Monetary Board Member Valentin A. Araneta led the awards ceremony for stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region X and Caraga during the annual appreciation lunch held at The Mallberry Suites Business Hotel, OsmeAa St., Cagayan De Oro City on 10 October 2017.

Liceo de Cagayan University, Inc. was chosen as the Outstanding Respondent among Large and Medium Firms while Petronas Energy Philippines, Inc. was recognized as the Outstanding Respondent among Small Firms for the Business Expectations Survey (BES) in Region X and Caraga. The National Economic Development Authority-Region X and Philippine Statistics Authority (PSA)-Caraga both received the award for Outstanding Partner for the Report on Regional Economic Developments. Both NEDA-Region X and PSA-Caraga were also awarded the Gold Hall of Fame Award. Meanwhile, the Outstanding Regional Partners in Currency Programs of the BSP were conferred to the following: Metropolitan Bank and Trust Company�Cagayan De Oro, Ozamiz City Bankers Club, Inc. and Municipal Treasurers League of Agusan del Sur for Clean Note Policy; Economic Society, Liceo de Cagayan University for Coin Recirculation; and Orobanker's Club, Inc. Cagayan de Oro and TV Patrol Caraga (ABS-CBN) for Demonetization of the New Design Series. Lastly, Overseas Workers Welfare Administration-Region Welfare Office X, Maria Lucy R. Cabalit and Philippine National Police-Police Regional Office 13 were recognized as the Outstanding Regional Partners in Implementing BSP Advocacy on the Conduct of Public Information Campaigns. Each awardee received the Dynamic Balance, Philippine Eagle trophy, while the Gold Hall of Fame awardees received the Soaring to Greater Heights trophy, both of which were crafted by visual artist and multi-awarded sculptor, Mr. Ferdinand Cacnio.

The awards ceremony is a testament to the successful partnerships 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 11 July 2017. The annual stakeholders' ceremony and appreciation lunch in Region X and Caraga is the 11th in a series of 12 regional stakeholders' events for this year.

Source: Bangko Sentral ng Pilipinas (BSP)