The BSP's Organizational Structure
as of June 2009

The Monetary Stability Sector

1. Investor Relations Office

• Assists in developing stronger relations with the international financial community and promotes the Philippines as an investment site.

Monetary Policy Sub-sector

1. Department of Economic Research

• Acts as the principal policy research and technical arm of the Bank; and
• Produces economic data for the guidance of the Governor and the Monetary Board in the formulation and implementation of monetary policies.

2. Department of Economic Statistics

• Generates relevant, accurate and timely statistics for the guidance of the Monetary Board in the formulation and implementation of its policies.

3. Center for Monetary and Financial Policy

• Conducts cutting-edge empirical and theoretical researches in the monetary, financial and economic fields.

4. Economic and Financial Learning Center

• Serves as the primary and central source of the Bank in providing timely and relevant information concerning economic and financial matters through collection of books, and other reference materials, electronic resources, audio-visual materials, other learning tools, mounting of exhibits, and information kiosks.

International Sub-sector

1. International Relations Department

• Monitors and analyzes regional and global economic, financial, and trade development issues, assesses their impact on the Philippine economy, and submits reports, updates, and recommendations on positions and policy stance of the BSP thereon.
• Facilitates the Bank's pro-active membership in bilateral, regional and international associations and groupings by initiating and complying with commitments and agreements.

2. International Operations Department

• Supports the promotion and maintenance of monetary stability and external sustainability through the enhanced management of external debt, foreign investments and other foreign exchange transactions.
• Reviews, recommends, and implements sound policies and regulations on foreign exchange denominated transactions

Regional Monetary Affairs Sub-sector

• Monitors and coordinates of the operation of the Bank’s branches in the countryside

The BSP has three regional offices and 18 branches performing cash operations, cash administration, loans and rediscounting, bank supervision and gold buying operations.

• The following BSP branches report directly to the Regional Monetary Affairs Sub-sector:

• Legazpi Branch
• Lucena Branch
• Naga Branch

BSP Regional Offices

1. La Union Regional Office - supervises the following branches in Luzon:

• Angeles Branch
• Cabanatuan Branch
• Dagupan Branch
• Tuguegarao Branch
• Batac Branch

2. Cebu Regional Office – supervises the following branches in the Visayas:

• Bacolod Branch
• Dumaguete Branch
• Iloilo Branch
• Kalibo Branch
• Tacloban Branch

3. Davao Regional Office – supervises the following branches in Mindanao:

• Cagayan de Oro Branch
• Cotabato Branch
• General Santos Branch
• Ozamis Branch
• Zamboanga Branch

Monetary Operations Sub-sector

1. Asset Management Department

• Administers, preserves, and disposes assets acquired or foreclosed properties by the Bangko Sentral in payment for loans secured by banks including real estate holdings of the Bangko Sentral which are not utilized or earmarked for use pursuant to its objectives/regular business.

2. Department of Loans and Credit

• Implements the credit policies of the BSP;
• Extends loans and advances to banks and rediscounts;
• Conducts credit examination of banks; and
• Undertakes special studies on credit policies.

Currency Management Sub-sector

1. Cash Department

• Supplies and issues the currency requirements of the banking industry and services the currency exchange; and
• Acts as depository/custodian of cash, securities, gold and other forms of valuable assets.

2. Currency Issue and Retirement Office

• Manages the retirement of unfit/mutilated currencies withdrawn from circulation; and
• Safekeeps unissued notes and coins.