Company News
The Daily Tribune
18 September 2012

EastWest recently handed over a check worth P200,000 to multi-sectoral group Kilusan para sa Makabansang Ekonomiya (KME). The funds will be used to help flood-hit communities in Malabon, areas critically-affected by floods caused by heavy monsoon rains. Handing over the check to KME chairman Jaime Regalario is EastWest president and CEO Antonio Moncupa Jr. The bank earlier announced that it is providing a payment holiday to credit cardholders from nearby areas and provinces affected by the calamities. EastWest opened its doors to the public on Aug. 1, 1994. The bank is a subsidiary of the Filinvest Development Corp. (FDC), the publicly listed holding company of the Filinvest Group that evolved from a consumer business founded by Andrew Gotianun Sr. in 1955. FDC is one of the country’s premier conglomerates, with business interests in real estate, banking, sugar, hospitality and tourism, and power-generation. Through the years, EastWest Bank has successfully capitalized on the financial strength and synergy from the business organizations under the Filinvest Group.