Overseas Filipino Bank

Overseas Filipino Bank
FormerlyPhilippine Postal Savings Bank, Inc
(1906-1976, 1994-2018)
Company typeState-owned
IndustryFinance and Insurance
FoundedManila, Philippines
(May 24, 1906; 118 years ago (1906-05-24))
(1994; 30 years ago (1994))
HeadquartersManila, Philippines
Key people
Ma. Lynette V. Ortiz, (Chairman)
Randolph L. Montesa, (Vice Chairman, President and CEO)
P-609.27 million PHP (2019)[1]
ParentLand Bank of the Philippines
Websitewww.ofbank.com.ph

The Overseas Filipino Bank (OFBank) is the state-owned digital-only, branchless bank in the Philippines. Formerly known as the Philippine Postal Savings Bank (PPSB) or PostBank, it is the smallest of the Philippines' three state-owned banks (the others being Land Bank of the Philippines and Development Bank of the Philippines), and is the 16th largest thrift banks in terms of assets. Its services are catered to the needs of Overseas Filipinos (OFs), Overseas Filipino Worker (OFWs), and their families or beneficiaries. Since 2018, it has been a subsidiary of LandBank.

  1. ^ "CoA PH". CoA PH. Retrieved February 2, 2021.