An Act Providing for the Revised Charter of the Overseas Filipino Bank, Providing Funds Therefor, and for Other Purposes
The bill proposes to create a government‑owned digital bank called the Overseas Filipino Bank to give Filipino workers abroad faster, cheaper and safer ways to send money home, to offer them credit and other financial products, and to serve as a depository for government funds.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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SBN-1451 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.