On behalf of the Bangko Sentral ng Pilipinas and our partner institutions – the DBP, Land Bank and IGLF – we thank Quezon City under the distinguished leadership of Mayor Herbert Bautista, Vice Mayor Ma. Josefina Belmonte-Alimurung, and the members of the Sangguniang Panlungsod for launching its own Credit Surety Fund or CSF.
The Quezon City CSF is the first at the National Capital Region. This is therefore a significant milestone in our program to promote CSFs across the country. This tells us that the local government in Quezon City continues to find ways to support the further growth and development of local micro, small and medium enterprises – or what we call MSMEs.