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July 31, 2019

EAST WEST BANK PHILIPPINES

East West Bank, more formally known as East West Banking Corporation, is the tenth largest privately owned domestic bank in the Philippines in terms of assets. It is a member of the Filinvest Group, one the largest conglomerates in the Philippines founded by the late tycoon Andrew Gotianun. Its headquarters is at The Beaufort, a condominium building by Filinvest in Bonifacio Global City.

East West Banking Corporation, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual and corporate clients in the Philippines. It operates through Retail Banking, Corporate Banking, Consumer Banking, and Treasury and Trust segments. The company offers savings, checking, time deposit, and foreign currency deposit accounts; and auto, home, salary, personal, business, and pre-owned cars and property loans. It also provides debit, credit, and prepaid cards; investment products, including money market funds, bond funds, equity funds, government securities, and corporate bonds; cash management services comprising payroll, disbursement, collection, liquidity management, and other services; and fund and investment management, custodianship, administration and collateral agency services, and stock and transfer agency services.

In addition, the company offers corporate credit facilities, including working capital loans and facilities, inventory financing, guarantees, bills purchase line products, and trade finance services; trust products, such as corporate solutions, wealth management, investment funds, and other fiduciary services; treasury products, such as fixed income securities and foreign exchange products; and small medium enterprise banking services, such as revolving credit facility, trade checking discount line, revolving promissory note line, and term loan services, as well as Internet, mobile, and phone banking services. As of December 31, 2017, it served customers through a network of 388 branches and 572 ATMs. The company was founded in 1994 and is headquartered in Taguig, the Philippines. East West Banking Corporation is a subsidiary of Filinvest Development Corporation.

Auto Loan

If East West Bank is your financial partner in purchasing your BRAND NEW or SECOND-HAND VEHICLE you will enjoy simpler and faster loan processing and avail of low interest rates. PLUS, experience the following advantages:

  • Wide Acceptability of Vehicles
  • Affordable Down Payment
  • Easy-on-the-Pocket Amortization
  • Flexible Payment Terms of 12 months to 60 months
  • Convenient Payment Options:
  • Issuance of Post-Dated Checks (PDCs)
  • Automatic Debit Arrangement (ADA) against an East West Bank deposit account

Application Requirements

Individual

  • Completely filled-out Application Form
  • Income Tax Return
  • Certificate of Employment if employed

If engaged in Business:

  • Business Registration Certificate
  • Business Permit
  • Financial Statement (for the last 3 years)
  • Bank Reference/Statements
  • Proof of other Income Sources
  • Identification Papers e.g. Driver’s License, SSS/GSIS cards, Company ID, Passport, etc.

Corporate

  • Completely filled-out Application Form
  • Financial Statements for the last 3 years (both Audited and In-House)
  • Articles of Incorporation
  • By-laws
  • List of Major stockholders, addresses and ownership
  • List of principal officers, positions, and addresses
  • Company Profile
  • Business write-up
  • Trade References – at least 3 major suppliers and 3 major clients
  • Bank References (Deposit Accounts; Credit Lines and existing/paid loans)
  • Bank Documents
  • Chattel Mortgage/Promissory Note
  • Disclosure Statement

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