Gotianun-led East West Banking Corporation (EW) reported a 70 percent drop in net income to P3 billion in the first nine months of the year from P5.1 billion in the same period of 2021 due to lower trading revenues. In a disclosure to the Philippine Stock Exchange, the bank said earnings improved...
East West Banking Corporation’s net income fell 60.5 percent to P1.5 billion in the first half of the year from the P3.8 billion it earned in the same period of 2021, mainly due to the drop in fixed-income trading revenues. In a disclosure to the Philippine Stock Exchange, the bank said gross...
EastWest Bank (EW) reported a 75 percent plunge in net income to P507.6 million for the first three months of 2022 from the P2.0 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said its profits fell primarily due to lower fixed-income trading...
The Annual Stockholders’ Meeting of East West Banking Corporation on Friday, April 22, 2022, at 8:30 A.M. will be held virtually over a secure online meeting platform. In view of the current circumstances, stockholders may only attend the meeting by remote communication, by voting in absentia...
East West Banking Corporation will hold its Annual Stockholders’ Meeting virtually on Friday, April 22, 2022, at 8:30 A.M. In view of the current circumstances, stockholders may only attend the meeting by remote communication, by voting in absentia or through proxy by appointing the Chairman...
EastWest Banking Corp., the banking arm of the Gotianun group, reported a 31 percent drop in net income to P4.5 billion last year from the P6.51 billion earned in 2020. In a disclosure to the Philippine Stock Exchange on Friday, March 18, the bank said this is due to the impact of lower loan...
The pandemic has drastically changed the way of life for most people all over the world. In the Philippines, the steady increase in safety and health measures resulted in a radical adoption of e-commerce, and subsequently, online and digital banking. In many ways, the Filipino community is largely...
While earnings of most banks declined due to higher provisions, Gotianun-led EastWest Bank managed to post a 4 percent growth in net income to P6.5 billion last year from P6.2 billion in 2019. “The pandemic defined EastWest’s operating results in 2020. Lockdowns, social distancing, and limited...
East West Banking Corporation (EW) posted a 28 percent growth in net income to P5.9 billion in the first nine months of 2020 from P4.6 billion in the same period last year as net revenues rose 27 percent to P26.7 billion. In a disclosure to the Philippine Stock Exchange, the bank said...
