At the dawn of the new millennium, EastWest took advantage of acquisition opportunities.
The bank acquired Ecology Savings Bank, Inc. in August 2003 and became the sixth largest credit card issuer and one of the largest in auto financing when it acquired AIG PhilAm Savings Bank (AIGPASB) in 2009. Two years later, it further expanded its branch network when the bank acquired Green Bank of Caraga, Inc. in August 2011.
It was in November 2011 when EastWest received its universal banking license from the Bangko Sentral ng Pilipinas. The universal banking license allowed the bank to offer a wider range of financial products and services directed to serve the consumer and corporate middle-market market segments better.
2012 was a pivotal year as new strategic plans began to take shape. The bank became a publicly-listed bank through an initial public offering, raising around Php4.8 Billion in May 2012. The IPO was the first by a Philippine bank in eight years.
The year also marked another milestone with the acquisition of Finman Rural Bank, Inc. in June 2012. EastWest widened its footprint nationwide and made its banking operations more efficient. It was also during the year when EastWest moved to its current corporate offices in Bonifacio Global City in Taguig.
In 2012, EastWest also started to refer to its branches as stores which serve as one-stop-shops that satisfy the financial needs of customers with a complete line of financial products and services.
During this period, EastWest embarked on an aggressive store expansion program and opened more stores in an unprecedented pace, opening 22 in a single day and ending the year with 100 additional stores. This expansion program was not only to serve more customers nationwide but also to create more value for them. Aside from new store openings, it also launched its mobile ATM and boosted its ATM network.