East West Banking Corporation has launched a voluntary Personal Equity and Retirement Account (PERA) contribution program for employees, allowing them to save and invest more conveniently through accredited PERA products.
The initiative, introduced during the bank’s April 16, 2026 townhall, aims to strengthen financial literacy and long-term financial security among employees. It also supports the Bangko Sentral ng Pilipinas’s push for more companies to adopt PERA programs following enhanced tax incentives under the Capital Markets Efficiency Promotion Act (CMEPA).
Under the program, employees may voluntarily authorize EastWest to make PERA contributions on their behalf alongside their personal savings. To streamline enrollment and investment access, the bank partnered with DragonFi Securities Inc., an SEC-supervised PERA Administrator, which will provide digital tools, investment options, and financial education support.
EastWest said employees are still free to choose other accredited PERA administrators, keeping the program non-exclusive.
EastWest CEO Jerry G. Ngo said the initiative is designed to help employees build confidence in planning for their financial future.
The program highlights EastWest’s broader effort to encourage long-term savings and retirement preparedness among Filipino workers, while positioning the bank as an early mover in employer-supported PERA participation in the Philippines.
