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Bangko Sentral NG Pilipinas: (Central Bank of The Philippines)

The Bangko Sentral ng Pilipinas (Central Bank of the Philippines) was established in 1993 as the country's central bank and is responsible for monetary policy, banking supervision, and other financial services. It has a Monetary Board that oversees its operations and is led by a Governor. The BSP aims to achieve price stability and promote a sound and efficient financial system in support of balanced economic growth.
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0% found this document useful (0 votes)
88 views

Bangko Sentral NG Pilipinas: (Central Bank of The Philippines)

The Bangko Sentral ng Pilipinas (Central Bank of the Philippines) was established in 1993 as the country's central bank and is responsible for monetary policy, banking supervision, and other financial services. It has a Monetary Board that oversees its operations and is led by a Governor. The BSP aims to achieve price stability and promote a sound and efficient financial system in support of balanced economic growth.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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BSP

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Bangko Sentral ng Pilipinas
(Central Bank of the Philippines)
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BANGKO SENTRAL NG
PILIPINAS
(BSP)
-is the central bank of the Philippines. It was
established on July 3, 1993, pursuant to the
provision of Republic Act 7653 or the New Central
Bank Act of 1993 as anmended by Republic Act
11211 or the New Central Act of 2019
1900 1946 1987
1 2 3
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AMERICA THIRD PRESENT
ERA AND REPUBLIC
WORLD AND
WAR ll MARTIAL
LAW
1900 1946 1987

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Shortly after President
In 1900, the  Manuel Roxas assumed In accordance with a
First Philippine Commis office in 1946, he instructed provision in the 
sion then-Finance Secretary 1987 Constitution
passed Act No. 52 Miguel Cuaderno, Sr. to ,President Fidel V. Ramos
whichh placed all banks draw up a charter for a  signed Republic Act No.
under the Bureau of the central bank. 7653, otherwise known as
Treasury and The Commission, which the New Central Bank Act
authorizing the Insular studied Philippine financial, into law on June 14, 1993.
Treasurer to supervise monetary, and fiscal The law also gives the
and examine banks and problems in 1947, Bangko Sentral fiscal and
all banking activity.  In recommended a shift from administrative autonomy
1929, the  the dollar exchange which the old Central Bank
Department of Finance, standard to a managed did not have. On July 3,
through the Bureau of currency system. A central 1993, the New Central
Banking, took over bank bank was necessary to Bank Act took effect.
supervision. implement the proposed
shift to the new system.
01
MONETARY BOARD

02
GOVERNOR

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03 03 03
FINANCIAL MONETARY AND CORPORATE
SUPERVISION ECONOMIC SERVICES
SECTOR SECTOR SECTOR
Liquidity Financial
Management Supervision

responsibilities

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Management
Currency Issue of Currency
Reserves

Determination
Lender of Last
of Exchange
Resort
Rate Policy
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Contact

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us
8M 6M 7M
/ [email protected] @BangkoSentral
BangkoSentralngPili
pinas

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