The Philippine peso,also referred to by its Filipino name piso,is the official currency of the Philippines. It is subdivided into 100 sentimo,also called centavos.
Banknotes of the Philippine peso are issued by the Bangko Sentral ng Pilipinas for circulation in the Philippines. The smallest amount of legal tender in wide circulation is ₱20 and the largest is ₱1000. The front side of each banknote features prominent people along with buildings,and events in the country's history while the reverse side depicts landmarks and animals.
The Bangko Sentral ng Pilipinas is the central bank of the Philippines. It was established on January 3,1949,and then re-established on July 3,1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.
The Rizal Commercial Banking Corporation,commonly known as RCBC,is one of the largest universal banks in the Philippines with total consolidated resources of Ph₱1.2 trillion. It was established in 1960 as a development bank and is licensed by the Bangko Sentral ng Pilipinas (BSP) for both commercial and investment banking. It is currently headquartered at RCBC Plaza in Makati,Metro Manila.
Rafael Carlos Baltazar Buenaventura was a prominent banker in the Philippines who served as the second Governor of the Bangko Sentral ng Pilipinas;he served under two Philippine presidents during one of the most tumultuous political transitions in the country's history.
Benjamin Estoista Diokno is a Filipino economist who currently serves as one of the six members of the Monetary Board of the Bangko Sentral ng Pilipinas,which conducts the country's monetary policy and supervises its financial system. Diokno previously served as Secretary of Budget and Management under President Joseph Estrada from 1998 to 2001 and under President Rodrigo Duterte from 2016 to 2019. He also served as the Governor of the Bangko Sentral ng Pilipinas and the chairman of its Monetary Board,as well as ex officio chairman of the Anti-Money Laundering Council,from 2019 to 2022 under President Duterte His last Cabinet-level position was being the Secretary of Finance from 2022 to 2024 under President Bongbong Marcos.
The New Design Series (NDS) (also known as the BSP Series after the establishment of the Bangko Sentral ng Pilipinas) was the name used to refer to the banknotes of the Philippine peso conceptualized from 1983 to 1985,issued from 1985 to 2013 and circulated from 1985 to 2019 including commemorative notes,and coins issued from 1995 to 2017. The coins were minted and issued from c. December 1995 to November 30,2017,and remain legal tender as of 2023. It was succeeded by the New Generation Currency (NGC) Series that was conceptualized from 2007 to 2010,and issued on December 16,2010 for banknotes and November 30,2017 for coins. The series used the Friz Quadrata,Arial,Optima,and Helvetica typeface.
The Philippine twenty-peso note (₱20) is a denomination of Philippine currency. It is the smallest banknote denomination in general circulation in the Philippines. Philippine president Manuel L. Quezon is currently featured on the front side of the note,while the Banaue Rice Terraces and the Asian palm civet is featured on the reverse side.
The Philippine fifty-peso note (₱50) is a denomination of Philippine currency. Philippine president and former House Speaker Sergio Osmeña is currently featured on the front side of the bill,while the Taal Lake and the giant trevally are featured on the reverse side.
The Philippine one hundred-peso note (₱100) is a denomination of Philippine currency. Philippine president Manuel A. Roxas is currently featured on the front side of the bill,while the Mayon Volcano and the whale shark are featured on the reverse side.
The Philippine two hundred-peso note is a denomination of Philippine currency. President Diosdado Macapagal is currently featured on the front side of the note,and since 2017,President Gloria Macapagal Arroyo's inauguration as the 14th President of the Philippines is on the lower-left side on the note just in front of the scene of the Declaration of Philippine Independence,and the scene of the opening of the Malolos Congress is also present on the obverse side of the note. From 2010 to 2017,the Aguinaldo Shrine and the Barasoain Church were featured on the front side of the note. The Chocolate Hills and the Philippine tarsier is featured on the reverse side. Currently,it is the rarest banknote circulating in the country,and thus is seen more as a novelty than legal tender.
The Philippine five hundred-peso note (₱500) is a denomination of Philippine currency. President Corazon Aquino and her husband,Senator Benigno Aquino Jr. are currently featured on the front side of the note,while the Puerto Princesa Subterranean River National Park and the blue-naped parrot are featured on the reverse side.
The Philippine five-peso note (₱5) was a denomination of Philippine currency. Philippine president Emilio Aguinaldo is featured on the front side of the note,while the Declaration of the Philippine Independence is featured on the reverse side. This banknote was circulated until the demonetization of main banknotes under the New Design Series on January 3,2018. Its printing was stopped in 1995 and was replaced by coins.
The Anti–Money Laundering Council (AMLC) is the agency of the Government of the Philippines that is tasked to implement the provisions of Republic Act No. 9160,also known as the Anti–Money Laundering Act of 2001 (AMLA),as amended,and Republic Act No. 10168,also known as the “Terrorism Financing Prevention and Suppression Act of 2012”(TFPSA).
The Governor of the Bangko Sentral ng Pilipinas is the chief executive officer of the Bangko Sentral ng Pilipinas,the Philippines' central bank. This position succeeds and replaces the earlier post of Governor of the Central Bank of the Philippines.
Nestor Aldave Espenilla Jr. was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas (BSP) from 2017 until his death in 2019. He began working for the BSP in 1981 and was a deputy governor under his predecessor Amando Tetangco Jr.
The New Generation Currency (NGC) Series is the name used to refer to the Philippine peso currency series conceptualized from 2007 to 2010,and banknotes issued since 2010 and coins issued since 2017. The series uses the Myriad and Twentieth Century typefaces.
This is a list of commemorative coins issued by the Philippines. More info here.
The Center for Agriculture and Rural Development,Inc. is a micro-finance oriented rural bank in the Philippines established in 1997,and is currently regulated by the Bangko Sentral ng Pilipinas. Its main office is located in San Pablo City,Laguna. As of May 2019,Card Bank,Inc. has 750 service offices nationwide.
Eli M. Remolona Jr. is a Filipino economist serving as the governor of the Bangko Sentral ng Pilipinas (BSP),the central monetary authority of the Philippines,and the ex officio chairman of the Anti-Money Laundering Council,the central anti-money laundering/counter-terrorism financing authority of the Philippines,under the Bongbong Marcos administration since July 3,2023.
