Top line growth was driven by both its real estate operations, largely composed of subsidiaries Filinvest Land, Inc. (FLI) and Filinvest Alabang, Inc., as well as its financial and banking services…
Author: Filinvest Development Corporation
FDC Gets SEC Approval for Php 7 Billion Fixed Rate Bonds
FDC is offering the fixed-rate retail bonds with a term of ten years. The bonds will be issued in minimum denominations of Php50,000 each, and in integral multiples of Php10,000 thereafter. The bonds…
FDC Issuing Php 10 Billion Worth of Bonds
BANKING
A significant share of growth came from EWB which reported a 28% increase in net income yearon-year, before eliminating entries. Net interest income increased by 41% to Php6.1 Billion, the…
FDC’s net income rose 26 percent in 3Q 2013
Top line performance was largely driven by its listed subsidiaries, East-West Bank (EWB) and Filin vest Land, Inc. (FLI) which contributed 87% of total revenues, or 44% and 43% respectively. Sugar…
Press Release: East West Bank Looks Back on a Great Year and Looks Forward to a Greater One
Last year, the bank made great strides in its core businesses which exhibited healthy growth. Unaudited figures as of December 2011 show that bank deposits grew by 16.9% year-on-year while corporate…
Press Release: East West Bank Strong Registers Strong Performance in First Ten Months of 2011
Net Interest Income went up by P404 Million or 11.4% to P3.9 Billion for October 2011 as the Bank continued its gains in its lending businesses and management of its cost of funds….
Eastwest Bank acquires Green Bank; Gets Green Light from BSP
“We intend to create synergies in the branch channel by finding areas of cooperation between the two banks within the regulatory framework. We think that over time, it will be optimal to integrate…
Press Release: EastWest Bank Post 1H 2011 Net Income of P884M
Total consumer loans (loans to individuals) for the period reached P 21.8 Billion, increasing by a hefty 13.7% against 2010’s P19.2 Billion on account of strong performances of the…
Press Release: FDC 2011 mid-year net income registered a 26% growth.
The Group sustained its growth in terms of revenues in the first half of the current year as total revenues amounted to P10.58 billion which is 21% higher than same period of last year’s P8.7 billion…