Tuesday 13 November
Powered by Ajaxy
Oct 10, 2017 @ 18:55

Here’s the new name for Postal Bank as it undergoes revamp


Change has come in this government-owned savings bank.

Following President Rodrigo Duterte’s Executive Order 44, the Philippine Postal Savings Bank will now be transformed into the Overseas Filipino Bank.

Duterte did good on his promise to set up a government facility that will specifically cater to the needs of overseas Filipino workers (OFWs), which has been helping propel growth in the Philippines with their remittances.

Postal Bank will be acquired by the Land Bank of the Philippines and will operate as a subsidiary that will cater to the needs of the families of OFWs.

How does the name sound?

Please follow and like us:

Tags: , , , ,

Related Stories
The Civil Service Commission, the Commission on Audit, and the Department of Budget and Management
Former President and now House Speaker Gloria Macapagal Arroyo believes the visit of Chinese President
President Rodrigo Duterte will not issue an executive order (EO) banning casinos in Boracay, saying
Justice Secretary Menardo Guevarra said Friday that President Rodrigo Duterte has full powers to stop


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.