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45 Cards in this Set
- Front
- Back
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This is the first organized credit institution |
Obras Pias |
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They exercise the powers and functions of bsp |
Monetary board |
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Is the central bank of the republic of the philippines |
Bangko sentral ng pilipinas |
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When was the opening of the suez canal facilitated trade between the philippines and europe |
1869 |
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When was the bangko sentral ng pilipinas established? |
July 3 1950 |
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The logos contained within a perfect circle without sides a beginning or an end accentuated by a bold border, to convey the singular and integrated nature of the bsp and its impartial approach to holistic growth and development |
Shape |
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The name of the bangko sentral ng pilipinas is rendered in gold using what font? |
San serif font |
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What is the new color of the logo |
Yellow gold and midnight blue |
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It symbolizes the bsp balance and inclusive approach to growth and development while also conveying the central monetary authority is master over its field |
Eagles outstretched wings and tail feathers |
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It represents the strong will resolve the monetary and financial tools that the central bank uses in discharging is mandates |
Talons |
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Expressing the bsp vigilance and readiness to seize challenges and opportunities that rise over the horizon |
Eagles head and eyes face east |
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What is the bsp mandates |
To promote and maintain price stability a strong financial system and safe and efficient payment and settlement system conducive to sustainable and inclusive growth of the economy |
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What are the four functions of central bank |
Lender of the last resort for financial instability Being a bank to the government Implementing monetary policy Regulating the financial sector |
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What are the mandate function and responsibilities? |
Monetary policy Monetary operation Systematic risk management Financial supervision Payments and settlements system oversight Currency management Inclusive finance Loans and credit operations International reserves International operations International economic cooperation Economic education |
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When was the bangko sentral ng pilipinas established? |
July 3 1950 |
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When was the investor relations group established? |
July 2001 |
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What is the bsp mission |
To promote price stability, a strong financial system and a safe and efficient payment and settlement system conducive to a sustainable and inclusive growth of the economy. |
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What is the vision of bsp? |
Bsp aims to be recognized globally as the monetary authority and primarily financial system supervisor that supports strong economy and promotes high quality of life for all filipinos. |
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Selfless commitment to the service of the filipino people and the country |
Patriotism |
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Performing with team spirit acting and thinking as one in the pursuit of common goals and objectives |
Solidarity |
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Performing mandate with sincerity, honesty and uprightness, worthy of respect and emulation from others |
Integrity |
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Taking full responsibility for one's or groups action |
Accountability |
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Consistently doing our best to master or craft, continually improving our competencies and learning new things in pursuit of the organizational goals, comparable to the best practices of other central banks |
Excellence |
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Monetary board consist of |
- Chairman which is the governor - Five full-time members from the private sector - One cabinet member |
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It was created in july 2001 to raise the philippine government's credit profile and promote the country as a viable investment destination |
Investor relations group |
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4 Functions of the Central Bank |
1. Lender of the resort for financial stability 2. Being a bank to the government 3. Implementing monetary policy 4. Regulating the financial sector |
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Refers to the condition of low and stable inflation |
Price stability |
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It aims to promote economic growth and prosperity and the high standards of ethics and performance it holds. |
Yellow gold foreground |
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What are the design elements of bsp logo |
Golden philippine eagle Shape Golden stars Corporate text Dominant colors |
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What are the corporate text used in the logo of bsp |
San serif font |
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What san serif font signifies |
Operational efficiency, clarify 8f vision and single mindedness of purpose |
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What does the shape of logo convey? |
It conveys the singular and integrative nature of the bsp |
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What are the three golden pillars |
Price stability Stable banking system Safe and efficient payment and settlement system |
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What are the types of the banks in the philippines |
1. Universal and commercial bank 2. Thrift banking system 3. Rural cooperative banks |
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It is composed of savings and mortgage bank private development banks stock savings and loan association. |
Thrift banking system |
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The offer the widest variety of banking service among financial institutions |
Universal and Commercial bank |
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The most popular type of banks in rural communities |
Rural cooperative banks |
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It is privately owned manage |
Rural banks |
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It represent the largest single group resource wise of financial institutions in the country |
Universal and commercial banks |
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These are organized and owned by cooperatives or federation of cooperatives |
Cooperative banks |
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Example of thrift Bank |
Allied savings bank City savings bank Legazpi savings bank Luzon development bank EIB savings bank LBC Development Bank Liberty savings bank Isla bank |
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Top 10 universal and commercial banks |
Banco de oro Metrobank Bank of the philippine islands Landbank of the philippines Security Bank Corporation Philippine national bank China bank Development Bank of the philippines |
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What are the rural bank associations of the philippines |
Bolinao bank Green Bank The Green Bank Peninsular rural bank Quezon capital rural bank The new rural bank of San Leonardo |
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Offer the same variety of banking services offered by universal bank however it cannot engage in underwriting and other functions of investment house |
Commercial bank |
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This bank are also authorized to engage and underwriting and other functions of investment houses |
Universal bank |
