BSP launches 5,000-piso Lapulapu commemorative banknote, medal

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The Bangko Sentral ng Pilipinas (BSP) and National Quincentennial Committee (NCQ) today, January 18 launched 5,000-piso Lapulapu commemorative banknote and commemorative medal.

The event was held at Fort San Antonio Abad, BSP Complex, Malate, Manila. Executive Secretary Salvador Medialdea represented President Rodrigo Roa Duterte in the occasion.

Commemorative notes are produced to memorialize an event of historic significance to the country and are in limited volume, set apart from the banknotes intended for circulation.

According to BSP, the production and issuance of the commemorative banknote and medal is part of the 2021 Quincentennial Commemorations in the Philippines (QCP) which include the celebration of the 500th Anniversary of the Victory of Mactan, the 500th Philippines’ historic part in the first circumnavigation of the world and other related events.

“The BSP and NCQ have collaborated on this commemorative banknote and medal to celebrate the heroism of Lapulapu and his warriors, and to familiarize the present generation with the country’s rich pre-colonial history,” BSP Officer-in-Charge (OIC) Francisco Dakila, Jr.

Dakila was designated OIC by BSP Governor Benjamin E. Diokno while recovering from a medical procedure performed January 17.

According to BSP, Diokno is on medical leave after undergoing a successful procedure to address a blood clot caused by a minor head accident.

“According to his medical report, prognosis for the Governor’s complete recovery is “very good” as he was awake and conversant an hour after the procedure. He is expected to be discharged from the hospital in four to five days and is anticipated to return to work subsequently,” BSP said.