Monetary - Midterm
It is primarily responsible in implementung and administering the policies formulated by the monetary board.
Bangko Sentral ng Pilipinas
BSP
It regulates the flow of money and credit into the whole economy in order to attain monetary stability and sustainable economic growth.
Bangko Sentral ng Pilipinas
BSP
Supervises the banking institutions and regulates many non-bank financial institutions.
Bangko Sentral
Are under the supervision of the cooperative development authority office of the president.
Cooperatives
Are supervused by the insurance commission.
Private Insurance Companies
Has the power to supervise and regulate the operations of other financial institutions such as companies, securities dealers and brokers, and lending investors.
Securities and Exchange Commission
Intends to determine the soundness of operations and the ability of the financial institution to meet its obligations to creditors upon proper demand when due.
Supervision
Refers to the issuance of rules of conduct of the establishment of modes or stanfards of operation for uniform application to all financial institutions or functions covered.
Regulation
The distinctive character of the operations of financial institutions and the substantive similarities of specific functions to which such rules, modes or standards are to be applied are taken into consideration.
Coverage
Concerned looks into their contents, and if such reports are financial statements the employee checks the mathematical accuracy and determines the changes for him to ascertain the cause or caused of such changes.
Employee of the Government Office
Also seeks to determine the compliance of the financial institution with existing rules and regulations being enforced by the government agency concerned.
Checking Process
Writes the financi institution concerned about certain matters which may be useful in improving the manner by which regulation can be undertaken more effectively.
Regulating Agency
Are putting into gear time and effort in order to ensure the effectiveness of duoervision and be regulation of financial institutions on a continuing basis.
Supervisory and regulatory agencies of the government
Is the world's largest eagle and is symbol of strength, clear vision and freedom.
Philippine Eagle
Also interpreted as a geographical representation of BSP's equal concern for the impact of its policies and programs on all Filipinos, whether they are in: Luzon, Visayas, Mindanao.
Three Stars
Blue background signifies ______
Stability
Are rendered in gold to symbolize wisdom, wealth, idealism, and High quality.
The Star
Color of the eagle and the text for BSP represents
Purity, Neutrality, Mental Clarity
Symbolize the continuing and unending quest to become an excellent monetary authority committed to improve the qualiry life of filipinos.
Round Shape
The basic units of our currency
Coins
1521-1897
Spanish Era
1898-1899
Revolutionary Period
1900-1941
American Period
1942-1945
Japanese Period
1949
Bangko Sentral ng Pilipinas
BSP
1975-1982
Bagong Lipunan Series
Germany
1923
Greece
1940
Venezuela
2018