Victorias City led by Mayor Javier Miguel Benitez received an award from the Bangko Sentral ng Pilipinas (BSP) as one of its outstanding local government partners during the 2024 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held at Citadines Hotel, Bacolod City, on Monday, September 16.
Vice Mayor Abelardo “JunB” Bantug III, along with Councilor Derek Palanca, accepted the OBSAC award on behalf of Benitez, a press release from Victorias City said.
The OBSAC, which began in 2004, serves as a platform for the BSP to honor outstanding partners who support the central bank’s mandates of ensuring price stability, financial stability, and a safe and efficient payments and settlements system.
Victorias City was recognized for its consistent promotion of BSP’s special advocacies, such as financial inclusion, digitalization, proper handling of banknotes and coins, and cyber hygiene.
In addition to the Certificate of Recognition, the City also received a commemorative P100,000 note from the Bangko Sentral ng Pilipinas.
The event was led by BSP Governor Eli Remolona Jr., BSP Deputy Governor Bernadette Romulo-Puyat, and other BSP officials.
This recognition further strengthens the partnership between the BSP and Victorias City in advancing financial literacy and digital initiatives for the benefit of its constituents, the press release said.