BCIB Holding Co., Ltd. Launches OFW Bank Program to Serve 30 Million+ Filipinos Worldwide

MANILA, Philippines - June 2, 2025 - PRLog -- BCIB Holding Co., Ltd., a Thailand-based global financial holding company and parent of Bastion Commonwealth Investment Bank, in partnership with the House of Prayer, Kingdom of YAHWHEY AMAHAYAHEL, Global Ministries, today launched the OFW Bank Program — a nationwide effort to restructure rural banks and deliver inclusive, digitally enabled financial services to more than 30 million Overseas Filipino Workers (OFWs), their families, and global communities.

Restructuring Rural Banks for OFWs
BCIB Holding will work with rural banks to transform operations and tailor services to the unique needs of OFWs. Key initiatives include:
- Specialized savings, remittance, credit, insurance, and investment products designed around OFW cash flows.
- Advanced digital banking infrastructure, including mobile wallets and online onboarding, for seamless global access.
- Strengthened compliance frameworks aligned with BSP regulations and global standards.
- Community outreach via church networks to enhance trust and financial literacy.
- Training programs for bank staff focused on OFW financial services and digital tools.
- Creation of a decentralized, interoperable financial network for real-time cross-border and domestic transactions.

This initiative revitalizes the rural banking sector and empowers millions of OFWs with accessible, ethical financial solutions.

Regional Adaptability
Dr. Chutamas Vongvorakit, CFO and financial inclusion expert, noted:
⁠"The OFW Bank model can scale across Southeast and South Asia — from Thailand to Sri Lanka — offering a regional blueprint for diaspora-focused financial inclusion."

Leadership Statements
⁠"Partnering with rural banks enables us to serve Filipinos abroad and at home with dignity and compliance," said C.K. Low, Managing Director of BCIB Holding Co., Ltd.
⁠"We're called to uplift both spirit and livelihood. This partnership empowers OFWs worldwide," said Bishop Romel Rafol Maraya, of Global Ministries.

Visit http://bcibl.com for more information.

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About BCIB Holding Co., Ltd.
BCIB Holding Co., Ltd. is a Thailand-based financial holding firm with partners across Asia, Europe, and the Americas. It is the parent of Bastion Commonwealth Investment Bank, specializing in sovereign finance, ESG and Islamic finance, and digital financial infrastructure.

About Global Ministries
The House of Prayer, Kingdom of YAHWHEY AMAHAYAHEL, Global Ministries is a faith-based Philippine organization focused on spiritual and economic empowerment, especially among OFWs.