anesthetic‚ also spelled anaesthetic ‚ any agent that produces a local or general loss of sensation‚ including pain. Anesthetics achieve this effect by acting on the brain or peripheral nervous system to suppress responses to sensory stimulation. The unresponsive state thus induced is known as anesthesia n anxiolytic (also antipanic or antianxiety agent[1]) is a drug used for the treatment of anxiety‚ and its related psychological and physical symptoms. Anxiolytics have been shown to be useful
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the Bohol Chocolate Hills. What’s also notable is that they used pictures which signify the rich wildlife resource of the country. From kulasisi‚ alamid‚ maliputo‚ and tarsier down to the iconic butanding. I was also amazed with how the Bangko Sentral ng Pilipinas (BSP) played with the designs by combining the wildlife symbols with the pictures of country’s natural wonders printed at the back of the bill. Thumbs up for the mere fact that they considered the MOST deserving symbols and not just the
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It is said that central banks redesign banknotes every 10 years. This is to prevent counterfeiters to produce exact copies of the current banknotes. But our former currency series has been in place for almost 25 years. That is why the Bangko Sentral ng Pilipinas decided to change our banknotes. It was December 6‚ 2010 when the new banknotes became available. All six of our banknotes have new designs but have the same size and color as the former currency series. There is a new BSP logo and Seal
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A. DEFINITION Definition of ’Central Bank’ The entity responsible for overseeing the monetary system for a nation (or group of nations). Central banks have a wide range of responsibilities‚ from overseeing monetary policy to implementing specific goals such as currency stability‚ low inflation and full employment. Central banks also generally issue currency‚ function as the bank of the government‚ regulate the credit system‚ oversee commercial banks‚ manage exchange reserves and act as a lender
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BSP Releases Report on the Philippine Financial System for the First Semester of 2011 11.03.2011 The Bangko Sentral ng Pilipinas (BSP) recently released the Status Report on the Philippine Financial System for the first semester of 2011. The report provides an account of the performance of the banking system and other financial institutions such as non-banks with quasi-banking functions‚ non-stock savings and loan associations‚ offshore banks‚ and trust entities under BSP supervision. Also included
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BSP Facility The Central Bank of the Philippines also known as the “Bangko Sentral ng Pilipinas” was established during the regime of Ferdinand E. Marcos. Its main objective is to manage the monetary policy and collect all the important wealth of our country. Our tour was in the Security Plant Complex of the BSP where the production of money and refinery of gold takes place. These two things are the blood of our economy that is important for us to achieve higher standards of competitive advantage
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Unit Investment Trust Fund Frequently Asked Questions Q. What is a Unit Investment trust Fund (UITF)? A. A Unit Investment Trust Fund (UITF) is an open-ended pooled trust fund denominated in any acceptable currency. A UITF is operated and administered by a trust entity. Funds from various client investors are pooled together by the trust entity and invested in different types of investment instruments and securities by the trustee with the objective of providing the client investor maximum returns
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the1st 2days of our tour and his name was “Paul” but he told us to call him “kuya paul”‚ after meeting our guide we immediately went to La Fortuna Hotel to have our breakfast and to take a couple of minutes of rest. By 8:30am we drove to Bangko Sentral ng Pilipinas as our first tour destionation of the day. We did have a 2 hours of discussion with Ms. Hazel Arante of what is our currency made of‚ how it is made‚ the reasons of the features on our currency‚ and we ask some questions that are not so
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setting the reserve requirement‚ and acting as a lender of last resort to the banking sector during financial crisis. In the past years‚ central banks in industrialized countries have made great pace in the regulation of monetary policy. The Bangko Sentral ng Pilipinas or BSP is the central bank of the Republic of the Philippines. It was established on July 3‚ 1993 which it took over from the Central Bank of Philippines or CBP. The BSP enjoys fiscal and administrative autonomy from the national government
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Category (2013).The Philippine Stock Exchange Universal and Commercial Bank Income Statement and Key Ratios (2012). Bangko Sentral ng Pilipinas. Retrieved January 29‚ 2013 from http://www.bsp.gov.ph/banking/pbs_new/13.htm Universal and Commercial Bank Income Statement and Key Ratios (2011) Universal and Commercial Bank Income Statement and Key Ratios (2010). Bangko Sentral ng Pilipinas. Retrieved January 29‚ 2013 from http://www.bsp.gov.ph/banking/pbs_archives/2010/13.htm Universal and Commercial Bank
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