BSP Honors its Stakeholders in Region IV

The awards ceremony and appreciation lunch for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region IV was held at the Paseo Premiere Hotel, Sta. Rosa Business Park, Greenfield City, Sta. Rosa, Laguna on 4 August 2017, and was led by Monetary Board Member Felipe M. Medalla.

Bangko Mabuhay (A Rural Bank) was chosen as the Outstanding Respondent among Large and Medium Firms for the Business Expectations Survey (BES) while Murata Electronics Philippines, Inc. was recognized as the Outstanding Respondent among Small Firms in Region IV. The National Economic Development Authority (NEDA)-CALABARZON and NEDA-MIMAROPA received the award for Outstanding Partner for the Report on the Regional Economic Developments in Regions IV-A and IV-B, respectively. Both NEDA-CALABARZON and NEDA-MIMAROPA were accorded the Hall of Fame Award for winning in the same award category for three straight years. The CARD Banking Group also received the Gold Hall of Fame Award for being the Outstanding Financial Inclusion Champion for the third consecutive year. The Outstanding Regional Partners in Currency Programs of the BSP were conferred to the following: for Clean Note Policy�Department of Education-Batangas Division (Region IV-A) and Department of Education-Occidental Mindoro Branch (Region IV-B); for Coin Recirculation�Philippine Statistics Authority-Region IV. The Regional Development Council-CALABARZON and the Province of Palawan were recognized as Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaigns in Regions IV-A and IV-B, respectively. Each awardee was presented the Dynamic Balance, Philippine Eagle trophy while the Gold Hall of Fame awardee received the Soaring to Greater Heights trophy, both of which were crafted by visual artist and multi-awarded sculptor, Mr. Ferdinand Cacnio.

The awards ceremony is one way by which the BSP attests to the successful alliances that have helped the BSP maintain price and financial stability and ensure an effective payments and settlement system. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony at the BSP Main Complex, Manila on 11 July 2017. Acbel Polytech Philippines, Inc. from Region IV-A was also awarded during this occasion as the Outstanding Respondent for the Cross Border Transaction Survey. The stakeholders' awards ceremony in Region IV, which the BSP has been holding since 2005, is the fifth in a series of 12 regional events this year.

Source: Bangko Sentral ng Pilipinas (BSP)

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