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OFW eyed in board of Overseas Filipino Bank

/ 07:00 AM December 19, 2017

Labor Secretary Silvestre Bello III is pushing for the appointment of an overseas Filipino worker (OFW) in the soon-to-open Overseas Filipino Bank (OFB).

“I recommended one OFW from land-based sector and another representing sea-based sector [to the Board of Directors],” Bello said.

In September, President Rodrigo Duterte signed EO No. 44, converting the Philippine Postal Savings Bank (PPSB) to the OFB.

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The OFB will provide financial products and services tailored to the requirement of overseas Filipinos. —Tina G. Santos

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TAGS: OFB, ofws, Overseas Filipino Bank, Philippine Postal Savings Bank
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