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EastWest Bank was created on August 14, 1988. 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.
In 1973, East West Federal Bank was founded as a federal savings and loan association, focused on serving the Chinese American community in Southern California. [12]In 1991, during the savings and loan crisis, the company acquired Pacific Coast Savings, [13] [14] [15] which increased the bank's assets from $600 million to $1 billion and expanded operations to San Francisco, California.
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East West Bancorp is the parent company of East West Bank. It is a publicly owned company with nearly $70 billion in assets as of December 31st 2023. [ 1 ] The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023. [ 2 ]
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Bashundhara Group [1] (Bengali: বসুন্ধরা গ্রুপ) is a Bangladeshi conglomerate. [2] It was incorporated in 1987 [3] as a real estate company under the name East West Property Development Ltd (EWPD).