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EAST WEST Banking Corp. (EastWest Bank) has secured central bank’s approval of its request to exercise its call option on unsecured subordinated notes worth P5 billion, effective next year.
EAST WEST Banking Corp.’s (EastWest Bank) net earnings surged at end-September from higher revenues due to fees, improved margins, higher gains from trading activities, as well as lower credit costs.
RIZAL Commercial Banking Corp. (RCBC) and East West Banking Corp. (EastWest Bank) saw their net incomes decline in the first nine months due to lower trading gains and revenues, respectively.