EastWest looking to sustain growth momentum in 2025

East West Banking Corp. is looking to sustain its current growth momentum in the fourth quarter and next year, focusing on long-term consistency, loan expansion and operational efficiency.

- KEISHA TA-ASAN

In an interview on the sidelines of the 2024 BSP-IMF Systemic Risk Dialogue in Cebu, EastWest CEO Jerry Ngo said the bank's strategy is to prioritize sustainable performance across its operations.

"We want to keep the pace, keep it going," Ngo told reporters. "It's not just about up and down growth - what (we) want is a robust clip that (we) can sustain over a long period of time."

He said he remains optimistic about the country's economic outlook and growth prospects for next year, citing the Philippines' demographic advantages as a vital growth driver.

"Macro-wise, the outlook continues to be positive. Our demographic window will sustain the country very well," he said.

This favorable environment, coupled with EastWest's strategic focus, positions the bank to continue delivering value to its clients while navigating the competitive financial landscape.