The Bangko Sentral ng Pilipinas (BSP) has been chosen as the 2013 Best Macroeconomic Regulator in the Asia Pacific Region by The Asian Banker, one of Asia's leading financial services consultancies.
The award was given during The Asian Banker Leadership Achievement Awards in Jakarta, Indonesia, last Tuesday April 23, 2013.
BSP Assistant Governor Ma. Cyd Tuaño-Amador attended The Asian Banker Leadership Achievement Awards and received the accolade in behalf of the BSP.
The Asian Banker Leadership Achievement Awards are widely acknowledged by the financial services industry as the highest possible recognition available to industry professionals in the Asia Pacific region.
Established in 2001, the awards are among the most difficult and most exclusive accolades to win because of the stringent evaluation process involved.
The Asian Banker said: "The selection process is a rigorous one, completed over several months and involving feedback and interviews with all constituents who are in a position to comment on the candidates. All of these make this a world-class evaluation programme, and the insights gained from the programme are published in an annual report."
The awards ceremony—which was a gathering of international and domestic institutions that have excelled in transaction banking, risk management and technology—was held in conjunction with The Asian Banker Summit.
