EastWest Bank profit hits P6.1B in 2023

MANILA, Philippines. — The Gotianun family’s EastWest Bank saw its net income soar 32 percent to P6.1 billion in 2023 on robust consumer leading and noninterest earnings. By the end of the year, the bank’s return on equity stood at 9.5 percent. Net revenue in 2023 also rose 26 percent to P35.7 billion, mainly driven
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