One Goal, Many Hands[1]
Keynote Message
Outstanding BSP Stakeholders Appreciation Ceremonies
2025
BSP Head Office,18 July 2025
Good morning
everyone. I have been tasked to fill in for the Governor, who I know you were
all expecting to speak at this event. Think of me as the BSP’s contingency
reserve – called in only when the main asset is under the weather.
I promise this is well within prudential
limits.
To our
partners from the public and private sectors and to my colleagues from the
Bangko Sentral ng Pilipinas, good morning.
It is an honor
to welcome you all to the 2025 Outstanding BSP Stakeholders Appreciation
Ceremonies.
This tradition
began in 2004 as a simple gesture of gratitude to the respondents of our
Business Expectation Survey. Since then, it has grown into a meaningful
platform to recognize organizations that help us fulfill our mandates and extend
our reach.
You come from different yet equally critical sectors such as banking and finance,
local government units, professional and industry associations and beyond.
Each of you
contributes to our shared mission of ensuring efficient currency circulation,
promoting financial inclusion, and guarding against illegal financial
practices. Your roles may differ, but your impact is profound.
Some go even further.
Since 2011, the Bureau of Fire Protection, with the help of BSP, has trained
160 fire officers to deliver financial literacy sessions, educating over 3,100
new recruits.[2]
This kind of initiative shows how far collaboration can go.
This reminds us
that while we come from different backgrounds and bring diverse perspectives,
meaningful results happen when we work together.
I am reminded of
a striking moment in history. In 1939, as war broke out across Europe, two men
stood watch atop of King’s College Chapel in Cambridge to protect it from
German bombs.
They were John
Maynard Keynes and Friedrich Hayek. Both giants in economic thought whose views
were famously diametrically opposed. Keynes championed government intervention
to stabilize markets, while Hayek warned against it, believing in free-market
principles. Yet that night, they worked side by side, united by a bigger cause.
To our
awardees, thank you for your dedication, your courage, and service.
Congratulations,
and mabuhay kayo!
(END)
[1] Speech of
BSP Governor Eli M. Remolona for the OBSAC 2025 on 18 July 2025, at the
Assembly Hall, BSP Head Office
[2] From OBSAC
briefer: “In 2024, BFP successfully rolled out financial education programs to
3,101 newly recruited Fire Officer 1 personnel and 25 non-uniformed personnel,
demonstrating its dedication to ensuring financial literacy across all levels
of its workforce. Additionally, 554 personnel participated in the ‘Credit Card
101’ session on 19 July 2024, further expanding the reach of financial education
initiatives. A total of 164 BFP trainers
underwent a ‘Training of Trainers’ workshop, equipping them to effectively
deliver financial education programs to their colleagues.”
