Business
BSP Releases New Generation Currency Banknotes with Enhanced Design and the Signature of the Fourth Governor of the Bangko Sentral ng Pilipinas
P ursuant to its mandate of preserving the integrity of Philippine currency , the Bangko Sentral ng Pilipinas releases today New Generation Currency ( NGC ) banknotes with enhanced design . The enhancements aimed to highlight significant moments in the nation ’ s history , as well as its world heritage sites and iconic natural wonders . The Philippine banknotes remain a constant reminder of the Philippine patriotism and bravery , and centuries of journey for the Filipino people ’ s better future . The design enhancements include the following : Denomination / s : Enhancements / Changes : 200-Piso Changes in the images in the obverse side of the banknote particularly those depicting the Declaration of Philippine Independence and Opening of the Malolos Congress
50-Piso Addendum in the text “ Leyte Landing ” to “ Leyte Landing October 1944 ”
1000-Piso Deletion of the image of the Order of Lakandula Medal and the phrase “ MEDAL OF HONOR ” in the obverse side of the banknote
20- , 50- , 100- , 200- , 500- , and 1000-Piso
• Changes in the format of the scientific names ; and Increase in the font size of the year mark of the banknotes .
The BSP shall also be releasing the NGC banknotes bearing the signature of the fourth Governor of the Bangko Sentral ng Pilipinas , Nestor A . Espenilla , Jr . These NGC banknotes shall be issued to authorized agent banks for withdrawal of the general public .
The Bangko Sentral ng Pilipinas , with its commitment in maintaining the integrity of the Philippine currency , is considering further enhancements for the NGC banknotes such as inclusion of braille marks for the visually impaired and other improvements in the security features .
The NGC banknotes without the enhanced features will remain legal tender . bsp . gov . ph
68