PH Embassy in Buenos Aires Promotes Financial Literacy to Overseas Filipinos

The Philippine Embassy in Buenos Aires in cooperation with the Land Bank of the Philippines (LBP), Overseas Filipino Bank (OFBank), and the Bureau of the Treasury (BOT), held a Financial Wellness Webinar on Savings and Investments for Overseas Filipinos on 08 November 2020 via Zoom.

Mr. Bongolan discussed the Premyo Bonds. I DFA Photo

This was the latest of the Embassy’s webinar series to reach out to Filipinos in Argentina and the other countries in Latin America during the COVID-19 pandemic.

In her remarks, Philippine Ambassador to Argentina Linglingay F. Lacanlale highlighted the importance of financial literacy in order to provide a sustainable and financially secure life for the Filipinos overseas. She also recognized the key role of women in the management of the finances of their families.

Participants to the Financial Wellness Webinar. I DFA Photo

The resource speakers were Mr. Gonzalo Benjamin Bongolan, LBP’s Head of the Investment Banking Group and Mr. Jose Emmanuel Valdez of the OFBank. They discussed the Retail Treasury Bonds or the Premyo Bonds and how these could be one of the investment instruments offered by Philippine Government for OFWs to grow their hard-earned money.

A total of 49 participants from Argentina, Latin America, the USA, Europe, the Middle East and the Philippines participated in the webinar.

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