|
A web site for the early stage of the OFI bank
, the Bank for Overseas Filipino Investors.
The vision is to provide for a bank that
will be instrumental in accelerating growth in the Philippines
by deploying and leveraging overseas Filipino investment capital.
The mission
of those who put their money where their mouth
is, is to set up a commercial bank
.
The preliminary steps involve the formation of a cyber-community of overseas Filipinos and
well-wishers for this project, committed to act as a catalyst.
Further down the road, this community
will grow into a talent-pool of potential
employees, bank managers, depositors and business borrowers.
This community will be a nursery for business-liaisons and
a catalist for development and its finance.
OVERSEAS FILIPINO INVESTORS BANK (OFIBANK)
Newcomers' guide by co-founder Perlita Tiro:
MISSION:
To create [the] first global commercial bank concentrated
on overseas workers, utilizing and leveraging on Overseas
Filipino capital to serve Filipinos worldwide. The 8 million
overseas Filipinos will make this bank a reality, a growing
enterprise, and a power to reckon with in the Inang-Bayan.
The bank will be the first bank truly FOR, OF, and BY overseas
Filipinos.
VISION:
To serve as an effective instrument to assist Filipinos transform
the Philippines into a global economic force and a center
of excellence on selected fields based on areas of expertise
and natural resources available in the Philippines.
OWNERSHIP: OFIBank will be a completely private organization,
owned primarily by overseas Filipinos and friends. It will
be completely non-political and will not in any way be affiliated
with any political or government-related group in the future.
Nevertheless, this will not preclude the Bank from acquiring
existing government-owned banks on an arms-length basis. Our
investors and customers will be mostly the same group of people.
DOMICILE AND BRANCHES: OFIBank will be incorporated in the
United States, to enjoy currency, legal and political stability,
along with credibility and trustworthiness. Our goal is to
build a commercial bank in California which will offer quality
banking services, including quick remittances, loans, insurance
and retirement plans to Filipinos and other immigrants - predominantly
those from India, Mexico and South America - located in the
USA. We chose California because of its large Filipino community
- some 1,000,000. Concurrently and progressively, OFIBank
will have branches and/or Service Centers throughout North
America, the Middle East, Europe, the Pacific Rim, and elsewhere
in the world with considerable numbers of Filipinos. We shall
implement the latest in banking technology, mostly real-time
online transactions. To keep overhead expenses low, we shall
initially establish kiosks in malls for remittances before
growing into full-blown branches.
JOIN US!! All overseas Filipinos and friends are welcome to
join the group and view http://finance.groups.yahoo.com/group/OFI-Bank
and www.ofibank.com to learn about
OFIBank and offer your talent and expertise to the prospective
Bank, either as a promoter, founder, depositor, investor,
borrower or as an executive. Please indicate your proposed
contribution and participation in the proposed bank. Just
like in any other e-group, admission is subject to acceptance
by a moderator.
INTERIM MOVE: Prior to setting up the Bank proper, we have
set up Audax WWNetwork Corporation as the promoter for the
charter of OFIBank. We invite you to join this vehicle and
eventually become a founder member of OFIBank. You will enter
a "members only" area, where we will present everything
about investing, becoming a founder, conversion of Audax shares
to OFIBank shares, etc. Our website will keep our registered
readers' details in a database. We shall charge a membership
fee of say, US$5 per year, to be a truly private club, as
we shall not make general offers to the public. In this private
area, we will be issuing to our registered members subscription,
which will eventually be utilized towards the purchase of
OFIBank shares or other projects' shares. A subscription is
a legal instrument, and the individual who signs with Audax
is legally obligated to put up the money upon OFIBank's existence.
The purchase price of Audax shares will progressively increase
closer to the
date of the incorporation of OFIBank. We are in the process
of setting up www.audax.net, the workhorse for getting investors
in and issuing subscriptions, which will be linked to www.ofi-bank.com.
VIEW: How OFIBank was Born, its Directions, and Principles
Governing its Operations that can be found in the Message
Section number 1253 of http://finance.groups.yahoo.com/group/OFI-Bank.
We shall provide more details to those who register as members
of Audax WWNetwork Corporation.
-OFIB, October 2005
by
AUDAX WWNETWORK CORPORATION:
THE PROMOTER OF OFIBANK
INTERIM
MANAGEMENT:
The Interim Board of Audax WWNetwork Corporation consists
of all who have invested cash into the corporation with the
view of becoming shareholders of OFIBank:
Picoy Fernandez (Alaska, USA), President
Mario Laureta (California, USA), Treasurer
Domingo Legario (Iraq)
Divina Nidhiprabha (Thailand)
Angel J Sargento (Alaska, USA)
Roel Sigue (Atlanta, USA)
Jun
Aguilar, Jr. (Philippines)
Perlita Tiro (Singapore), Secretary
|