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Tag: banking technology

Industry Verticals News

EastWest proposes ₱9-billion stock rights offering for digital growth

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 […]

Industry Verticals News

EastWest Offers Apple, Samsung Gadgets for Fresh Fund Deposits

EastWest is marking its 32nd anniversary with a technology-focused savings promotion that gives qualified clients the chance to receive premium Apple and Samsung gadgets when they place eligible fresh funds in participating EastWest savings or checking accounts. The EastWest Hot Deals Gadgets Promo runs until September 4, 2026, at EastWest stores nationwide. Clients can choose […]

Enterprise Technology Industry Verticals News

IBM Completes Core Banking Modernization Project With Philippine National Bank

IBM has completed a major core banking modernization initiative with Philippine National Bank (PNB), helping the bank strengthen operational resilience, improve processing efficiency, and modernize its mission-critical infrastructure. The two-year project was delivered in partnership with Croatian consulting firm CROZ and led by IBM Expert Labs. The modernization upgraded PNB’s core banking environment from IBM […]

Industry Verticals News

EastWest Bank Expands Digital Marketplace for Repossessed Cars and Foreclosed Properties

EastWest Bank is strengthening its digital asset marketplace through EasySale, an online platform designed to simplify the buying process for repossessed vehicles and foreclosed properties in the Philippines. As Filipino consumers become more budget-conscious and value-driven, EasySale aims to provide a more transparent and accessible way to explore pre-owned vehicles and bank-acquired real estate assets […]

Industry Verticals News

Salmon Bank Strengthens Leadership Team to Accelerate Tech-Driven Growth Strategy

Salmon Bank has announced key leadership changes aimed at supporting its continued expansion and reinforcing governance as it scales its operations in the Philippines’ digital banking landscape. Raffy Montemayor has been appointed Deputy CEO and Executive Director, transitioning from his previous role as Chairman. In this new position, he will work closely with George Chesakov, […]

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