The Bangko Sentral ng Pilipinas (BSP) handed over Php 4 billion in partial dividends to the National Government (NG) on 20 February last year and recently remitted Php 17.48 billion to complete the turn-over to the NG.  This brings BSP’s total remittance to Php 21.48 billion for the fiscal year 2018.

BSP Governor Benjamin E. Diokno said the BSP is “glad to contribute to government resources which are essential to fostering inclusive economic growth and enhancing the quality of life of Filipinos.”

The BSP said in a statement that the amount of dividends it has turned over to the NG for 2018 is the largest it has declared since its founding in 1993. . (Rommel F. Lopez)