The awards ceremony and appreciation lunch for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region III held at the Xenia Hotel, C.M. Recto Highway, Clark Freeport Zone, Angeles City, Pampanga on 5 August 2016 was led by Monetary Board Member Felipe M. Medalla.
MOF Company (Subic), Inc. was chosen as the Outstanding Respondent among Large and Medium Firms for the Business Expectations Survey (BES) in Region III while PTT Philippines Trading Corporation was recognized as the Outstanding Respondent among Small Firms. The National Economic and Development Authority (NEDA)-Region lll received the award for Outstanding Partner for the Report on Regional Economic Developments. The Outstanding Regional Partners for Currency Programs of the BSP were conferred to the following: Bank of the Philippine Islands-Maharlika and the Department of Trade and Industry-Bataan for Clean Note Policy; Bankers Club of Bataan for Coin Recirculation; and City Social Welfare and Development-Cabanatuan and Central Luzon Television 36 for Demonetization of the New Design Series. Lastly, the Department of Trade and Industry- Nueva Ecija and Public Employment and Service Office-Pampanga were given the award for Outstanding Regional Partners for Implementing BSP Advocacy on the Conduct of Public Information Campaigns. Each awardee received the “Dynamic Balance, Philippine Eagle” trophy crafted by visual artist and multi-awarded sculptor, Mr. Ferdinand Cacnio.
This annual event gives recognition to BES respondents as well as public and private institutions that have helped the BSP perform its mandate of maintaining price and financial stability and ensuring an efficient payments and settlement system. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony held last 13 July 2016. This year’s stakeholders awards in Region lll marks the eleventh time that the BSP has awarded stakeholders in the region and is the fourth in a series of 12 regional events for the year.