Categories
Politics

PADILLA: REVISE OVERSEAS FILIPINO BANK CHARTER

A bill by Senator Robin Padilla seeks to bolster the services of the Overseas Filipino Bank (OFBank) to overseas Filipino workers (OFWs), by proposing revisions to its charter. Padilla filed Senate Bill 2937 providing for the revised charter of the OFBank, for the sake of overseas Filipino workers (OFWs) who he described as “bagong bayani” […]

Categories
Politics

PADILLA: REVIEW LBP, OVERSEAS FILIPINO BANK MERGER

Senator Robin Padilla is seeking a review of a plan to merge the operations of the Overseas Filipino Bank (OFBank) and Land Bank of the Philippines, noting the different mandates of the two entities. Padilla filed Senate Resolution 1281, urging the appropriate government agencies to review and reassess such a proposal, citing the need for […]