GraCle Builders to Lead BCIB-OFW Bank Alliance for Rural Bank Acquisitions

Manila, Philippines - June 11, 2025 - GraCle Builders and Development Group Inc., led by President and CEO Miracle O. Gravador, has been officially appointed as the Philippine strategic partner of BCIB Holding Co., Ltd. (Bastion Commonwealth Investment Bank) to drive the implementation of the OFW Bank Program-a landmark initiative to expand financial access for Overseas Filipino Workers (OFWs) and their families.

Under this alliance, GraCle Builders will coordinate the nationwide acquisition and transformation of rural banks, laying the foundation for a secure, digital-first banking network designed specifically for OFWs and grassroots cooperatives.

Banking the Unbanked: A National Vision for OFWs
Launched in partnership with Global Ministries and featured in Chronicles Peace Magazine (June 4, 2025), the OFW Bank Program aims to serve over 30 million OFWs worldwide, offering remittance services, savings, loans, insurance, and investment tools-all in line with Bangko Sentral ng Pilipinas (BSP) regulatory standards and inclusive finance principles.

Key objectives include:
- Global digital access via mobile wallets and online onboarding
- Secure, decentralized platforms for domestic and cross-border transactions
- Financial literacy and compliance training for rural bank personnel and cooperative leaders
- Cooperative participation to enable shared ownership and local reinvestment

Leadership Endorsements
Dr. Chutamas Vongvorakit, Chairman and CFO of BCIB Holding Co., Ltd., welcomed GraCle's appointment:
"GraCle Builders combines local insight with development integrity. Their leadership will ensure the OFW Bank initiative is anchored in both operational excellence and inclusive impact."

C.K. Low, Managing Director of BCIB, added:
"Dr. Chutamas' endorsement reflects the trust we place in GraCle Builders. Their ability to align infrastructure, financial access, and community trust makes them an ideal partner for national-scale transformation."

A Strategic Bridge for Inclusive Growth
"We are honored to serve as the development bridge for this milestone initiative," said Miracle O. Gravador, CEO of GraCle Builders. "Together, we are reshaping banking for OFWs-creating systems that are accessible, secure, and values-driven."

This initiative aligns with GraCle Builders' broader mission to support inclusive national development through strategic partnerships and infrastructure that empower people and communities.

Daniel Lim
Corporate Affairs Office
Email: daniel.lim[@]bcibholding.com
Phone: ++66-(0)2-624-0500
Website: https://bcibholding.com

BCIB Holding Co., Ltd.
999, Gaysorn Building,
5th Floor, Unit 5B-1,
Ploenchit Road, Lumpini, Patumwan,
Bangkok 10330,
Thailand

About BCIB Holding Co., Ltd.
BCIB Holding Co., Ltd. is a Thailand-based financial holding firm with partners across Asia, Europe, and the Americas. It is the parent of Bastion Commonwealth Investment Bank, specializing in sovereign finance, ESG and Islamic finance, and digital financial infrastructure.

This release was published on openPR.