 
  Philippines' East West Banking Corp to issue up to PHP5b preferred shares
New ventures also underway.
According to Maybank Kim Eng, East West Banking Corp (EW – BUY) disclosed it will issue up to PHP5b worth of preferred shares which will qualify as additional Tier 1 capital under Basel III rules. Maybank estimates this to boost Tier 1 capital by 3pps to 15.7%. Other details have yet to be disclosed. The bank also plans to engage in bancassurance and non-life insurance as well as establish a wholly-owned finance and leasing company.
 
						 
						 
						 
						![Lorem Ipsum [ABF 1]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/exclusive_featured_article/public/2025-03/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_1.png.webp?itok=2w0y1WhS) 
                                                           
                                                           
                                                          ![Cross Domain [Manu + SBR + ABF + ABR + FMCG + HBR + ]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/exclusive_featured_article/public/2025-01/earth-3537401_1920_4.jpg.webp?itok=WaRpTJwE) 
                                                           
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
								 
						 
								 
						 
								 
								 
						 
						 
                