SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 18, 2021

2. SEC Identification Number

ASO94-002733

3. BIR Tax Identification No.

003-921-057

4. Exact name of issuer as specified in its charter

EAST WEST BANKING CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

The Beaufort, 5th avenue corner 23rd St. Bonifacio Global City, Taguig Postal Code 1634

8. Issuer's telephone number, including area code

+632 8575 3888

9. Former name or former address, if changed since last report

NA

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	2,249,975,411

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

East West Banking CorporationEW

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Article

Source	BusinessMirror (Online Edition)
Subject of News Report	EastWest shares to track probe of missing funds
Date of Publication	Jan 18, 2021

Clarification of News Report
This is in response to your query dated 18 January 2021 seeking clarification on news article entitled “EastWest shares to track probe of missing funds” posted in BusinessMirror (Online Edition) on January 18, 2021. The article reported in part that: “. . . . The Gotianun-led bank confirmed late Thursday that “a branch manager of ours has gone missing together with the deposits of her two customers with whom she had been transacting for years.” While EastWest did not disclose the amount due to confidentiality, the bank said it was “not significant.” However, ACT-CIS Party-list representative Niña Taduran claimed in a radio interview that an EastWest branch lost money worth hundreds of millions of pesos owned by two depositors. . . . .” By way of response to your query, we confirm that a branch manager of EastWest Bank has gone missing. Furthermore, we cannot disclose the amount involved due to customer confidentiality and bank secrecy. We have been in touch with the two affected depositors and they have been informed that an internal investigation is ongoing. While the investigation is not yet completed, the subject claims is not significant in relation to the Bank’s earnings and total resources. We take this opportunity to reiterate that EastWest will always stand by its commitment to protect depositors’ and customers’ money and will promptly return any missing deposits once the amount is established. We hope you find the foregoing in order. Thank you.
Other Relevant Information
Please see attached