Monetary Board Member Juan D. De Zuñiga, Jr. led the awards ceremony and appreciation lunch for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region V held at the Assembly Hall, BSP Naga Branch, Roxas Avenue, Naga City on 27 September 2016.
Ngo & Sons Trading & Industries, Inc. was chosen as the Outstanding Respondent among Large and Medium Firms while the Ramarplus Incorporated was recognized as the Outstanding Respondent among Small Firms for the Business Expectations Survey in Region V. The National Economic and Development Authority (NEDA)-Region V received the award for Outstanding Partner for the Report on Regional Economic Developments. Meanwhile, the awards on Outstanding Regional Partners in Currency Programs of the BSP were conferred to the following: Diocese of Legazpi for Coin Recirculation; and Albay Bankers Association and Camarines Sur Chamber of Commerce and Industry for the Demonetization of the New Design Series. Lastly, the award for Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaigns was given to the Department of Social Welfare and Development (DSWD)-Region V and Central Bicol State University of Agriculture. Each awardee received the “Dynamic Balance, Philippine Eagle” trophy crafted by visual artist and multi-awarded sculptor, Mr. Ferdinand Cacnio.
This event 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 commended during the awards ceremony at the BSP Main Complex, Manila on 13 July 2016. The annual stakeholders’ awards in Region V marks the seventh time that the BSP has recognized stakeholders in the region and is the last in a series of 12 regional stakeholders’ events for this year.