Central Bank Opens New Branch in Cotabato City

COTABATO CITY – The Bangko Sentral ng Pilipinas inaugurated a new branch building in Cotabato City on Monday, expanding its facilities and operational capabilities in Mindanao.

BSP Deputy Governor Bernadette Romulo-Puyat led the ceremony, joined by government officials including Secretary Carlito G. Galvez Jr. of the Office of the Presidential Adviser on Peace, Reconciliation and Unity, and Bangsamoro Autonomous Region in Muslim Mindanao Chief Minister Ahod B. Ebrahim.

The new building, located on Governor Gutierrez Avenue, will support currency requirements for Cotabato City and nearby areas in Maguindanao, Cotabato, and Sultan Kudarat. It will also serve as a hub for BSP stakeholder relations and advocacies in BARMM.

Featuring energy-, water-, and material-efficient systems, the structure aligns with BSP’s Sustainable Central Banking agenda and Next Generation Design Building concept.

The Cotabato Branch is part of BSP’s Mindanao Regional network, which includes offices in Davao City, Butuan, Cagayan de Oro, General Santos, Ozamiz, and Zamboanga.

BSP regional offices and branches handle cash operations, gold-buying operations in select areas, branch accounting, economic and financial learning, and regional economic surveillance.

The central bank previously operated from the Tison Building in Cotabato City since 2000, after occupying rented space from 1983 to 2000.

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