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Overseas Filipino Bank


[Last update: 24 April 2023] Pursuant to Executive Order No. 44 signed by President Rodrigo R. Duterte in September 2017, PPSB became a wholly-owned and fully controlled subsidiary of LANDBANK and was converted into OFBank to cater to the banking needs of migrant workers worldwide.

Business Address

OFBank Center Liwasang Bonifacio, Ermita, Manila 1000

Contact E-mail

customer.care@mail.ofbank.com.ph

Telephone Number

(02) 8-405-7000 or 1-800-10-405-7000 (PLDT Domestic Toll Free)

OVERVIEW OF THE COMPANY

Mission

To our Clients
OFBank is the first digital bank in the country and the official digital bank of the Philippine government committed to provide  convenient, reliable and secure banking solutions responsive to the needs of global Filipinos.  We are focused on developing long-term relationships with our customers and other stakeholders through strategic alliances and partnerships.
 
To our Employees
We are dedicated to nurturing our employees in an enabling environment and providing opportunities for professional growth.

Vision

By 2024, OFBank shall be the country’s leading OFW-centric Branchless Digital Bank committed to provide competitive and innovative products and services through convenient, reliable and secure banking platforms.

 

BUSINESS GOALS

  • Provide banking products and services to Overseas Filipinos (OFs), Overseas Filipino Workers (OFWs) and their beneficiaries,  thru digital platforms and  Fintech technologies.
    • Mobile Banking Application loaded with DOBSAI, eMulti-purpose loan, speedy and simplify cross border remittance/payment and ePayment  solutions capable of onboarding international merchants;  compliant with the regulatory requirements.
       
  • Delight its customers thru satisfying experience on digital banking transactions; after-sales services; prompt resolutions on issues and concerns.
     
  • Maximize financial resources to support the strategic direction and comply with capital requirement.
    • Minimize operating losses
    • Leverage on the lean and mean manpower complement and outsourced services
    • Increase deposit/loan base of OFs/OFWs
    • Maintain minimal Non-Performing Loans

 

ORGANIZATIONAL STRUCTURE

 

BOARD AND MANAGEMENT COMMITTEE MEMBERS
(as of 31 March 2023)

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