An Act Providing for the Charter of the Overseas Filipino Bank, Providing Funds Therefor, and for Other Purposes
The bill proposes a government‑run bank that would give overseas Filipinos cheaper remittance services, loans, and investment options, and would use half of its earnings to fund welfare programs for them.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-1551. Status changes over time; check the link for the latest.
SBN-1551 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.