BSP’s main responsibility to formulate and implement policy in the areas of money, banking, and credit with the primary objective of preserving price stability
BAGUIO CITY – Sa ginanap na dalawang araw na Media Information Session for North Luzon noong April 25 -26 sa 3F, Seminar Room, BSP NLRO, 14 Loakan Rd. PEZA, Loakan Proper na paanyaya ng Bangko Sentral ng Pilipinas ay tinalakay rito ang mga pangunahing layunin at kahalagahan ng mga bagong kalakaran upang mapataas ang kamalayan ng publiko sa iba’t ibang isyu sa ekonomiya at pananalapi, pati na rin itaguyod ang transparency sa mga operasyon nito na ipinalalabas ng media ang iba’t ibang publikasyon at ulat na mula sa BSP.
Naunang tinalakay ni Bank Officer Sharon O. Ang, “kaugnay ito sa BSP mandate na ayon sa Sec.3 RA 7653 (New Central Bank) at dahil sa amended ng RA 11211 na naipasa noong Feb. 14, 2019 sa ilalim ng amendment na ito ay pinatatag o pinalakas yun financial supervision function ng BSP na kung saan ay level up na at nakikita ng malawakan ang BSP kung ano na ang nagaganap sa financial market at least sa banking system dahil dito sa amendment ay nag expand ang BSP ng kanyang oversight on payment and settlement systems na dito ay naging mas malawak ang kayang tingnan ng BSP,”
Ang bagong logo ng BSP na adopted in 2012 features the Philippine Eagle which symbolizes the BSP aspiration to sort toward becoming a World-Class Monetary Authority it has 3 stars representing the three Pillars of Central Banking,”
To carry out its mandate the BSP focuses on these 3 Pillars of strength.
“The first Pillar is Price Stability, When it say price stability it does not mean that prices are not changing when it say price stability prices are changing but, stable lang, naturally in progressive economy or yun economy kapag meron economy activities kapag umuunlad siyempre yun mga tao gumagasta, gumaganda yun negosyo, kapag gumagasta yun mga tao, ang tendency for crisis is to go up and that is okay, so its good na may price movement ang hindi okay ay yun erratic, ito ang binabantayan ng BSP,”
Bakit gusto natin ang price stability? Because it preserves the purchasing power and allows consumers and businesses to make sound economic and financial decisions,”
Ang pangalawang Pillar ay Financial Stability – The BSP seeks to maintain the help of a banking system so, that it cannot effectively intermediate between providers and users of funds, the BSP enforces rules and regulations to ensure that banks conduct business in a safe and sound manner,”
The third Pillar is the Payments and Settlements System this help ensure the safe timely and accurate payment and settlement of financial transactions,”
“The BSP various responsibilities touch the lives of Filipinos and test with promoting price stability it uses its various policy tools to help keep inflation low and create the environment for sustainable and inclusive grow price stability preserve the purchasing power of the Filipino people,”
“The BSP is also the supervisor of all banks it monitors and examines the operations of banks and quasi-banks all over the country it also regulates under special laws other financial institutions such as non-stock savings, loan associations as well as pawnshops, if the banks are strong people are encouraged to save and in the process help finance economic activity,”
“Makakatulong sa ekonomiya kung ang lahat ay magpa participate sa formal banking system o financial system para umikot ang pera yun pera ng mga depositors sila yun may mga excess funds, ilagay nila sa bangko para naman ito ay mapaikot ng bangko kasi yun banks channels or funds for those who have excess money to those needing the funds yun mga investors, since yun mga investors natin yun mga businesses they usually source their funds or capital requirement from the box so, kung naron yun mga pera ng mga depositors malaking ambag yun sa ating economy kasi magagamit yan sa mga economic activities that will make para mapaunlad ang ating bansa, Ang concluded Photo by: Mario Oclaman //FNS
