Monetary Board Member Valentin A. Araneta led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region Vl and the Negros Island Region (NIR) during the annual appreciation lunch held at the Amigo Terrace Hotel, Iznart cor. Delgado Sts., Iloilo City on 28 August 2015.
Iloilo Talk Active Corp. was chosen as the Outstanding Respondent among Large and Medium Firms for the Business Expectations Survey (BES) in Region Vl and NIR. Asian Alcohol Corporation was recognized as the Outstanding Respondent among Small Firms for the BES. The Philippine Statistics Authority (PSA) - Negros Occidental Provincial Office received the award for Outstanding Partner for the Report on Regional Economic Developments. Meanwhile, the Treasury Department of Systems Technology Institute (STI) - West Negros University, Junior Philippine Economic Society (JPES) - University of St. La Salle, and Calinog National Comprehensive High School were recognized as Outstanding Regional Partners for Currency Programs of the BSP. 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 Vl and NIR marks the fourth time that the BSP has awarded stakeholders in Region Vl and NIR and is the sixth in a series of 12 regional events for this year.