Winners of Central Banking Awards 2022

Bangko Sentral ng Pilipians (BSP), the Central Bank of Costa Rica, the East Caribbean Central Bank and De La Rue were winners in four of the Central Banking Awards 2022, presented annually by the Central Banking Journal and which number over 30 categories.

The awards are targeted at the global community of central bankers and the ecosystem of specialised suppliers, and are made to recognise excellence in serving the central banking community and contribution to public service.

The Currency Initiative award went to the BSP for the Cash Service Alliance (CSA), an alliance of the BSP and the Bankers Association of the Philippines that enables commercial banks to share piso banknotes directly between themselves, bypassing the BSP. It is backed by an online facility so that banks can work together to match excess fit note held with banks who need additional notes. It allowed P 302 billion worth of banknotes to be sourced through the CSA between October 2020 and December 2021.