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In 2020, East West Banking Corporation (EWBC) was one of the few local banks in the Philippines that was granted a license by the Bangko Sentral ng Pilipinas (BSP) to launch a fully-digital bank which will operate under its wholly-owned subsidiary, EastWest Rural Bank, Inc. The new digital banking arm of EastWest will carry the brand name, Komo.
Development Bank of the Philippines (DBP) 973,928.71: 11 East West Banking Corporation (EastWest Bank) 453,875.71: 12 Asia United Bank Corporation (AUB) 341,726.71: 13 Citibank Philippines: 290,927.94: 14 Hongkong & Shanghai Banking Corporation (HSBC) 255,787.58: 15 Bank of Commerce (BankCom) 230,346.51: 16 Philippine Trust Company (Philtrust ...
East West Bank became a state-chartered commercial bank on July 31, 1995. [13] In 1999, the company acquired First Central Bank for $13.5 million in cash. [14] In August 2004, the company acquired Trust Bank, a Chinese American bank based in Monterey Park, California, with four branches and $235 million in assets, for $32.9 million. [15]
EastWest Banking Corporation – is a universal bank in the Philippines known as EastWest Unibank. Its headquarters is at The Beaufort, the flagship luxury condominium project of Filinvest Development Corporation in Bonifacio Global City with extension offices at PBCom Tower Makati (Call Center Division), Hanston Building (Customer Care), and Pasong Tamo Extension (formerly the country head ...
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
CIMB Bank - is a Malaysian-based universal bank that has 1,080 branches throughout Southeast Asia. It has various entities in the region, including CIMB Bank Philippines. CIMB Bank Philippines was established in December 2018 and officially launched in 2019 as an all-digital banking presence. Its mobile app is called OCTO and users are able to ...
Website. www.bankcom.com.ph. Bank of Commerce (PSE: BNCOM), commonly known as BankCom, is a universal bank in the Philippines and licensed by the Bangko Sentral ng Pilipinas (BSP). [1] BankCom is the banking arm of diversified conglomerate San Miguel Corporation (SMC). It has a total network of 140 Branches and 260 Automated Teller Machines ...
Dominic Ng is an American banker. He has served as CEO of Los Angeles–based East West Bank since 1992, and chairman and CEO since 1998, transforming East West from a savings and loan association into an international banking company. In 2023, Ng served as chair of the Asia-Pacific Economic Cooperation Business Advisory Council.