Tag: OFBank
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New Bill Aims to Strengthen Digital Banking for Filipinos Overseas
MANILA – In a move to enhance financial services for Filipinos abroad, KABAYAN Partylist Representative Ron Salo has introduced House Bill No. 11424, known as the Overseas Filipino Bank Act. The legislation, filed on February 4, aims to solidify the role of the Overseas Filipino Bank (OFBank) as the leading digital bank catering to the…
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Senator Padilla Calls for Review of OFBank and LandBank Merger Proposal
Senator Robinhood Padilla has introduced a resolution in the Senate to scrutinize the proposed merger between the Overseas Filipino Bank (OFBank) and the Land Bank of the Philippines (LandBank). The senator emphasized the distinct roles of the two banks, with OFBank dedicated to serving overseas Filipino workers (OFWs) and LandBank focused on supporting the agricultural…
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