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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.
Bank name Assets (millions of PHP) Asset change Rank change 1 ... East West Banking Corporation (EastWest Bank) 468,225.98: 12 Citibank Philippines: 375,941.33: 13
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.
SoFi is a personal finance company and online bank with products that include checking and savings accounts. Like Axos Bank, SoFi allows its customers to deposit cash at retail locations that ...
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The bank's parent entity, East West Bancorp, went public in 1999. [9] During his tenure, East West has bought nine financial institutions. [11] East West doubled its assets after the purchase of its closest competitor, United Commercial Bank, in 2009. [1] [8] [11] [12] The acquisition expanded East West to Atlanta, Boston, New York, and Seattle ...