Overseas Filipino Bank (OFBank), formerly Philippine Postal Savings Bank Inc. (PPSB), was transformed into the first government digital-only and branchless bank that is mandated to provide financial products and services tailored to the requirements of Overseas Filipinos.
OFBank is also a wholly-owned subsidiary of Land Bank of the Philippines (LANDBANK) created in pursuant to Executive Order No. 44 signed by President Rodrigo R. Duterte in September 2017.