BANGKO SENTRAL NG PILIPINAS
The Bangko Sentral ng Pilipinas (BSP) is the
central bank of the Republic of the Philippines. It
was established on 3 July 1993 pursuant to the
provisions of the 1987 Philippine Constitution
and the New Central Bank Act of 1993. The BSP
took over from Central Bank of Philippines, which
was established on 3 January 1949, as the
country’s central monetary authority. The BSP
enjoys fiscal and administrative autonomy from
the National Government in the pursuit of its
mandated responsibilities.
BSPVISION
The BSP aims to be recognized globally
as the monetary authority and primary
financial system supervisor that supports
a strong economy and promotes a high
quality of life for all Filipinos.
BSP MISSION
To promote and maintain price
stability, a strong financial system, and a
safe and efficient payments and
settlements system conducive to a
sustainable and inclusive growth of the
economy.
COREVALUES
BSP HIERARCHIAL STRUCTURE
ORGANIZATIONAL CHART
Governance of the Bank
The Monetary Board exercises the powers and functions of
the BSP, such as the conduct of monetary policy and supervision
of the financial system. Its chairman is the BSP Governor, with
five full-time members from the private sector and one member
from the Cabinet.
The Governor is the chief executive officer of the BSP and is
required to direct and supervise the operations and internal
administration of the BSP. A deputy governor (or a Senior
Assistant Governor in the case of the Currency Management
Sector) heads each of the BSP's operating sector
Monetary and Economics Sector
is mainly responsible for the
operations/activities related to
monetary policy formulation,
implementation and assessment.
Financial Supervision Sector
is mainly responsible for the regulation of the
banks and other BSP – supervised financial
institutions.
Payments & Currency Management Sector
is mainly responsible for maintaining the
safety and integrity of the Philippine currency
and ensuring a well-functioning payments and
cash ecosystem that facilitates the economic
activity and supports long-run economic
growth.
Corporate Services Sector
is mainly responsible for the effective
management of BSP's human, financial
and physical resources to support the
BSP's core functions.
Deputy Governor
Assists heads each of the BSP`s operating
sectors.
Senior Assistant Governor
Assists the governor and/or Deputy Governor in
formulating and implementing programs and
manages the overall operations of his/her office.
Regional Operations & Advocacy Sector
is mainly responsible for the overseeing the
operations of the Financial Inclusion Office.
Economic Financial Learning Office,
Consumer Protection nd Market Conduct
Office, Strategic Communication and
Advocacy, New Clark City – Program
Management Office and Regional Operations.
BSP SEAL
The Bangko Sentral ng Pilipinas (BSP) has
introduced a new logo in keeping with the changing
times. In contrast to the stylized eagle profile design of
the current logo, the new one features a full-bodied
Philippine eagle rendered in gold, taking inspiration
from various wildlife photographs of actual Philippine
eagles. The use of the Philippine eagle in the new logo
is intended to represent the BSP as well as the Filipino
people which it serves.
The logo employs a
photorealistic rendering
of a Philippine eagle in
flight, signifying the
strength of leadership
and foresight that the
BSP provides in the
financial sector and the
economy.
GOLDEN PHILIPPINE EAGLE
DESIGN ELEMENTS:
The eagle's outstretched wings and tail feathers symbolize
the BSP's balanced, inclusive approach to growth and
development, while also conveying the central monetary
authority's mastery over its field.
The eagle's head and eyes face east, expressing the BSP's
vigilance and readiness to seize challenges and
opportunities that rise over the horizon.
The talons represent the strong will, resolve, and the
monetary and financial tools that the central bank uses in
discharging its mandates.
SHAPE The logo is contained within a perfect circle—without
sides, a beginning, or an end—accentuated by a bold border, to
convey the singular and integrative nature of the BSP and its
impartial approach to holistic growth and development.
GOLDEN STARS The three golden stars represent the three
pillars of central banking (price stability, stable banking system,
and a safe and efficient payments and settlements system), as well
as the BSP's commitment to promote and sustain a high quality of
life for all Filipinos, across Luzon,Visayas, and Mindanao.
CORPORATE TEXT The name of the Bangko Sentral ng Pilipinas
is rendered in gold, using a clean sans-serif font, to signify the
Bank's operational efficiency, clarity of vision, and single-
mindedness of purpose.
DOMINANT COLORS Yellow gold and midnight blue
dominate the new logo’s color scheme to evoke the BSP’s
stature as a premier government agency.
1. The yellow gold foreground elements represent the BSP's
aim to promote economic growth and prosperity, and the
high standards of ethics and performance it holds.
2. The two-tone midnight blue background is evocative of
the honor, dignity, and noble character of the Filipino
people, and the BSP's unwavering commitment to serve the
nation.
Monetary Board
Monetary Board
Monetary Board
FUNCTIONS OF BSP
1. Bank of issue
2. Government`s banker, agent, and adviser
3. Custodian of the cash reserves of banks
4. Custodian of the nation`s reserves of international
currency
5.Bank of rediscount and lender of last resort
6. Bank of central clearance and settlement
7. Controller of credit
Reference
bsp.gov.ph
Topic 2 BSP.pptx

Topic 2 BSP.pptx

  • 1.
  • 2.
    The Bangko Sentralng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on 3 July 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993. The BSP took over from Central Bank of Philippines, which was established on 3 January 1949, as the country’s central monetary authority. The BSP enjoys fiscal and administrative autonomy from the National Government in the pursuit of its mandated responsibilities.
  • 3.
    BSPVISION The BSP aimsto be recognized globally as the monetary authority and primary financial system supervisor that supports a strong economy and promotes a high quality of life for all Filipinos.
  • 4.
    BSP MISSION To promoteand maintain price stability, a strong financial system, and a safe and efficient payments and settlements system conducive to a sustainable and inclusive growth of the economy.
  • 5.
  • 6.
  • 7.
  • 8.
    Governance of theBank The Monetary Board exercises the powers and functions of the BSP, such as the conduct of monetary policy and supervision of the financial system. Its chairman is the BSP Governor, with five full-time members from the private sector and one member from the Cabinet. The Governor is the chief executive officer of the BSP and is required to direct and supervise the operations and internal administration of the BSP. A deputy governor (or a Senior Assistant Governor in the case of the Currency Management Sector) heads each of the BSP's operating sector
  • 9.
    Monetary and EconomicsSector is mainly responsible for the operations/activities related to monetary policy formulation, implementation and assessment.
  • 10.
    Financial Supervision Sector ismainly responsible for the regulation of the banks and other BSP – supervised financial institutions.
  • 11.
    Payments & CurrencyManagement Sector is mainly responsible for maintaining the safety and integrity of the Philippine currency and ensuring a well-functioning payments and cash ecosystem that facilitates the economic activity and supports long-run economic growth.
  • 12.
    Corporate Services Sector ismainly responsible for the effective management of BSP's human, financial and physical resources to support the BSP's core functions.
  • 13.
    Deputy Governor Assists headseach of the BSP`s operating sectors. Senior Assistant Governor Assists the governor and/or Deputy Governor in formulating and implementing programs and manages the overall operations of his/her office.
  • 14.
    Regional Operations &Advocacy Sector is mainly responsible for the overseeing the operations of the Financial Inclusion Office. Economic Financial Learning Office, Consumer Protection nd Market Conduct Office, Strategic Communication and Advocacy, New Clark City – Program Management Office and Regional Operations.
  • 15.
    BSP SEAL The BangkoSentral ng Pilipinas (BSP) has introduced a new logo in keeping with the changing times. In contrast to the stylized eagle profile design of the current logo, the new one features a full-bodied Philippine eagle rendered in gold, taking inspiration from various wildlife photographs of actual Philippine eagles. The use of the Philippine eagle in the new logo is intended to represent the BSP as well as the Filipino people which it serves.
  • 16.
    The logo employsa photorealistic rendering of a Philippine eagle in flight, signifying the strength of leadership and foresight that the BSP provides in the financial sector and the economy. GOLDEN PHILIPPINE EAGLE
  • 17.
    DESIGN ELEMENTS: The eagle'soutstretched wings and tail feathers symbolize the BSP's balanced, inclusive approach to growth and development, while also conveying the central monetary authority's mastery over its field. The eagle's head and eyes face east, expressing the BSP's vigilance and readiness to seize challenges and opportunities that rise over the horizon. The talons represent the strong will, resolve, and the monetary and financial tools that the central bank uses in discharging its mandates.
  • 18.
    SHAPE The logois contained within a perfect circle—without sides, a beginning, or an end—accentuated by a bold border, to convey the singular and integrative nature of the BSP and its impartial approach to holistic growth and development. GOLDEN STARS The three golden stars represent the three pillars of central banking (price stability, stable banking system, and a safe and efficient payments and settlements system), as well as the BSP's commitment to promote and sustain a high quality of life for all Filipinos, across Luzon,Visayas, and Mindanao. CORPORATE TEXT The name of the Bangko Sentral ng Pilipinas is rendered in gold, using a clean sans-serif font, to signify the Bank's operational efficiency, clarity of vision, and single- mindedness of purpose.
  • 19.
    DOMINANT COLORS Yellowgold and midnight blue dominate the new logo’s color scheme to evoke the BSP’s stature as a premier government agency. 1. The yellow gold foreground elements represent the BSP's aim to promote economic growth and prosperity, and the high standards of ethics and performance it holds. 2. The two-tone midnight blue background is evocative of the honor, dignity, and noble character of the Filipino people, and the BSP's unwavering commitment to serve the nation.
  • 20.
  • 21.
  • 22.
  • 23.
    FUNCTIONS OF BSP 1.Bank of issue 2. Government`s banker, agent, and adviser 3. Custodian of the cash reserves of banks 4. Custodian of the nation`s reserves of international currency 5.Bank of rediscount and lender of last resort 6. Bank of central clearance and settlement 7. Controller of credit
  • 24.