BDO, CFO expand financial education for overseas Filipinos

BDO Unibank Inc. has entered into a partnership with the Commission on Filipinos Overseas (CFO) to expand access to financial literacy programs, services, and guidance for permanent migrant Filipinos.

The CFO, an attached agency of the Office of the President, is tasked to promote and protect the interests, rights, and welfare of overseas Filipinos while strengthening their economic, social, and cultural ties with the Philippines.

Strengthening ties

“This partnership between BDO and CFO is closing the gap of what BDO has been doing for overseas Filipinos and their families in the Philippines,” said former Labor and Employment Secretary Marianito Roque.

He stressed the vital role of remittances in keeping families connected. 

“Families maintain communication because of remittance. And BDO is bringing families together by connecting them with each other through remittance.”

Commission on Filipinos Overseas (CFO) Undersecretary Atty. Arlene S. Borja (4th from left) shakes hands with BDO Unibank Senior Vice President and Head of Remittance Genie T. Gloria (6th from left) to formalize the partnership. Joining them are former Labor Secretary Marianito “Nitoy” Roque (5th) along with other CFO and BDO officers./ Photo from BDO  (Click ​to view full image)

A lifeline, not just a transaction

Genie T. Gloria, senior vice president and head of BDO Remit, echoed this commitment. 

“At BDO, we see remittance not just as a financial transaction, but as a lifeline that strengthens family ties. Through this partnership with the CFO, we aim to empower overseas Filipinos with financial knowledge and tools that will help them build a more secure future for their families.”

With this collaboration, both institutions reaffirm their mission to serve the millions of Filipinos abroad who continue to contribute significantly to the country’s economy while providing for their families back home.  —Ed: Corrie S. Narisma

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