Filinvest Land
Official Filinvest Development Corporation Logo
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| Industry | Diversified conglomerate with interests in Real estate development and sales, hotel and resort management, commercial banking, financial, insurance, information technology services, refining and milling, and power |
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| Founded | 1955 |
| Founder | Andrew L. Gotianun Sr. and Mercedes T. Gotianun |
| Headquarters | 6th Floor, The Beaufort, 5th Ave corner 23rd St., Bonifacio Global City, Taguig City, Metro Manila 1634, Philippines |
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| Subsidiaries |
East West Banking Corporation EastWest Rural Bank, Inc. FDC Utilities, Inc. Chroma Hospitality, Inc. Filinvest Alabang, Inc. Filinvest Land, Inc. ALG Holdings, Inc. Filinvest Asia Corporation Davao Sugar Central Corporation Pacific Sugar Holdings Cyberzone Properties, Inc. The Palms Country Club Festival Supermall, Inc. EastWest Ageas Life Insurance Corporation EastWest Insurance Brokerage, Inc. EastWest Leasing and Finance Corporation |
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Filinvest Development Corporation (: FDC), is the publicly-listed holding company for the various firms in the Filinvest group. It was established in 1955 in the Philippines by Andrew L. Gotianun Sr. and his wife, Mercedes T. Gotianun, as a used-car financing company. It has holdings in real estate development and leasing, the sales of housing units, and hotel and resort management, banking and financial services, sugar and power. It is based in Metro Manila, Philippines and is owned by the Gotianun family.
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 wholly owned subsidiary of EastWest Banking Corporation and Filinvest Development Corporation. Established in 2013 when EastWest Banking Corporation 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