East West Banking Corporation (EastWest) has launched its Voluntary Personal Equity and Retirement Account (PERA) Contribution Program, giving employees a convenient way to save and invest through accredited PERA products.
Introduced bank-wide during EastWest’s townhall on April 16, 2026, the program reflects the Bank’s continuing commitment to financial literacy, employee well-being, and long-term financial resilience.
This is also in support of the Bangko Sentral ng Pilipinas (BSP)’s direction to encourage businesses nationwide to adopt company-sponsored Personal Equity and Retirement Account (PERA) programs, leveraging enhanced tax incentives under the Capital Markets Efficiency Promotion Act (CMEPA) to invest in their employees while contributing to national economic growth.
Under the PERA initiative, eligible EastWest employees are given the opportunity to participate in the program by providing express authorization that allows the Bank to make contributions on their behalf, together with their own personal contributions. Participation is fully voluntary, with the Bank facilitating awareness and onboarding support.
To simplify the process, EastWest has partnered with DragonFi Securities Inc., an SEC-supervised PERA Administrator, to provide guided account setup, investment options, digital tools, and educational resources. The program remains non-exclusive, allowing employees to choose other accredited PERA Administrators.
The initiative reflects EastWest’s pioneering role in employer-facilitated PERA participation and broader efforts to encourage long-term savings among Filipino workers.
“Financial empowerment is not only about access to products. It is also about building the knowledge and confidence to plan ahead,” said Jerry G. Ngo, CEO of EastWest. “By facilitating access to PERA, EastWest is helping employees take a more active role in shaping their long-term financial future.”
The Voluntary PERA Contribution Program forms part of EastWest’s broader commitment to helping its people build sound financial habits and prepare with greater confidence for the years ahead.