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Victorias City receives award from BSP

Vice Mayor Abelardo Bantug and Councilor Derek Palanca receive the OBSAC award from BSP Gov. Eli Remolona Jr. (left) and BSP Deputy Governor Bernadette Romulo Puyat on Sept. 16 at Citadines Hotel in Bacolod City.*

The City of Victorias, under the leadership of 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 September 16.

Vice Mayor Abelardo “JunB” Bantug III, with Councilor Derek Palanca, accepted the OBSAC award on behalf of Benitez.

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 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.*

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