Duterte okays creation of OFW bank – Labor secretary

PRESIDENT Rodrigo Duterte has given his approval to the creation of an Overseas Filipino Workers (OFW) Bank, which was one of his three promises to migrant Filipino workers during the last presidential campaign.

Department of Labor and Employment (DOLE) Secretary Silvestre Bello 3rd over the weekend disclosed that he already gave the President a memorandum about the proposal for an OFW Bank.