The Department of Finance (DoF) on Wednesday said it is exploring the possibility of opening a subsidiary of the Land Bank of the Philippines (LandBank) in Bahrain for overseas Filipino workers (OFWs) and to facilitate trade and investment with Manama.

In a statement, Finance Secretary Carlos Dominguez 3rd told members of the Bahrain Chamber of Commerce and Industry (BCCI) he will suggest to President Rodrigo Duterte to consider such possibility, as well as schedule a presidential visit to the Persian Gulf state, where as many as 100,000 Filipinos live and work.

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