the visayas region, the security thread of the 200piso banknote changes colors from green to blue. lastly, the 100 - piso was designed after an indigenous textile from the bicol region and with colors that shift from violet to bronze. all these banknotes also have three - dimensional and holographic features. in addition, the 1000 - piso and the 500 - piso banknotes feature design elements that use optically variable ink, which enables change in color when viewed at a different angle. the value panels of these two banknotes were added with a rolling - bar effect when tilted from left to right, and vice versa. finally, a distinct security feature will help us achieve our mission of bringing bsp closer to filipinos. we added tactile marks to the banknotes specifically intended to help the elderly and 1 / 2 bis central bankers'speeches visually impaired to quickly identify the value or denomination of the banknote. pairs of short horizontal bands are printed in intaglio or engraved at the extreme right and left sides of the note. a 1000 - piso has five pairs of this tactile mark ; the 500 - piso will have four pairs ; three pairs for the 200 - piso ; two pairs for the 100 - piso ; while a 50 - piso will have one pair of tactile marks. through this distinguishing feature, the elderly and the visually impaired will be more confident in using the banknotes for their transactions, paving the way for financial inclusion. needless to say, our banknotes are the treasure of our nation — as we always remind the filipino public, “ ingatan natin ang ating salapi, salamin ito ng ating yamang lahi. ” let us all do our part in preserving and safeguarding its value. maraming salamat at magandang hapon sa ating lahat! 2 / 2 bis central bankers'speeches

securities which helped us manage liquidity better. on the regulatory front, we issued time - bound and targeted regulatory and operational relief measures to encourage bsp - supervised financial institutions to continue their support to the economy in the following ways : 1 / 5 bis central bankers'speeches counting of loans to micro, small, and medium enterprises as part of banks ’ compliance to the reserve requirement ; higher single borrower ’ s limit ; and increased limit to real estate loans. we also supported the passage and implementation of legislation aimed at helping the economy recover and move forward from the pandemic, specifically bayanihan 1 and 2, and the recently passed financial institutions strategic transfer or fist and the corporate recovery and tax incentives for enterprises or create laws. it is worthy to note that both fist and create were passed during the pandemic. fist aims to help banks unload bad assets ; while create seeks to accelerate economic recovery by cutting the corporate income tax and modernizing the fiscal incentives system. both measures are meant to attract more job - generating investments. we will continue to support the passage of the government financial institutions unified initiatives to distressed enterprises for economic recovery or guide bill, which aims to strengthen the capacity of government financial institutions — philippine guarantee corporation, land bank of the philippines, and the development bank of the philippines — to provide needed assistance to micro, small and medium enterprises and other strategically important industries. in addition, our continuing support for landmark legislation such as the islamic banking law will help promote real socioeconomic development in muslim mindanao and boost efforts to help our countrymen move forward from the economic effects of the pandemic. for our actions to mitigate the impact of covid - 19, we received the “ best systemic and prudential regulator in asia pacific ” award from the asian banker in october 2020. we also received the 2020 gold standard award for country and trade promotion for our efforts in ensuring that the international investment community sees a truthful and transparent picture of the philippine economy. the research arm of the economist group, which focused on financial inclusion in the covid19 response, likewise recognized the country ’ s initiatives to mitigate the adverse economic impact of the current global health emergency. financial inclusion is a state wherein there is effective access to a wide range of financial services for all. it is clear that the crisis, which subjected us to extraordinary challenges, has also given us the rare chance to accelerate our efforts in bringing the bsp closer to the filipino people. this day is yet another proof of