East West Banking Corporation (EastWest) is planning a ₱9 billion Stock Rights Offering (SRO) to strengthen its capital base and fund strategic growth, including investments in digital technologies and expansion of its banking businesses.
The proposed offering was approved by EastWest’s Board of Directors on August 27, 2026 and will be backed by major shareholders Filinvest Development Corporation and FDC Ventures, Inc. The transaction remains subject to regulatory approvals, including those from the Bangko Sentral ng Pilipinas and the Philippine Stock Exchange.
Digital technology among key investment areas
EastWest said proceeds from the offering will support several growth initiatives, including the expansion of its wealth and priority banking services, loan growth across retail and business segments, and investments in transformative digital technologies.
The planned technology investments come as banks increasingly rely on digital platforms and technology-enabled services to improve customer experiences, expand financial services, and compete in a rapidly evolving financial landscape.
As of June 2026, EastWest reported total assets of ₱623.9 billion and a consumer loan portfolio of ₱337.6 billion.
The final offer size, entitlement ratio, offer price, record date, and timetable will be announced after the necessary regulatory approvals are secured.
EastWest CEO Jerry G. Ngo said the additional capital will support the bank’s next phase of growth while strengthening its balance sheet and enabling it to pursue strategic opportunities.
AB Capital Investment Corporation has been appointed Issue Manager and Sole Underwriter for the proposed offering.
