Saturday, August 25, 2012

...the World's Top Bank Governors

Tetangco keeps 'A' rating, named one of world's six top central bankers



August 25, 2012
GMA NEWS

Bangko Sentral ng Pilipinas Governor Amado Tetangco Jr. was listed by an international finance magazine one of the world's six best Central Bankers for 2012.

Global Finance magazine, which publishes the "Central Banker Report Card," said the six performed well as the world's central banks were severely tested.

"During one of the toughest years on record, the World's Central Bankers were tested as never before. Every year, we assess the determination of Central Bankers to stand up to political interference, and their efforts at influencing their governments on such issues as spending and economic openness to foreign investment and financial services," said Global Finance publisher Joseph Giarraputo.

The Central Banker Report Card grades Central Bank governors of 50 key countries (and the European Central Bank) on an "A" to "F" scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management.

Tetangco got an "A" along with:
- Australia's Glenn Stevens
- Canada's Mark Carney
- Israel's Stanley Fischer
- Malaysia's Zeti Akhtar Aziz
- Taiwan's Fai-Nan Perng

The BSP noted Tetangco also received an “A” rating last year. — ELR, GMA News

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