EastWest Bank net grows 32% to P6B

EAST West Banking Corp. saw its net income rise to P6.1 billion last year, up 32 percent from P4.6 billion in 2022 and driven by sustained growth in consumer loans and robust deposit generation. This translated to a return on equity of 9.5 percent, the Gotianun-led bank said in a statement on Thursday. Register to […]

EastWest Bank net grows 32% to P6B

EastWest Bank net grows 32% to P6B thumbnail

Scroll Up

EAST West Banking Corp. saw its net income rise to P6.1 billion last year, up 32 percent from P4.6 billion in 2022 and driven by sustained growth in consumer loans and robust deposit generation.

This translated to a return on equity of 9.5 percent, the Gotianun-led bank said in a statement on Thursday.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.