The Philippine Postal Savings Bank (Postbank) is a wholly-owned subsidiary of Philippine Postal Corporation (PHLPOST).
It provides wholesale loans to microfinance institutions and offers domestic and international remittance services. In pursuit of its vision to become the government’s authentic countryside development bank, Postbank’s Microfinance Banking Office (MBO) program has opened up microbanking facilities in selected postal and local government unit offices in the unbanked and underserved municipalities throughout the country. Through the MBO, Postbank hopes to contribute its share towards achieving the government’s major objective of inclusive growth. MBOs mobilize savings; provide microfinancing to individuals; and extend credit to LGUs to finance the delivery of basic services specifically water, renewable energy, health and sanitation.
Mr. Alan N. Orogo, Assistant Vice President