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Bangko Sentral ng Pilipinas Holds 2016 Awards Ceremony and Appreciation Lunch for Stakeholders in Region XI


The Bangko Sentral ng Pilipinas (BSP) will honor its stakeholders who have provided exemplary support to its statistical undertakings, information needs and advocacy programs during the 2016 Awards Ceremony and Appreciation Lunch for BSP Stakeholders in Region XI. With the theme  “Sustained Partnership, Sustained Economic Growth,” this event will be held on 20 September 2016, from 10:00 a.m. to 1:00 p.m. at The Apo View Hotel, Bonifacio St., Poblacion District, Davao City. Monetary Board Member Armando L. Suratos will lead in honoring this year’s awardees and stakeholders.

The BSP will bestow six awards to outstanding partners: for the Information Support category—two for the Business Expectations Survey (BES), and one for Sources of Information for the Report on Regional Economic Developments; and for the Advocacy Support category—one for the Credit Surety Fund (CSF) Program, one for the Currency Programs of the BSP, and one for implementing BSP Advocacy on the Conduct of Public Information Campaigns.                     

The Outstanding Respondent among Large and Medium Firms and the Outstanding Respondent among Small Firms will be given to the BES respondents selected from among the country’s top corporations in Region XI who have participated regularly in the survey by providing timely, complete, accurate and consistent responses. The Outstanding Partner for Sources of Information for the Report on Regional Economic Developments will be awarded to the agency or institution that provided the BSP with information support for an effective environment scan of Region XI. The Outstanding Credit Surety Fund (CSF) will be given to the established CSF to recognize its contribution in promoting the growth and sustainable development of micro, small and medium enterprises (MSME) through greater collateral-free credit access to financial institutions. The Outstanding Regional Partner for Currency Programs will be given to the agency or institution that supported the BSP’s currency programs and advocacies in Region XI such as the Demonetization of the New Design Series. Lastly, the Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaigns will be awarded to the agency or institution that has supported the BSP’s public information campaigns conducted in Region XI.

This occasion is the 11th leg of the BSP’s regional stakeholders’ events which will be held from July to September 2016 in 12 areas outside the National Capital Region to honor stakeholders in various award categories. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony held last 13 July 2016 at the BSP Main Complex, Manila.
This event is expected to further improve and strengthen the partnerships between the BSP and its stakeholders, resulting in a more successful information gathering and conduct of advocacy campaigns to accomplish the BSP’s objectives of safeguarding price stability and promoting a healthy financial system as well as ensuring an efficient payments and settlement system in the country.

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