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BSP Honors its Stakeholders

07.11.2011

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. led the annual awards ceremony and appreciation lunch for BSP stakeholders in NCR and Region IV, comprised of officials from private corporations, financial institutions, government agencies and the academe.  The event, with the theme, "Ikaw at ang BSP: Working for Sustainable and Inclusive Growth", was held on 6 July 2011 at the BSP Assembly Hall.  

The Bank of the Philippine Islands emerged as the Best Commercial Bank Respondent for Overseas Filipino Remittances for the third consecutive year, earning a Hall of Fame award in the process.  Meanwhile, the awards for Top Commercial Bank in Generating Remittances from Overseas Filipinos was conferred to Banco de Oro for the third straight year, likewise elevating the bank to the  Hall of Fame.  Completing the awards categories and its recipients were:
 
 Information Support

 Business Expectations Survey (BES)
    Outstanding Respondent Among Large Firms - Lepanto Consolidated Mining Company
    Outstanding Respondent Among Small and Medium Firms - Coats Manila Bay, Inc.
    Best Respondent for the Construction Sector - Meralco Industrial Engineering Services Corp.
    Best Respondent for the Industry Sector- RSRH Livestock Corporation
    Best Respondent for the Services Sector- Tsukiden Global Solutions, Inc.  
    Best Respondent for the Trade Sector- Seacom, Inc.
    Outstanding Respondent Among Large and Medium Firms in Region IV - Dae Kyung Phils. Co., Inc.
    Outstanding Respondent Among Small Firms in Region IV  - Senju Solder (Phils.) Inc.

 Cross Border Transactions Survey
    Best Respondent for Inter-Company Accounts - Analog Devices General Trias, Inc.
    Best Respondent for Transactions Coursed through Bank Accounts Abroad - First Gas Power Corporation

 Foreign Direct Investment Survey
    Best Respondent - Unilever Philippines, Inc.

 Coordinated Portfolio Investment Survey
    Best Respondent - Allied Banking Corporation

 Survey of Information Technology-Business Process Outsourcing Services
    Best Respondent - PCCW Teleservices
  
 Recognition for Information Sources for Balance of Payments Projections
    Public Sector - Export Development Council
    Private Sector - Business Processing Association of the Philippines
 

 Recognition for Information Sources for Monetary Policy
    Public Sector - National Food Authority
    Private Sector - ATR KimEng Capital Partners, Inc.
 
Advocacy Support

Recognition for Conference on Export Competitiveness
        - The Hongkong and Shanghai Banking Corporation Ltd; and
        - Security Bank Corporation

Clean Note Policy Campaign
       Best Performing Bank - Philippine Savings Bank

Credit Surety Fund
       Outstanding Credit Surety Fund - Cavite Coopreneurs Surety Fund
       Outstanding Program Partner - Development Bank of the Philippines

Institutional Partner for Microfinance
       Recognition for Partners in Financial Inclusion - Center for Agriculture and Rural  Development (CARD) Bank

PhilPaSS Project with the Association of Bank Remittance Officers Inc.
       Best Performing PhilPaSS REMIT Participant - Asia United Bank

Tulong Barya Campaign
       Top Participating School - Tinurik National High School
       Top Participating Bank - Land Bank of the Philippines
       Top Retailer Awardee - SM Retail, Inc.

This yearly event is a way of giving recognition to institutional partners all over the country who have provided exemplary support to the BSP's various statistical initiatives, information requirements and advocacy programs.   The BSP will also honor other stakeholders in areas outside NCR in various awards categories including BES Outstanding Respondents, Recognition for Financial Learning Campaign, and Information Sources for the Report on Regional Economic Developments.

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