Monetary Board Member Valentin A. Araneta led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region VIII during the annual appreciation lunch held at the Multi-Purpose Hall, BSP Tacloban Branch, Tacloban City on 13 September 2016.
Samar Coco Products Manufacturing Corporation was chosen as the Outstanding Respondent among Large and Medium Firms while the Leyte Agri Corp. was recognized as the Outstanding Respondent among Small Firms for the Business Expectations Survey (BES) in Region VIII. The National Economic and Development Authority (NEDA)-Region VIII received the award for Outstanding Partner for the Report on Regional Economic Developments of the Philippines. The Overseas Workers Welfare Administration (OWWA)-Regional Welfare Office VIII was recognized as the Outstanding Partner for the Financial Learning Campaign. The Outstanding Regional Partner for Currency Programs of the BSP was conferred to the Land Bank of the Philippines for the Clean Note Policy and Department of Social Welfare and Development (DWSD)-Region VIII for the Demonetization of the New Design Series. 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 VIII marks the third time that the BSP has awarded stakeholders in Region VIII and is the tenth in a series of 12 regional events for this year.