East West Banking Corp 2023 IR
The report highlights EastWest Bank's robust recovery in 2023, returning to pre-pandemic performance levels with a net income growth of 32% to Php 6.1 billion. The bank shifted its asset mix towards higher-earning consumer loans, which grew by 25% and accounted for 80% of total loans. In digital banking, the Komo app doubled its user base, and the bank introduced EastWest Pay, a pioneering in-store contactless payment app. On the sustainability front, the bank completed its Environmental and Social Risk Management Framework in compliance with BSP Circular 1128 and saved over 23 million printed pages by enrolling 97% of active credit cardholders in electronic statements.
Company: East West Banking Corp
Sector: Financials
Country: Philippines
Year: 2023
Type: IR
Pages: 152
Back to company
East West Banking Corp
Annual And Sustainability Report
The report highlights EastWest Bank's robust recovery in 2023, returning to pre-pandemic performance levels with a net income growth of 32% to Php 6.1 billion. The bank shifted its asset mix towards higher-earning consumer loans, which grew by 25% and accounted for 80% of total loans. In digital banking, the Komo app doubled its user base, and the bank introduced EastWest Pay, a pioneering in-store contactless payment app. On the sustainability front, the bank completed its Environmental and Social Risk Management Framework in compliance with BSP Circular 1128 and saved over 23 million printed pages by enrolling 97% of active credit cardholders in electronic statements.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees