CBN Asia was honored as one of over 200 awardees at the national recognition ceremony for the Philippines’ successful exit from the Financial Action Task Force (FATF) Grey List.
President Ferdinand “Bongbong” Marcos Jr. led the ceremony and personally handed the plaques of appreciation to the honorees. Representing the ministry, President and Chief Executive Officer Peter Kairuz, along with Vice President for Administration and Malou Ibañez, accepted the plaque of recognition on the organization’s behalf.
“As a non-profit organization, the award speaks about CBN Asia’s integrity, about our commitment to cooperate with our government in however way we can. We are here to be good citizens, be good stewards of what the Lord has entrusted to us,” Kairuz said.
The FATF Grey List includes countries under heightened monitoring due to risks such as money laundering and terrorism financing.
This milestone reflects stronger global confidence in the Philippines’ financial systems. Being officially removed from the grey list brings multiple benefits to the country: it strengthens greater trust from international investors, creates more opportunities for local businesses, and lowers remittance costs for our hardworking overseas Filipino workers sending money back home.
For CBN Asia, it brings greater transparency, credibility, and trust to the way resources are managed – a powerful testament that, by God’s grace, integrity and excellence remain at the heart of its mission. With every resource entrusted to the ministry, it remains faithful in stewarding resources, knowing that good governance is the foundation of true transformation.
“CBN Asia was honored, but we were there on behalf of our nation. By the grace of God, we were part of this achievement. It was truly a great honor,” Malou Ibañez said.
To know more about CBN Asia, you can call 87370700 or visit cbnasia.org.
Eve says:
Congratulations, CBN Asia! You have been a part of my journey, especially during the dark nights and times when I needed healing and prayer. Your prayer center is being there for me ❤️🙏Thank you so much for everything. I hope you continue to grow and help many more people come to know the Lord in their lives and to help people through our Operation Blessing.
cbnasiaprayercenter says:
Hi Eve, thank you for this wonderful and heartwarming comment. We are glad to know that God has been using the CBN Asia and Prayer Center in your faith journey. Please also include us in your prayers as we continue to help and minister across the nations and bring glory and honor to God alone. Let us know how we can pray for you again, call us anytime at 8-737-0-700 or email us at prayforme@cbnasia.org. You may also reach us through our Facebook pages https://www.facebook.com/The700ClubAsia/ https://www.facebook.com/CBNAsia/ Blessings!
Rina Grace Maderal Narzoles says:
Congratulation that the ministry is recognized, so happy to be part of CBN Asia. More than ever, thankful that I perceive credibility since 2018.
To God be all the glory!
cbnasiaprayercenter says:
Hi Rina, thank you for your warm comment. Thanks be to God for this recognition. Let’s continue to give Him glory and honor. Blessings!