The Bangko Sentral ng Pilipinas ' (BSP) First Philippine Polymer Banknote Series (FPPBS) has been recognized with the "Best New Banknote or Banknote Series" award for its security features, design, and incorporation of Philippine flora and fauna. According to the BSP, the FPPBS received the...
The Bangko Sentral ng Pilipinas (BSP) is touting the success of its polymer banknotes, highlighting their significantly lower counterfeit rates in addition to environmental and practical benefits. In a statement on Thursday, Dec. 26, the BSP said that one of the key findings following the launch of...
Senate Minority Leader Aquilino "Koko" Pimentel III is set to conduct a Senate inquiry in order to ask the Bangko Sentral ng Pilipinas (BSP) what caused the removal of national heroes from the design of new polymer banknotes. In a radio interview on DWIZ, Pimentel said that for the longest time,...
President Ferdinand R. Marcos, Jr. (left) and Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. applaud the First Philippine Polymer Banknote Series during its launch in Malacañang on Dec. 19, 2024. The familiar crinkle of a crisp paper bill, the faded ink from countless...
The Bangko Sentral ng Pilipinas (BSP) has introduced the First Philippine Polymer (FPP) Banknote Series featuring enhanced security and durability, which will be available in circulation starting the first quarter of 2025. On Thursday, Dec. 19, President Ferdinand R. Marcos Jr. led the unveiling of...
The Bangko Sentral ng Pilipinas (BSP) plans to showcase the critically endangered Ceratocentron fesselii orchid on its new polymer banknotes, an initiative that aims to improve security features and promote conservation awareness. In a Facebook post on Tuesday, Dec. 10, the BSP revealed plans to...
The Bangko Sentral ng Pilipinas (BSP) only needs to be clear and more energetic in their information campaign regarding the new polymer bills. Senator Joel Villanueva (Senate of the Philippines) Incoming Senate Majority Leader Joel Villanueva issued this statement following criticisms against the...
Senator Aquilino “Koko” Pimentel III has asked the Bangko Sentral ng Pilipinas (BSP) to stop the issuance and the production of the P1,000 polymer banknotes amid mounting complaints about its practical use as a legal tender. In a related development, Pimentel also filed a resolution urging the...
DR. Gregorio Baccay III, acting bank officer V of Bangko Sentral ng Pilipinas (BSP), discusses the security features of P1,000 polymer banknote during the Regional Roadshow on Philippine Currencies and Other BSP-Related Advocacies at the BSP Multi-Purpose Hall in Bacolod City Thursday, June 23....
Presidential Spokesperson Harry Roque branded as fake news the reports circulating via text message that the P20 banknote will no longer be recognized as legal tender before the end of 2021. (Ellson A. Quismorio/ MANILA BULLETIN) "Ang P20 paper bill ay mananatiling legal tender. Mayroon po kasing...