Overseas Filipino Bank

[2] The report was submitted to the Philippine Commission in 1904, which subsequently recommended the establishment of the bank.44 in September 2017 which mandates the Philippine Postal Corporation and the Bureau of the Treasury their PostBank shares to Land Bank at zero value.[7] On June 29, 2020, Land Bank of the Philippines virtually launched the Overseas Filipino Bank (OFBank) which aims to help Filipinos employed abroad to send money back to the Philippines faster.The virtual launch includes the presentation of OFBank’s new offerings such as digital accounts opening platform catering to OFWs, other Overseas Filipinos (OFs), and their families or beneficiaries, as well as the improved website and official Facebook page.As it is a digital-only bank, OFWs and their beneficiaries can just submit all requirements online through OFBank's mobile app.
President Rodrigo Duterte (4th from left) leads the unveiling of the logo of the Overseas Filipino Bank (OFBank) during the launching on January 18, 2018, at the Postbank Center in Manila .
Facade in May 2023
State-ownedManilaPhilippinesNet incomeParentPhilippine Postal CorporationLand Bank of the PhilippinesbranchlessDevelopment Bank of the Philippinesthrift banksOverseas FilipinosOverseas Filipino WorkersubsidiaryRodrigo DuterteWilliam Howard TaftPhilippine CommissionRepublic ActPhilPostOverseas Filipino WorkersBangko Sentral ng Pilipinascentral bankPhilippine Competition Commissiondigital-only bankPresidentList of banks in the PhilippinesDigital banks in the PhilippinesThe Manila TimesManila BulletinBanks in the PhilippinesAsia United BankChinabankEastWest BankMetrobankPhiltrustSecurity BankUnionBankAl-Amanah Islamic Investment Bank of the PhilippinesLandbankBank of CommerceChinatrustMaybankStandard CharteredVeterans BankChina Bank SavingsCitySavingsCitystatePSBankQueenbankSecurity Bank SavingsGoTyme BankAllied BankBanco FilipinoCitibankEquitable PCI BankExportbankInternational Exchange BankPlantersbankDepartment of Migrant WorkersCommission on Filipinos OverseasDepartment of Labor and EmploymentPhilippine Overseas Employment AdministrationDepartment of Foreign AffairsOverseas Workers Welfare AdministrationKidnapping of Angelo dela CruzSarah BalabaganFlor ContemplacionMary Jane Veloso2018 Kuwait–Philippines diplomatic crisisDeath of Jeanelyn VillavendeMurder of Jullebee RanaraDeployment bansOverseas Employment CertificateEconomy of the PhilippinesForeign relations of the Philippines