East West Bank (Philippines) - History

History

EastWest Bank was created on July 6, 1994 as the Philippines' thirty-fourth commercial bank. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest Group of Companies, EastWest Bank opened to the public along Senator Gil Puyat Avenue, Makati on August 1, 1994.

EastWest Bank has developed its online banking facilities and has embarked on a full computerization program for a more efficient system to deliver bank products and services. It moved to its present headquarters at the 20th floor of PBCom Tower in November 2001.

In 2004, the Bank received the prestigious Best Website Award in the Banking and Finance category of the 7th Philippine Web Awards, the most coveted award in the field of web design.

EastWest Bank has a network of 129 branches and 145 ATM terminals, this after the merger with the former AIG Philam Savings Bank. The merger resulted in EastWest Bank becoming the sixth largest lender for housing, auto and credit cards in the country.

EastWest Bank joined the Philippine Stock Exchange on May 7, 2012. The bank was later on granted a universal banking license on July 31, 2012.

Read more about this topic:  East West Bank (Philippines)

Famous quotes containing the word history:

    I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.
    Camille Paglia (b. 1947)

    A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.
    Aristotle (384–323 B.C.)

    All history and art are against us, but we still expect happiness in love.
    Mason Cooley (b. 1927)