The Palawan Group of Companies (PGC) collaborates with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency management across the country through the BSP Piso Caravan. The BSP Piso Caravan is a nationwide program designed to support the Clean Note and Coin Policy and Coin Recirculation Program. Its key objectives include expediting the withdrawal of unfit and mutilated banknotes and coins from circulation, educating the public on the proper handling and care of Philippine currency, promoting financial literacy and responsible money management, encouraging the recirculation of idle coins, and instigating behavioral change towards valuing the currency.
“PGC is fully committing to support the BSP Piso Caravan to encourage the public to preserve the integrity of Philippine currency, which will expand financial inclusion in the country,” Karlo Eugene Josef M. Castro, President and CEO of PGC, said.
Chairman Bobby L. Castro also reiterated PGC’s commitment to the initiative, emphasizing that proper money management can make a difference in the lives of many Filipinos.
“By working with currency exchange centers like yours, we are ensuring that clean and fit bank notes, as well as coins, continue to circulate smoothly. This helps improve everyday transactions and keeps our currency in good condition for businesses and individuals alike,” BSP Deputy Governor Bernadette Romulo-Puyat said.
PGC has long been an advocate of financial education and economic empowerment, as both are essential to both individual and national prosperity. Through its partnership with the BSP for the Piso Caravan, PGC takes a significant step toward making financial literacy and essential resources more accessible to communities across the Philippines.
