BSP Collects Award for Banknote of the Year

After the International Bank Note Society (IBNS) announced earlier this year that the Philippines’ new polymer 1,000 piso was the 2022 Banknote of the Year winner (see CN April 2023), the Melbourne branch of the IBNS formally presented the award to Bangko Sentral ng Pilipinas Assistant Governor Mary Anne Lim in a ceremony held at Note Printing Australia.

The note was printed by Note Printing Australia and is being piloted alongside its paper equivalent as part of a planned programme to introduce the substrate to other denominations. It was the overwhelming favorite in the 2022 awards.

‘I want to sincerely thank the IBNS for this honour, and all of us at BSP are delighted to win this award. This acknowledgement is evidence to us that our polymer banknote program is on track,’ said Ms Lim. ‘I also want to thank all of you (NPA staff) for your contribution to our success. The BSP’s strategic collaboration with NPA has been remarkable and your support is very much appreciated.’