Following the 1 August 2009 death of former president Corazon “Cory” Aquino, Bangko Sentral ng Pilipinas (BSP) is considering adding her portrait to the 500-piso (US$10.50) note which has featured a portrait of her husband and former Senator Benigno “Ninoy” Aquino Jr. since 20 August 1987. If approved, the new
According to a BuinessMirror report dated 8 July 2009, Bangko Sentral ng Pilipinas (BSP) is planning to replace its existing abaca-and-cotton banknotes with polymer notes. Deputy BSP governor and officer in charge, Armando Suratos, provided no details on the timing of such a move, but stated that it would result
100 pesos (US$2.30), 2008. Ten million notes introduced 20.06.2008, to commemorate the centennial of the University of the Philippines. Like B1046 but with overprint of the Oblation, an iconic concrete sculpture of a man with face up and arms stretched-wide symbolizing the selfless offering of service to one’s country.
According to Inquirer.net, the Bangko Sentral ng Pilipinas (BSP), has spent P4 billion (US$89 million) on two “superline” printing machines so it will not have to outsource the printing of banknotes. Two years ago, a European printer supplied 80 million 100-peso notes on which President Gloria Macapagal-Arroyo’s was misspelled as
According to a 15 August 2006, article in The Manila Times, the Bangko Sentral ng Pilipinas (BSP) will cease outsourcing the printing of bank notes in 2007 in the wake of an embarrassing mistake made public last November. In an attempt to ensure a sufficient supply of 100-piso (US$1.95) bank