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OFBank sees surge in new accounts, transactions

OVERSEAS Filipino Bank (OFBank), the country’s first digital-only bank, recorded a surge in new deposit accounts and transactions in its first 100 days.

Overseas Filipino Bank launches fully digital system

OVERSEAS FILIPINO Bank (OFBank) has launched its new, fully digital system on Monday, which aims to expand its reach to Filipinos around the world through online banking.

Launch of Overseas Filipino Bank, e-invoicing expected by third quarter —...

THE Department of Finance (DoF) said the digital-only Overseas Filipino (OF) Bank and the electronic invoiving (e-invoicing) program are set to roll out by the third quarter of 2020.

BSP may issue new rules after OFBank business model review

THE CENTRAL BANK wants to review Overseas Filipino Bank’s (OFBank) business model first and then issue new regulations if needed as the lender seeks to go digital, a senior official said.

OF Bank rollout expected by January

THE PROMISED Overseas Filipino (OF) Bank will no longer need prior approval from the Securities and Exchange Commission (SEC) for it to operate, which...

Overseas Filipino Bank to be reorganized as lending business

THE PLANNED Overseas Filipino Bank will be established in April, after original plans to set it up in January, as the business plan is...

Overseas Filipino Bank to be operational by January 2018

THE NEWLY created Overseas Filipino Bank (OFB) will be operational by January 2018, Labor Secretary Silvestre H. Bello III assured yesterday. The former Philippine...