Overseas Filipino Bank
Bank in the Philippines / From Wikipedia, the free encyclopedia
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The Overseas Filipino Bank (OFBank) is the state-owned digital-only, branchless bank in the Philippines. Formerly known as the Philippine Postal Savings Bank (PPSB) or PostBank, it is the smallest of the Philippines' three state-owned banks (the others being Land Bank of the Philippines and Development Bank of the Philippines), and is the 16th largest thrift banks in terms of assets. Its services are catered to the needs of Overseas Filipinos (OFs), Overseas Filipino Worker (OFWs), and their families or beneficiaries. Since 2018, it has been a subsidiary of LandBank.
Quick Facts Formerly, Company type ...
Formerly | Philippine Postal Savings Bank, Inc (1906-1976, 1994-2018) |
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Company type | State-owned |
Industry | Finance and Insurance |
Founded | Manila, Philippines (May 24, 1906; 117 years ago (1906-05-24)) (1994; 30 years ago (1994)) |
Headquarters | Manila, Philippines |
Key people | Ma. Lynette V. Ortiz, (Chairman) Randolph L. Montesa, (Vice Chairman, President and CEO) |
P-609.27 million PHP (2019)[1] | |
Parent | Land Bank of the Philippines |
Website | www |
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