BSP recognizes partners in C. Visayas

By: Aileen Garcia-Yap August 18,2014 - 09:59 AM

AS PART of their thrust to forge stronger partnerships with the private sector, the Bangko Sentral ng Pilipinas recognized institutions in Central Visayas and a businessman last Friday particularly for their cooperation in giving timely responses to BSP’s statistical needs.

Those recognized included Paul Yu as the Outstanding Respondent among Small Firms for the Business Expectations Survey and All Fresh Food Products Inc., Outstanding Respondent among Large and Medium Firms.

The National Economic Development Authority (Neda) 7 was given the Outstanding Partner award for the Report on Regional Economic Development Report while the Metro Cebu Credit Surety Fund was given the Outstanding Credit Surety Fund.

According to the BSP, the Metro Cebu Credit Surety Fund has been very supportive in promoting growth and sustainable development of the micro, small and medium enterprises (MSME) by providing collateral-free loans.

The Bank of the Philippine Islands was recognized as The Outstanding Regional Partner in Currency Programs for its continued support to BSP’s currency programs and advocacies in the region such as the clean note policy and coin recirculation.

BSP Deputy Governor for Monetary Stability Sector Diwa Gunigundo, said in his speech, that the event, which is now on its 11th year, is expected to further strengthen the partnerships between the BSP and its stakeholders which they consider a more efficient and effective way to get more accurate and community-specific information that they use to come up with policies.

“As we work together…it is the economy that gets the ultimate benefit of better public policy, better information available to the general public and better environment of mutual trust and confidence,” he said.

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TAGS: Bangko Sentral ng Pilipinas, Central Visayas, National Economic Development Authority

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