What Filinvest Development Corporation does

Filinvest Development Corporation is a publicly listed Philippine conglomerate (PSE: FDC) headquartered in Taguig that operates across property development, banking, power generation, and utility services. The company traces its origins to 1955, when it was incorporated as Filinvest Credit Corporation, and has since evolved into a diversified holding entity whose most prominent operating subsidiary is EastWest Banking Corporation, a universal bank focused on consumer finance, deposits, loans, and priority banking.

EastWest Banking runs a 488-store retail network across the Philippines with an 82% CASA ratio, indicating a low-cost, deposit-funded consumer franchise, and has scaled Priority Banking Assets Under Management to Php100bn. In 2025 the subsidiary reported a record Php9.2bn net income, up 21% year-on-year, and declared Php1.8bn in cash dividends for 2026. The bank has also begun a digital buildout, most notably via EW Pay, a partnership with Google Pay that makes EastWest the first Philippine bank to offer NFC tap-to-pay without an e-wallet.

At the consolidated level, Filinvest reported Q1 2026 revenue of ₱30.8 billion (+5.6% YoY) and net income of ₱3.94 billion (+8.0% YoY), consistent with management commentary of ~26% annualized earnings growth over the prior three years. The group has positioned itself around sustainable financing instruments, including sustainability-linked bonds, alongside ongoing investment in digital transformation and operational resilience. Ownership is dispersed across public shareholders on the Philippine Stock Exchange, with no disclosed PE/VC control.

Name

Filinvest Development Corporation

Legal name

Filinvest Development Corporation

Website

https://filinvestgroup.com

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

Filinvest Development Corporation is a publicly listed Philippine conglomerate (PSE: FDC) operating across property development, banking, power generation, and utilities, with EastWest Banking Corporation as its core consumer-banking subsidiary serving retail and priority banking customers across 488 branches.

Ownership category

akta.pro rank

Headquarters

HQ city

Taguig

HQ country

Philippines

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Distribution channels1 record

Core offering

Filinvest Development Corporation is a publicly listed Philippine holding conglomerate that provides diversified services across property development, universal banking, power generation, and utility services. The company delivers integrated consumer and commercial financial services through its wholly-owned subsidiary EastWest Banking Corporation, including deposits, loans, priority banking, and digital payments via EW Pay. It also develops real estate projects and operates energy infrastructure across the Philippines through its various subsidiaries.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 5.6% year-over-year revenue growth to ₱30.8 billion in Q1 2026
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Google PaycoreTechnology or IntegrationEastWest Banking Corporation, the universal banking arm of Filinvest Development Corporation, launched EW Pay featuring Google Pay integration, making it the first bank in the Philippines to offer NFC tap-to-pay without an e-wallet. This partnership enables contactless payment capabilities for customers.

Scale indicators7 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Aboitiz Equity Ventures: Aboitiz Equity Ventures is a Philippine conglomerate with banking (UnionBank), power generation, and real estate operations. Its combination of a tech-forward banking subsidiary with significant power generation makes it a close comparable to Filinvest's mix.
• San Miguel Corporation: San Miguel Corporation is a large Philippine conglomerate spanning food and beverage, power, oil and gas, and infrastructure. While its banking exposure is more limited, it shares the diversified conglomerate model operating across consumer, power, and infrastructure.
• JG Summit Holdings: JG Summit is a Philippine conglomerate with banking (Robinsons Bank), food manufacturing, real estate, and telecom. It is comparable to Filinvest as a diversified Philippine group that combines a banking subsidiary with consumer and property businesses.
• Metro Pacific Investments Corporation: Metro Pacific Investments is a Philippine infrastructure-focused conglomerate with power, toll roads, water, and healthcare. It is comparable to Filinvest for its substantial power generation and utility operations, though its banking exposure is minimal.
• Ayala Corporation: Ayala Corporation is a Philippine conglomerate with banking (BPI), real estate (Ayala Land), telecommunications (Globe), and power/infra holdings. It is comparable to Filinvest due to its similar banking-plus-property-plus-utilities structure and publicly listed conglomerate model on the PSE.
• BDO Unibank: BDO Unibank is the largest universal bank in the Philippines and a direct competitor to EastWest Banking. Both operate consumer-focused banking with growing digital platforms, though BDO has substantially greater scale and branch coverage.
• Union Bank of the Philippines: UnionBank is a Philippine universal bank that has positioned itself as a digital banking leader, comparable to EastWest's EW Pay/Google Pay initiative. Both compete aggressively in digital innovation and consumer banking.
• Security Bank Corporation: Security Bank is a mid-sized Philippine universal bank comparable to EastWest in scale and consumer banking orientation. Both compete in the premium retail and SME banking segments.
• Bank of the Philippine Islands: Bank of the Philippine Islands is one of the largest Philippine universal banks, comparable to EastWest Banking in its consumer banking focus, branch network, and digital banking investments.
• SM Investments Corporation: SM Investments is the largest diversified conglomerate in the Philippines, with operations spanning banking (BDO Unibank), retail, property, and other segments. Filinvest is comparable as both groups combine a universal banking subsidiary with substantial property and consumer-facing businesses in the Philippines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/filinvest

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Filinvest Development Corporation