TACLOBAN CITY – The Bangko Sentral ng Pilipinas (BSP) has recognized two private companies and four government agencies and financial institution in the region for their continuous support on the bank’s undertakings.
The awards ceremony and appreciation lunch for BSP stakeholders in Region 8, held on Tuesday (Sept.13) at the BSP branch office, is the tenth in a series of 12 regional events for this year, according to the bank’s press statement.
The event is anchored on a theme “Sustained Partnership, Sustained Economic Growth.” Monetary Board Member Valentin Araneta led the awards ceremony for stakeholders.
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 in the region.
The National Economic and Development Authority regional office received the award for outstanding partner for the report on regional economic developments of the Philippines.
The Overseas Workers Welfare Administration regional office was recognized as the outstanding partner for the financial learning campaign.
The BSP conferred the outstanding regional partner for currency programs to the Land Bank of the Philippines for the clean note policy.
The Department of Social Welfare and Development regional office got recognition for the demonetization of the new design series.
“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,” the BSP said in a statement.
Araneta and other key officials led the presentation a new trophy, the “Dynamic Balance, Philippine Eagle” to the awardees.
The trophy is a sculpture crafted by renowned visual artist Ferdinand Cacnio, which features the country’s national bird, standing on a half-circle support, with its wings widely spread over three stars.