Central Bank Philippine, Central Bank Of Philippine

Bangko Sentral ng Pilinipas, established in 1993, is the nation's central bank. It has been operating with the mission of making the country's economy globally competitive by developing its market.

The bank also has a strong vision of maintaining internal and external monetary stability, as well as fiscal stability. Important functions are:

Issuance of currency
Formulation and implementation of monetary and fiscal policy
Exercise of regulatory powers on the non-banking financial intermediaries
Determination of exchange rates
Acts as a banker to the government
Acts as a lender of last resort

With regards to the bank's organizational structure, the monetary board exercises the monetary policies. It also regulates the activities of financial institutions.

Address and contact details are:

Central Bank Philippine
Mabini Corner P. Ocampo Str. Streets
Malate, Manila 1004
PHILIPPINES
Phone: ++63-2-524 70 11
Fax: ++63-2-536 07 34
Website: www.bsp.gov.ph
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