Monetary Board Member Armando L. Suratos led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region Vll during the annual appreciation lunch held at the Banking Hall, BSP Cebu Regional Office, Osmeña Blvd., Cebu City on 25 August 2015.
Philippine Tonan Corporation was chosen as the Outstanding Respondent among Large and Medium Firms for the Business Expectations Survey (BES) in Region Vll. J.O. Construction, Inc. was recognized as the Outstanding Respondent among Small Firms in Region Vll. The Philippine Statistics Authority (PSA) - Region Vll received the award for Outstanding Partner for Source of Information for the Report on Regional Economic Developments. The Outstanding Credit Surety Fund (CSF) was conferred on the Cebu Credit Surety Fund. Each awardee received the “Dynamic Balance, Philippine Eagle” trophy crafted by visual artist and multi-awarded sculptor, Mr. Ferdinand Cacnio.
The awards ceremony attests to the successful alliances that have helped the BSP maintain price and financial stability and ensure an efficient payments and settlements system. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony at the BSP Main Office on 14 July 2015. This year’s stakeholders’ awards in Region VII marks the 12th time that the BSP has awarded stakeholders in the region and is the fifth in a series of 12 regional events for this year.