Monetary Board Member Valentin A. Araneta led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region Xll and the Autonomous Region in Muslim Mindanao (ARMM) during the annual appreciation lunch held at the Pandan Ballroom A, Greenleaf Hotel, San Miguel St., General Santos City on 23 August 2016.
Yellow Bus Line, Inc. was chosen as the Outstanding Respondent among Large and Medium Firms while Horizon Can Corporation was recognized as the Outstanding Respondent among Small Firms for the Business Expectations Survey (BES) in Region XII and ARMM. The Philippine Statistics Authority (PSA)-Region Xll and the Regional Board of Investments (BOI)-ARMM both obtained the award for Outstanding Partner for the Report on Regional Economic Developments. Meanwhile, the Outstanding Credit Surety Fund (CSF) Local Government Unit (LGU) Partner was conferred to the Provincial Government of Sarangani. The Outstanding Regional Partner in Currency Programs of the BSP was conferred to the following: for Clean Note Policy—Metropolitan Bank and Trust Company; for Coin Recirculation—Save Kusiong Reef; and for Demonetization of the New Design Series—Office of the Regional Treasurer—ARMM and the Department of Trade and Industry—General Santos City Field Office. Lastly, the University of Southern Mindanao-College of Business, Development Economics and Management was recognized as the Outstanding Regional Partner in 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.
The awards ceremony attests to the successful alliances that have helped the BSP maintain price and financial stability and ensure an efficient payments and settlement system. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony at the BSP Main Complex, Manila on 13 July 2016. This year’s awards ceremony and appreciation lunch for stakeholders in Region Xll marks the seventh time that the BSP has awarded stakeholders in Region Xll and ARMM and is the seventh in a series of 12 regional events for this year.