BDO, CFO partner to strengthen support for overseas Filipinos

BDO Unibank and the Commission on Filipinos Overseas have formalized a partnership to give permanent migrant Filipinos better access to financial literacy programs, services, and guidance.

The CFO, an agency under the Office of the President, is mandated to protect the interests, rights, and welfare of overseas Filipinos while strengthening their ties with the Philippines.

“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 Department of Labor and Employment Secretary Marianito Roque.

He noted that remittances play a vital role in family connections, saying, “Families maintain communication because of remittance. And BDO is bringing families together by connecting them with each other through remittance.”

Genie T. Gloria, senior vice president and head of BDO Remit, said the partnership reflects the bank’s long-term commitment to migrant workers.

“At BDO, we see remittance not just as a financial transaction, but as a lifeline that strengthens family ties,” Gloria said.

“Through this partnership with CFO, we aim to empower overseas Filipinos with financial knowledge and tools that will help them build a more secure future for their families,” she added.

For the public, this partnership is important because it expands financial education and protection for overseas Filipinos, whose remittances remain a key driver of the Philippine economy and a vital support for millions of households.