New polymer banknotes more effective against counterfeits

BSP: Polymer bills lead to drop in counterfeits
The Bangko Sentral ng Pilipinas reported a significant decrease in counterfeit banknotes since the introduction of polymer currency, with only one fake P1,000 polymer note detected per 82 million pieces in circulation.
BSP: New polymer banknotes more effective against counterfeits
The Banko Sentral ng Pilipinas (BSP) cited studies showing that the newly-released polymer banknotes are more effective in preventing counterfeits. It also asserted that the latest designs of the polymer bills are “smarter,
BSP: Majority of Filipinos support polymerization of PH banknotes
A survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed that majority of Filipinos support the polymerization of Philippine banknotes.
BSP touts advantages of polymer banknotes
THE Bangko Sentral ng Pilipinas (BSP) said the use of polymer banknotes can protect Filipinos from counterfeit bills while protecting the environment. In a statement issued last Thursday, the BSP also said polymer banknotes also have at least 7 times the lifespan of paper banknotes,
BSP unveils new polymer banknotes
The Bangko Sentral ng Pilipinas (BSP) unveiled the First Philippine Polymer Banknote (FPP) Series on Thursday, December 19, 2024, featuring new banknote designs after the release of the P1,000 polymer banknote into circulation in 2022.
Plastic banknotes lower counterfeiting risks – BSP
THE introduction of new polymer banknotes is a significant step in reducing counterfeiting risks, the Bangko Sentral ng Pilipinas (BSP) said. The central bank earlier this month launched 500-, 100-, and 50-piso polymer bills,
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BSP expects to hit inflation target for 2024
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BSP lifts ban on new digital banks
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Lifting of BSP freeze makes way for maximum 10 digital banks
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BSP extends 2% to 4% inflation target through 2028
The Philippines’ central bank said on Friday it will maintain its current annual inflation target of 2% to 4% through to the end of 2028, saying the outlook was for inflation to stay manageable. The ...
SP, BSP urge Centre to avoid controversy over Manmohan Singh’s funeral, memorial
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BSP Mayawati mourns the demise of former PM Manmohan Singh
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BSP slashes interest rates again
The Bangko Sentral ng Pilipinas decided yesterday to lower policy rates further by 25 basis points as inflation remains ...
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BSP profit soars to P109.7 billion in 9 months
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