{"id":25209,"date":"2018-01-26T09:00:30","date_gmt":"2018-01-26T01:00:30","guid":{"rendered":"http:\/\/primer.com.ph\/blog\/?p=25209"},"modified":"2018-01-26T11:25:11","modified_gmt":"2018-01-26T03:25:11","slug":"duterte-administration-launches-the-overseas-filipino-bank","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2018\/01\/26\/duterte-administration-launches-the-overseas-filipino-bank\/","title":{"rendered":"Duterte administration launches the Overseas Filipino Bank"},"content":{"rendered":"<p>In an article published by the Philippine Information Agency, they have stated that President Rodrigo \u201cDigong\u201d Duterte had launched the <strong>Overseas Filipino Bank<\/strong> which is considered as the very first bank that will cater to the needs of OFWs abroad.<\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25210\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2018\/01\/ofbank1.jpg\" alt=\"\" width=\"1350\" height=\"900\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2018\/01\/ofbank1.jpg 1350w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2018\/01\/ofbank1-300x200.jpg 300w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2018\/01\/ofbank1-768x512.jpg 768w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2018\/01\/ofbank1-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 1350px) 100vw, 1350px\" \/><span style=\"font-size: 10pt\"><em>IMAGE Philippine Information Agency\u00a0<\/em><\/span><\/p>\n<p>With the launch of the OFB, it will enable the handling of remittances and support investments made by OFWs as well as help build financial literacy. Aside from that, the presence of the OFB will be used as a tool in reshaping the country\u2019s economic sector, making it more inclusive for the working\u00a0class and other Filipinos residing abroad.<\/p>\n<p><iframe loading=\"lazy\" title=\"Early Edition: Overseas Filipino Bank a one-stop-shop for Filipinos abroad\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Xy8sGNGfvmg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Although the OFB was originally a financial institution for OFWs, its coverage was expanded, making it available for other Filipinos based overseas to take part and be allowed to invest in the country.<\/p>\n<hr \/>\n<p><span style=\"font-size: 10pt\"><em>Source: <a href=\"http:\/\/pia.gov.ph\/news\/articles\/1004267\" target=\"_blank\">Philippine Information Agency<\/a><br \/>\n<\/em><\/span><span style=\"font-size: 10pt\"><em>Image Source:\u00a0<a href=\"http:\/\/pia.gov.ph\/news\/articles\/1004267\" target=\"_blank\">Philippine Information Agency<\/a>; Video from: <a href=\"https:\/\/www.youtube.com\/watch?v=Xy8sGNGfvmg\" target=\"_blank\">ABS-CBN News on YouTube<\/a><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Overseas Filipino Bank which is considered as the very first bank that will cater to the needs of OFWs abroad.<\/p>\n","protected":false},"author":3,"featured_media":25211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,5],"tags":[5089,5090],"class_list":["post-25209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-launching-and-opening","category-news-and-current-events","tag-ofb-bank","tag-overseas-filipino-bank"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2018\/01\/overseas-filipino-bank-011818-e1516936505466.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/25209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=25209"}],"version-history":[{"count":4,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/25209\/revisions"}],"predecessor-version":[{"id":25288,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/25209\/revisions\/25288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/25211"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=25209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=25209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=25209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}