Tag page - OFWs

Bank-channelled remittances totaled $21.886 billion as of end-September, down 1.4 percent year-on-year from $22.187 billion, the Bangko Sentral ng Pilipinas (BSP) said.  BSP Governor Benjamin E. Diokno said the decline in remittances has narrowed and “better than original forecast of five...

State-owned Overseas Filipino Bank (OFBank), the country’s first digital-only and branchless lender, has secured more than 10,000 new deposit accounts in less than four-months of operation, the Department of Finance (DOF) said. In a report submitted to Finance Secretary Carlos G. Dominguez...