Category: EastWest president and CEO Antonio C. Moncupa Jr.

Manny Pacquiao signs endorsement deal with EastWest Bank

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In the midst of preparing for his long-awaited fight with Floyd Mayweather, Manny Pacquiao signed a new endorsement deal with EastWest Bank, a subsidiary of Gotianun-led Filinvest Development Corporation and one of the country’s fastest-growing banks.

Pacquiao said of his new endorsement, “I am proud to represent EastWest, a young bank that dreams big and works really hard to reach its goals, just like me.”

Like Pacquiao, EastWest Bank’s climb to success has been more than phenomenal. The universal bank started humbly with just a small network of branches, but aggressively expanded and grew to 405 branches.

EastWest CEO Antonio C. Moncupa Jr. said that the bank could not have chosen a better brand endorser than the world-renowned boxing champ.

“Pacquiao is a hero who embodies the excellent qualities of the Filipino spirit. Starting as an underdog, he has fought with bigger opponents and emerged as one of the greatest boxing champions the world has ever had.

“He has always been focused, disciplined and determined to win; and one who humbly dedicates his victory to God and country,” Moncupa said during the bank’s contract signing with the premier athlete.

By offering excellent products and services and investing in technology and training, EastWest has demonstrated as well the bank’s drive to excel. Like Pacquiao, EastWest’s spot-on strategies will allow the bank to leverage its momentum to be, pound-for-pound, one of the country’s best banks.

EastWest signs RMB business accord with Bank of China Manila branch

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EastWest Bank-Bank of China sign deal. At the signing ceremony were (from left) EastWest treasury group head and SVP Manuel Goseco, EastWest president and CEO Antonio C. Moncupa, Jr., Bank of China Manila Branch general manager Deng Jun and Bank of China Manila Branch assistant general manager Lin Sheng Qiang.

EastWest Bank, one of the fastest growing banks in the country today, recently signed a Renminbi (RMB) business agreement with Bank of China Manila Branch at the EastWest Corporate Center in Bonifacio Global City. Under this agreement, Bank of China shall act as the clearing bank which will service the RMB notes requirements of EastWest.

The EastWest Renminbi Savings Account allows its holders to trade with parties who conduct their businesses in RMB, eliminating exposure to foreign exchange fluctuations. EastWest currently offers its RMB savings account in five branch stores: 168 Mall, Baclaran, Binondo, Del Monte and in its flagship branch store – The Beaufort. Rimini is the currency of the People’s Republic of China consisting of yuan.

EastWest opened its doors to the public on August 1, 1994. The bank is a subsidiary of the Filinvest Development Corporation (FDC), the publicly listed holding company of the Filinvest Group that evolved from a consumer business founded by Andrew L. Gotianun, Sr. in 1955. FDC is one of the country’s premier conglomerates, with business interests in real estate, banking, sugar, hospitality and tourism, and power-generation. Through the years, EastWest Bank has successfully capitalized on the financial strength and synergy from the business organizations under the Filinvest Group. As it continues to register strong business performance, EastWest remains committed in making good things happen for its clients.