11 months Overseas Filipino Bank to be relaunched Manilatimes |Biz
The government is eyeing to relaunch the Overseas Filipino Bank (OF Bank) into a branchless digital lender by next year.
Chief Executive Officer Cecilia Borromeo“We are working to transform it into a branchless digital bank. We are in close coordination with the BSP (Bangko Sentral ng Pilipinas),” Land Bank of the Philippines President (LandBank) Chief Executive Officer Cecilia Borromeo said in an interview late last week. A subsidiary of LandBank, OF Bank was launched in January this year. It was described as “the government-owned and -controlled bank with the most extensive branch network that will cater to the needs ... more