Bangko Sentral ng

Pilipinas

THE LOGO
The

new BSP logo is a perfect round

shape in blue that features three
gold stars and a stylized Philippine
eagle rendered in white strokes.

These

main elements are framed on

the left side with the text inscription
Bangko
Sentral
ng
Pilipinas
underscored by a gold line drawn in
half circle.

THE LOGO
The

right side remains open,

signifying freedom, openness,
and readiness of the BSP, as
represented by the Philippine
eagle, to soar and fly toward its
goal. Putting all these elements
together
is
a
solid
blue
background to signify stability.

THE LOGO
Principal Elements:
1.

Philippine Eagle, our national bird, is the worlds

largest eagle and is a symbol of strength, clear
vision and freedom, the qualities we aspire for as a
central bank.

2.

The three stars represent the three pillars of central

banking: price stability, stable banking system, and
a safe and reliable payments system. It may also be
interpreted as a geographical representation of
BSPs equal concern for the impact of its policies
and programs on all Filipinos, whether they are in
Luzon, Visayas or Mindanao.

THE LOGO
Colors
1. The blue background signifies
stability.
2. The stars are rendered in gold to
symbolize wisdom, wealth,
idealism, and high quality.
3. The white color of the eagle and
the text for BSP represents
purity, neutrality, and mental
clarity.

Objectives of BSP
The

BSPs primary objective is to

maintain price stability conducive
to a balanced and sustainable
economic growth.
The BSP also aims to promote
and preserve monetary stability
and the convertibility of the
national currency.

Responsibilities of BSP
The

BSP provides policy

directions in the areas of money,
banking and credit.
It supervises operations of banks
and exercises regulatory powers
over non-bank financial
institutions with quasi-banking
functions.

Responsibilities of BSP
Under the New Central Bank Act, the BSP
performs the following functions, all of
which relate to its status as the Republics
central monetary authority.
1.

Liquidity Management. The BSP

formulates and implements monetary
policy aimed at influencing money
supply consistent with its primary
objective to maintain price stability.

Responsibilities of BSP
2.

Currency issue. The BSP has the

exclusive power to issue the national
currency. All notes and coins issued by
the BSP are fully guaranteed by the
Government and are considered legal
tender for all private and public debts.

3.

Lender of last resort. The BSP

extends discounts, loans and advances
to banking institutions for liquidity
purposes.

Responsibilities of BSP
4.

Financial Supervision. The BSP

supervises banks and exercises regulatory
powers over non-bank institutions
performing quasi-banking functions.

5.

Management of foreign currency

reserves. The BSP seeks to maintain
sufficient international reserves to meet
any foreseeable net demands for foreign
currencies in order to preserve the
international stability and convertibility of
the Philippine peso.

Responsibilities of BSP
6.

Determination of exchange rate policy.

The BSP determines the exchange rate policy
of the Philippines. Currently, the BSP adheres
to a market-oriented foreign exchange rate
policy such that the role of Bangko Sentral is
principally to ensure orderly conditions in the
market.

7.

Other activities. The BSP functions as the

banker, financial advisor and official depository
of the Government, its political subdivisions
and instrumentalities and government-owned
and -controlled corporations.