, expressed optimism about a 30-percent expansion in consumer lending this year.
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Carlos Yulo named PSA Athlete of the Year, IAM Worldwide brand ambassador

Two-time Olympic gold medalist Carlos Yulo, set to be honored as the Philippine Sportswriters Association's (PSA) 2024 Athlete of the Year for his achievements in the Paris Olympics, has been named a brand ambassador for IAM Worldwide Corporation's Amazing Choco Barley drink.
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BAP, BSP launch enhanced Peso IRS market

The Bankers Association of the Philippines (BAP) and the Bangko Sentral ng Pilipinas (BSP) launched an enhanced Peso Interest Rate Swap (Peso IRS) market on Monday, November 18.
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EastWest Bank reports 49% year-on-year net income growth

EAST WEST Banking Corp. (EastWest Bank) reported a 49% year-on-year increase in net income to P2.3 billion for the third quarter, with total profit growth of P5.8 billion for the first nine months.
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EastWest launches updated EasyWay app with enhanced security and features

EastWest Bank launched an updated version of its EasyWay mobile app, featuring enhanced security and user-friendly features aimed at attracting more Filipino users.
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FDC reports 41% jump in H1 net income to P5.5B

Filinvest Development Corp. (FDC), led by GOTIANUN, reported a 41% increase in first-half attributable net income to P5.5 billion from P3.9 billion last year.
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