Tagbilaran LGU honored for financial education efforts

BSP AWARDEE.  Tagbilaran City officials proudly display the Certificate of Recognition as a Promising Financial Education Partner awarded by the Bangko Sentral ng Pilipinas. From left: City Treasurer Hubert Inas, Atty. Thea Ivory Parras, Head of the City Economic Enterprise Department, and Atty. Louie Vincent Raotraot, Head of the City Economic Development and Investment Promotion Office.

THE Local Government Unit of Tagbilaran received a Certificate of Recognition from the Bangko Sentral ng Pilipinas (BSP) as a Promising Financial Education Partner.

The award was presented during the 2025 Financial Education Stakeholder’s Congress on November 18, 2025 at the BSP Head Office.

Tagbilaran City is one of only three local government units nationwide to receive this prestigious recognition, highlighting the city’s proactive efforts in promoting financial literacy and responsible money management among its residents.

The award was received by Atty. Thea Ivory Parras, Head of the City Economic Enterprise Department, who led the city’s delegation, accompanied by City Treasurer Hubert Inas and Atty. Louie Vincent Raotraot, Head of the City Economic Development and Investment Promotion Office.

This year’s Congress carried the theme, “The Journey to Financial Success: Financial Learning That Connects, Transforms, and Sustains,” emphasizing the event’s goal of strengthening collaboration, showcasing sectoral milestones, and building innovative solutions for inclusive financial education.

Mayor Jane Yap expressed her gratitude to BSP for the recognition and emphasized the importance of financial literacy for all Tagbilaranons, saying: “We are proud to be recognized as a Promising Financial Education Partner. Financial literacy is key to empowering our citizens, helping them make informed decisions, manage their resources wisely, and achieve greater economic stability for themselves and their families.”

This recognition underscores the city government’s commitment to equipping residents with the knowledge and tools necessary to make sound financial decisions, while strengthening the local economy and promoting inclusive growth.