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JPMorgan Chase & Co. opened two new Global Service Centers (GSC) in the Philippines this year, as part of its expansion in the country. The two new GSC will provide support for the New York listed company’s business lines and customers around the world, bringing to four the company’s GSCs in the Philippines.

The latest GSC, which opened last week, is located in Bonifacio Global City, and early this year, it opened its GSC in Cebu City. The expansion brings the total employees in the country to more than 9,000, while globally, it now employs close to 240,000 people, which serve 90 million customers all over the globe.

The company however, isn’t through yet, as senior country operations officer Barry Marshall said. He disclosed that they would continue to expand its GSC operations in the Philippines. JPMorgan’s four local facilities provide up to 10,200 seats. The company also has GSCs in other parts of the globe, including the US and Australia.

JP Morgan started operations in the Philippines in 1961, operating only a representative office. Later it expanded its operations into a fully integrated franchise, comprising of investment banking, treasury and securities services, equity sales, and research and trading operations. The company has a commercial-banking and derivatives licenses in the Philippines and a securities company with a seat on the Philippines Stock Exchange (PSE).

For the past five years, JPMorgan’s investments in the country have grown amid its global expansions, with its revenue from local operations rising 36 percent to P579 million last year, from P211 million in 2008.

Senior country officer Roberto Panlilio said, “We continue to be committed to leveraging the talent, creativity and passion of the Filipino people and to building a sustainable culture of innovation and value creation for the firm and its customers around the world.”