Filinvest Development Corporation
Official Filinvest Development Corporation Logo
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| Industry | Real estate development and leasing, housing unit sales, hotel and resort management, commercial banking, financial and information technology services, refining and sugar milling |
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| Founded | 1955 |
| Founder | Andrew L. Gotianun Sr. and his wife |
| Headquarters | 6th Floor, The Beaufort, 5th corner 23rd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines |
| Website | filinvest |
Filinvest Development Corporation (: FDC), was established in 1955 in the Philippines by Andrew L. Gotianun Sr. and his wife as a used car financing company. The company is a conglomerate that operates subsidiaries involved in real estate development and leasing, the sales of housing units, and hotel and resort management. It also "provides financial, commercial banking, and information technology services", and is involved in refining and sugar milling. It is based in Metro Manila, Philippines and is owned by the Gotianun family of the Philippines. In 2003, the company had a net worth of P6.6 billion.
Filinvest Development Corporation is involved in the hotel and tourism industry, and owns the hotel brands Crimson and Quest, the latter of which is a new value-brand hotel. In September 2014 it was reported that it planned on opening 5,000 hotel rooms within five years. At that time, company officials stated that it had over 1,000 hotel rooms. During this time it was also reported that the company was building seven hotels, two of which will be under the new Quest value brand.
In 1996, the company owned approximately 4,000 acres "of prime real estate around Manila", along with land in Cebu and Fort Bonifacio.
EastWest Banking Corporation is a universal bank in the Philippines known as EastWest Unibank. Its headquarters is at The Beaufort, the flagship luxury condominium project of Filinvest Development Corporation in Bonifacio Global City with extension offices at PBCom Tower Makati (Call Center Division), Hanston Building (Customer Care), and Pasong Tamo Extension (formerly the country head office of Levi's Philippines).
EastWest Rural Bank, Inc. or EWRB is a premiere rural bank and a subsidiary of EastWest Banking Corporation and Filinvest Development Corporation. Established in 2013 when EastWest Bank acquired FinMan Bank, Inc., a 16-year old Pasig based rural bank and Green Bank, Inc. (also known as Green Bank of Caraga), a 46-branch rural bank based in Butuan City. Before its acquisition, it was the largest rural bank in Caraga Region in terms of assets. Its headquarters is located in Pasig City.
FDC Utilities, Inc. (FDCUI), a wholly owned subsidiary of the Filinvest Development Corporation.
All Filinvest hotels are managed through Chroma Hospitality, Inc. (formerly FilArchipelago Hospitality, Inc.), a joint venture with Archipelago International of Singapore. Through Chroma, FDC caters to various segments of the hospitality sector through the 5-star Crimson brand, 3-star Quest brand and Crimson Resort and Spa in Boracay.
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Wikipedia